30th September 2024 - 5 min read
ON HAND SOLUTION: The Ultimate Inventory Management Tool for Small Businesses
Introduction
Managing inventory can be a daunting task, especially for small businesses specializing in handmade products. With fluctuating material supplies, varying production timelines, and the need for accurate cost tracking, having a robust inventory management system can make all the difference. Enter ON HAND SOLUTION—the ideal partner to simplify, streamline, and optimize your inventory processes.
Why ON HAND SOLUTION is Perfect for Small Businesses
ON HAND SOLUTION was crafted with small businesses in mind, especially those in the handmade and artisanal sectors. It offers an intuitive platform that simplifies tracking for raw materials and production runs, aligning seamlessly with your current inventory levels. Let’s dive into the features that make it a must-have tool for small business owners:
Effortless Tracking of Raw Materials
One of the biggest challenges in handmade businesses is ensuring a steady supply of quality raw materials. ON HAND SOLUTION makes it easy to monitor each material's availability, ensuring you never run short in the middle of a production run. You can log materials by category, set minimum stock levels, and receive alerts when stock is running low.
"With ON HAND SOLUTION, tracking raw materials is no longer a hassle. You’ll always have a clear picture of your stock levels and be prepared to meet demand."
Manage Production Runs with Precision
Producing handmade items requires planning and precision. With ON HAND SOLUTION, you can effortlessly manage production runs in sync with your available inventory, so you always know what’s on hand and ready to use. This feature not only helps streamline production but also reduces waste and minimizes production delays.
Comprehensive Cost of Goods Calculation
Understanding the true cost of goods (COG) is essential for pricing and profitability. ON HAND SOLUTION provides an integrated tool to calculate COG accurately, taking into account the costs of materials, labor, and overhead. This feature ensures you have a complete understanding of your expenses, allowing you to set competitive prices that reflect your true costs.
