Inventory Management Software: Smart, Fast, and Efficient

As an online store owner, you’re looking for a way to manage inventory effortlessly. MontaWMS’s inventory management software gives you control—and goes even further. Not only do you get real-time insight into the quantity and location of your inventory, but the smart software also includes tools for optimizing inventory in your warehouse. This proven, reliable WMS—developed specifically for e-commerce—prevents shortages and excess inventory and speeds up order processing.

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Why Inventory Management Software Is Essential for Online Stores - MontaWMS

Without inventory management software, you’ll regularly disappoint your customers

Inventory Management Software

Why Inventory Management Software Is Essential for Online Stores

Speed and reliability are essential in the e-commerce industry to keep customers satisfied and coming back. So you can’t afford any mistakes or delays caused by poor inventory management. Without inventory management software:

  • Do you lack insight into current inventory levels?
  • Is it unclear exactly where products are located in the warehouse?
  • Not sure when to reorder your products?
  • Is there a good chance you’ll have to disappoint your customers due to stock shortages?
  • Do products that don’t sell take up unnecessary space and incur unnecessary costs?

With MontaWMS’s proven, reliable inventory management software, you can deliver on your promises to customers. Plus, you can automate and optimize your processes, saving you time and space and keeping you one step ahead of the competition.

Inventory Management Software

The Impact of Inventory Management Software on Your Warehouse

With our inventory management software, you can track the quantities and locations of products in your warehouse. But the benefits of good inventory management software go far beyond that! Other warehouse processes also benefit from MontaWMS’s inventory management software:

Receiving Goods

Incoming goods are immediately recorded in the system, so you always know what’s coming in and can start selling right away.

Returns Processing

Returns are also recorded in MontaWMS, where they are immediately re-added to inventory or set aside in selected areas of the warehouse for second-chance sales.

Order Picking

By understanding inventory turnover rates, you can place products directly in the most efficient location in the warehouse, keeping walking routes as short as possible.

Outbound

When verifying an order for shipment, the software checks to make sure the order contains the correct products. That guarantees error-free order processing!

How Our Inventory Management Software Impacts Your Warehouse - MontaWMS

Good inventory management software fully optimizes every warehouse process

Exclusive inventory management tools from MontaWMS

Exclusive tools developed based on over 20 years of practical experience; innovation every day

Inventory Management Software

Exclusive inventory management tools from MontaWMS

Because we at Monta also use our WMS in our own 20+ fulfillment centers, we know exactly what challenges you face on a day-to-day basis. At Monta, we call this software “for and by the field.” We’ve previously developed the following exclusive tools for our inventory management software:

Smart Stock

Which products aren’t selling, are selling poorly, or are costing you a lot due to high inventory costs? The innovative Smart Stock tool tells you. Based on real-time data, you can see at a glance where you can optimize and thus save money.

Warehouse Viewer

A top-down view of your warehouse literally gives you an overview of your inventory. You can quickly see where inventory is stored, how much of a product is located at each site, and which zones are designated for dangerous goods. Using the ABC analysis in this tool, you can link sales data to the walking route and organize your warehouse as efficiently as possible to shorten walking routes.

Inventory Forecast

MontaWMS uses your sales trends to forecast the inventory you’ll need for the coming period. There’s no longer any need for error-prone estimates—you can rely on reliable data that’s generated automatically. With just a few clicks, you can convert the forecast into a purchase order that you can easily send to various suppliers directly from MontaWMS.

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Frequently Asked Questions About Inventory Management Software

What is good inventory management? What should you keep in mind?

To keep good track of your inventory, you should keep the following points in mind:

  • Gain insight into your sales. Know which items are your top sellers and which are slow-movers.
  • Set priorities. Based on sales figures, determine which inventory items deserve your attention.
  • Create structure. A specific order or method for arranging products helps ensure clarity in the storage of goods in the warehouse.
  • Choose a method. Let your product range and product type determine which system is best suited for your warehouse.
  • Check periodically. Conduct regular inventory checks and take inventory.

What are the inventory management methods?

There are several ways to manage your inventory; below, we highlight a few of them:

  • Last In First Out (LIFO)
    The most recently received inventory is sold first, which is useful for products that do not depreciate quickly.
  • First In First Out (FIFO)
    The oldest inventory is the first to leave the warehouse, which is ideal for products with an expiration date or changing packaging.
  • First Expired First Out (FEFO)
    Products with the shortest shelf life are sold first; this method is particularly suitable for food and supplements.
  • Just-in-Time (JIT)
    Inventory is replenished only when it is truly necessary, which means you maintain minimal inventory and the supply chain must be perfectly coordinated.

MontaWMS supports any method.

Why do you need to count inventory?

Inventory counts are necessary for proper bookkeeping, but they also provide insight into inventory issues, such as theft, inefficient processes, or product performance. The more frequently you count inventory, the more accurate your work will be. In MontaWMS, you continuously perform counts in the background while putting away inventory and picking orders. This way, you’re working 24/7 to optimize operations and maximize profits.

Why is having too much inventory a bad thing?

Holding too much inventory is unwise for several reasons:

  • Destruction of Products
    When a product’s expiration date has passed, it can no longer be sold, and the excess inventory must be destroyed.
  • Tying Up Liquidity
    Products that aren’t sold “tie up” money that cannot be invested elsewhere.
  • Keeping Space Occupied
    Unsold inventory takes up a lot of space in the warehouse, which limits your ability to expand with new products or could result in higher storage rent.

How do you identify trends and patterns in your inventory?

Data predicts trends and patterns in your inventory management. To be able to identify these, it’s therefore essential that inventory data be accurately recorded. With MontaWMS, this happens automatically while you’re working—no more manual work. Using smart analytics tools, you can gain insights from this data and visualize them in charts and tables. Based on this information, you can make informed decisions and will no longer be caught off guard by changes in product demand.