How can AI be used for Office Inventory Management?

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Let's suppose you have started your healthcare business. Different inventory products such as wheelchairs, medicines, hospital beds, and other assets are in your warehouse. You are writing logs of your inventory to manage them. However, manual asset management is difficult because it is energy-draining, time-consuming, and prone to errors. You may face hazardous situations in your healthcare business because of poor inventory management.

To avoid this situation, you need artificial intelligence (AI) to manage your assets efficiently. As AI has entered into leave management, spreadsheet handling, work management, and other aspects of the office, it has entered into asset management, too. It will automate manual inventory handling which can boost your productivity.

Three Types of Automatic Asset Management Systems

Three types of asset-handling systems can replace manual inventory management. Each automatic management system has different purposes so you should choose the one that will fulfill your purpose.

IoT Asset Management System: The Internet of Things (IoT) are asset GPS trackers that are attached to physical products to track their location and sense their environment. It has temperature sensors, too, that can sense the humidity and temperature of the room or vehicle in which your assets are present. These trackers have mobile apps or websites from which business owners can keep an eye on their inventory. Eelink's devices are an example of this.

Digital Asset Management: Digital asset management uses advanced technology to manage intangible assets such as PDF files, software licenses, presentations, audio files, animations, and digital media. You can store digital assets in a central location through which you can store, organize, secure, and share digital assets throughout a company. It automates workflows and digital tasks.

Artificial Intelligence (AI) Asset Management: You can leverage artificial intelligence to enhance asset tracking capabilities. You can automate the creation and management of inventory data, which can improve efficiency. AI algorithms can be used for predictive analytics, optimization, and anomaly detection.

The Benefits of AI in Inventory Management

AI inventory management can help businesses navigate the complexities of asset management with unprecedented ease and efficiency. It is transforming hurdles into different opportunities for everyone. This technology helps businesses anticipate changes, adapt to new technology, and stay ahead of the curve.

It automates complex processes, enables real-time decision-making, provides insightful analytics, and predicts the future of inventory. It can process vast datasets of assets and make predictions with a high degree of accuracy. AI makes sure that you never run out of inventory products, and complete your orders on time.

Moreover, you don't need to spend a bunch of money on manual inventory management. So, this will save a lot of your money and reduce the chances of creating any errors. You can avoid the theft of your inventory products, too, with the help of AI. It can track the location and give you alerts whenever someone tries to steal your commercial asset.

Best AI Asset Management Tool for Office Inventory Handling

Itemery is one AI inventory management tool that contains various features to help all kinds of businesses manage their assets. You can track, manage, and optimize your office assets effectively. Its intuitive interface simplifies asset tracking and ensures every product is easily accessible.

You can organize your working system by tracking the items and their status. It will tell you if any item has less quantity or they are more in quantity. Moreover, it provides different categories of your assets and manages their information. It simplifies the setup process for businesses by allowing easy import of asset data from spreadsheets.

You can use this AI asset tracker in advertising agencies, consulting companies, educational institutes, Architecture firms, Law firms, insurance agencies, investment firms, and many other businesses. CEOs, IT Managers, Accountants, Office managers, Administrators, Controllers, and System Administrators can utilize this tool.

Key Features of Itemery

Integration with Excel and Google Threads: You can integrate this app with your Google Threads or Excel spreadsheet to import data from it. With two clicks, you can export your data automatically and conveniently.

Automatically Add Items: You just need to point your phone’s camera toward the item while keeping the Itemery app open. It will take the picture and automatically add the item and its status to your spreadsheet. In this way, you don't need to add any item manually.

Mobile App for Scanning: You can even scan the barcode or QR code of your product from the mobile app. It will add or audit items on the go through this method.

Scan Item Locations: You can scan the item locations through the Itemery app. It will help you to know where your products are at this moment. In this way, you can keep a structure to your inventory.

Barcode Generation: You can generate the barcode or QR code of your products. It can effectively track your items. 

Mobile and Web Access: You can access Itemery in the form of mobile apps or websites. You just need to download the app or sign up on the website to use this platform.

Pricing Packages of Itemery 

The tool has a free tier in which you can add 50 items that are present in the same location. 1 administrator, data import, QR codes, and in-app scanners are in this free trial.

The basic is 15 dollars per month that can track 250 items in 2 locations and have 2 administrators. It also gives the option of AI recognition and taking photos of items to add them to the list. Another one is an advance package that costs around 40 dollars per month. It provides 1000 items tracking in 5 locations. With it, it allows five administrators along with Basic features.

The fourth package is a Professional one that costs around 70 dollars per month. It has all the features in unlimited quantity.

Alternatives to Itemery

Asset Cloud

It is the most comprehensive and feature-rich asset management solution. It delivers full life-cycle asset management preventing loss and streamlining auditing. It eliminates the need to scan barcodes individually, which completes tasks such as audits, disposals, check-ins, and check-outs with speed and accuracy. It allows asset tracking on iOS and Android devices. Moreover, it could manage maintenance and work orders.

Zoho Inventory 

This AI inventory management tool is a free artificial intelligence-based tool that improves business efficiency. It provides a wide range of tools to manage shipments, inventories, and orders. It provides low-stock alerts to avoid stock-outs. It provides comprehensive inventory reports, and group items to facilitate identification and tracking.

Wrap Up

To summarize this whole conversation, we could say that Itemery is an AI asset management platform that utilizes various features to manage inventory products. Office inventory could be effectively managed by automatically adding items to the spreadsheet, tracking the location, generating barcodes, and integrating Excel and Google Threads into the platform. It has a free version so everyone could give it a try.

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