Good inventory tracking and management are essential if your business stocks and sells physical products. Attempting to sell products without tracking them can lead to things getting stolen, going missing, or getting damaged. Any stock that you lose track of can cost you a lot of money.
Integrating Bluetooth into business operations is one of the easiest and most effective ways to improve your company’s inventory tracking and management. This post explores how you can begin to use Bluetooth to streamline inventory tracking and management.
Use Bluetooth to Streamline Inventory Tracking And Management
i. Find the Right Tool
The first thing you need to do is find the right tool for the job. There are many Bluetooth tools you can use to track and manage your business’s inventory, so you need to shop around and find one with good reviews and a solid reputation. The experts from pozyx.io recommend finding one that allows you to find both indoor and outdoor assets, as well as track stock in real-time. An effective way to determine the efficacy of a tool is to take a look at what people have to say about it on Google Review or Trustpilot.
ii. Inventory Management Software
The next thing you need to do is find inventory management software that is compatible with the tool you have decided to buy, so you can keep better track of your inventory. A Bluetooth tool alone isn’t going to be very helpful if you do not have software you can use with it. Fortunately, most Bluetooth tools do have software they are compatible with, and sometimes even come with software. You usually do not have to pay for software if it comes with the Bluetooth tool you have purchased.
iii. Use Bluetooth Scanners
Bluetooth scanning tools can be very helpful because they make it possible for you to track inventory wirelessly, as well as get real-time data updates. They also reduce the amount of entry errors your employees make. Bluetooth scanning tools typically come as part of inventory tracking packages, so you shouldn’t have to buy yours separately. Make sure the one you buy has good reviews and is very durable. The more durable your Bluetooth scanner is, the better. You can ascertain a scanner’s durability by reading what past customers and current owners have to say about it on the retailer’s testimonials page.
iv. Automatic Cloud Syncing
Automatic cloud syncing is important, too. By automatically syncing your inventory data with the cloud (every single time it is updated or amended), you will be able to get better insights into what is in stock, what is not, and what has been sold. The cloud is also very secure and stops people from being able to access your business’s data without permission. Cloud syncing tools are widely available and very affordable. You typically pay for the cloud on a monthly basis, so it is something you will have to renew regularly.
v. Ensure Strong Connection
A strong connection is absolutely essential. You shouldn’t buy a Bluetooth inventory management tool if it has a bad connection or if reviewers say that a particular model is known to experience connection drops. Even temporary drops in connection can lead to items going missing. Studies show that most thefts occur from within companies, so while you might trust your employees, it is important to keep good track of stock so nothing goes missing. This is so you do not end up mistrusting employees, and so you do not lose money. Missing stock means missing money, which can be devastating for small businesses.
vi. Train Employees Well
You need to make sure you train employees on how to properly use your business’s Bluetooth technology. If employees are not sure how to use it, they could make mistakes, which could lead to financial losses. It is especially important to train them if the tools you plan on using come with software, as new inventory tracking software can be difficult to master, even for the most technologically adept employees. Fortunately, most Bluetooth tracking providers offer training manuals. These manuals can be used to train employees. Alternatively, you could pay for them to take formal training courses.
vii. Monitor Bluetooth Rollout
Finally, if you plan on incorporating Bluetooth technology into your company’s operations, make sure you monitor its rollout. Monitoring its rollout will help to ensure it is effectively implemented, and give you an opportunity to identify any problems with either the tools you have purchased or the way in which your employees are using them.
Final Words
Bluetooth technology makes it much easier for you to track and monitor your business’s stock. If you are new to the use of Bluetooth tech, hopefully the guidance given here has made the initial purchase and rollout process a little clearer for you.
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