Worldwide · World Bank overview
~90%of businesses are SMEs
Small and medium enterprises make up around nine in ten businesses globally and account for more than half of employment.
World Bank: SME financeMy Inventory Items · Cloud inventory & billing
Inventory management software that brings your products, locations and billing together. Know what you have, what needs restocking and where to go next.
For the way you do business
See what is on hand, where it belongs and what needs attention. Keep everyday stock decisions in one clear view.
| Product | Location | On hand | Status | Actions |
|---|---|---|---|---|
Ceramic mugCER-001 / Home & living | Main warehouse | 128units | In stock | |
Linen tote bagLIN-002 / Accessories | Retail store | 12units | Low stock | |
Steel water bottleBOT-003 / Home & living | Main warehouse | 64units | In stock | |
Daily notebookNOT-004 / Stationery | Retail store | 8units | Low stock | |
Scented candleCAN-005 / Home & living | Main warehouse | 46units | In stock |
Stock ties up money. Missing items and unclear records make daily decisions harder. These figures put the scale of business operations in context.
Worldwide · World Bank overview
~90%Small and medium enterprises make up around nine in ten businesses globally and account for more than half of employment.
World Bank: SME financeUnited States · 2022 retail data
$112.1bnThe NRF’s 2023 survey estimated this value of inventory shrink across US retail for 2022. Shrink includes losses from multiple causes, including theft and process errors.
NRF: 2023 security surveyWorldwide · World Bank overview
>50%More than half of global employment comes from small and medium enterprises. Clear stock and purchasing routines help teams coordinate their everyday work.
World Bank: SME financeFigures describe their stated markets and periods; they are industry context, not results achieved by My Inventory Items. The NRF figure is a historical estimate for 2022.
A practical replenishment example
If your supplier takes seven days and you sell ten units daily, a 20-unit safety buffer gives you a reorder point of 90 units. This example assumes steady demand and lead time; adjust the inputs for your business.
Build a dependable routine around the work your team already does.
Check incoming quantities against your order. Give every product a clear identity and a place to belong.
Purchase ordersFollow stock through sales, returns and transfers, with records your team can work from together.
Stock managementReview low stock, count differences and product movement before your next purchasing decision.
Inventory analyticsFrom the first product record to your next stock review, give your team a more organized way to work.
Keep product quantities and movement records together. Check availability before making a promise to a customer.
See stock across stores and warehouses, with a clearer view of where each product is held.
Set reorder levels for important products and make replenishment part of your daily routine.
Create invoices, organize your documents and keep the details your customers need close at hand.
Use product codes and barcode labels to make identification more consistent across your team.
Review stock value and product movement, then decide what to buy, transfer or count next.
Start with a useful tool, even before you choose an inventory system.
Prepare a professional invoice and download a PDF for your customer.
Open invoice generatorWork out when to buy using daily demand, delivery time and safety stock.
Calculate reorder pointTurn product identifiers into labels for a more organized stockroom.
Generate barcode labelsWork through everyday inventory challenges with examples, checklists and guides for Nigerian businesses.
What to know before you get started with My Inventory Items.
Start with your products, your first location and a clearer picture of your stock. Build from there.