Stock Viewing Software

Stock viewing applications track production costs.

Stock viewing and analysis is an important element in corporate asset-liability management procedures, providing executives with the necessary tools to monitor production costs. Stock viewing software also helps improve vendor relationships.

Identification

Stock viewing applications are computer programs that organizations use to allocate production costs to various phases of the manufacturing cycle, estimate beginning and ending balances for in-stock inventories, plan production cycles and assess the work of warehouse personnel, according to Traker Systems, an enterprise inventory control software solutions provider.

Benefits

Stock viewing software allows a company to successfully reach corporate profitability goals, enabling production supervisors and factory foremen to adequately control costs for raw materials, semi-finished goods and completely finished products. The software also enables a firm to monitor vendor prices.

Considerations

Various personnel use stock viewing software when completing tasks in a corporate production process, according to the U.S. Department of Labor's Occupational Information Network (O*NET OnLine). These professionals include production schedulers, manufacturing planners, production managers and controllers, master schedulers and production planning coordinators.

References

• Traker Systems: Inventory Traker for Manufacturing/Distribution
• Inventory Management Software--Reviewed & Rated: Inventory Management Software
• O*Net OnLine: Production, Planning and Expediting Clerks