If you’ve ever walked into a hardware store, you know how many parts are available. You’ll likely see lots of tools, nuts & bolts, auto parts, machinery parts, and much more. ‘Hardware’ also refers to the physical components of a computer, which has a wide variety of parts as well. With so many parts to account for, inventory management is a difficult task for these industries.
The computers of today are marvels of technology. Many components attribute to the impressive computing power of these machines, which are practically mechanical brains. A finished computer contains many parts to it, with the main ones listed below. Several of the parts themselves, such as the motherboard and keyboard, contain hundreds of components within them.
Here's a list of the essential internal and external hardware parts for a computer:
- Central Processing Unit (CPU)
- Random Access Memory (RAM)
- Power Supply
- Video Card
- Hard Drive
- Solid-State Drive (SSD)
- Optical Drive
- Card Reader
- Battery Backup (UPS)
- External Hard Drive
The inventory management challenge lies in the transition from the production stage to wholesale distribution. All of the raw materials, sub-assemblies, sub-components, and parts from a bill of materials need to be accounted for pre-production. Once the end product is complete, it needs to be accounted for separately. Another challenge is keeping track of inventory costs, production costs, and your accounting. Fortunately Fishbowl Manufacturing allows for seamless inventory management between production stages and integration with QuickBooks for centralized accounting.
Hand and Power Tools
This covers any hand or power tools that can be used for construction, repairs, carpentry, or any other related craft. Inventory management for this type of product is relatively easier, as there are less parts involved than computer hardware, but has many of the same challenges. Power tools such as a drill or table saw will include many electrical components, while a claw hammer will just include 1-2 raw materials welded together. Tool manufacturers must work closely with wholesale distributors and retailers. Can you imagine the inventory management challenges of a Home Depot or Lowe’s? Seamless integration and real-time updates with inventory levels has become essential in todays’ market. Retailers want to avoid stock-outs and manufacturers always want to be ready to fulfill purchase orders. Having inventory systems that can speak to each-other has become a necessity.
Here's a list of the more popular hand tools and power tools:
- Claw Hammer
- Tape Measure
- Utility Knife
- Layout Square
- Impact Driver
- Reciprocating Saw
- Heat Gun
- Table Saw
- Miter Saw
- Nail Gun
Whether you’re managing inventory as a computer manufacturer or a hardware store with multiple locations, you need a robust inventory system to tie your supply chain together. Fishbowl Manufacturing and Fishbowl Warehouse provide all the system functionality a business would need. Fishbowl Manufacturing integrates with QuickBooks, simplifies creating bills of materials, track raw materials along production stages, makes working with sales & purchasing orders easier, and will generate reports for all kinds of data sets. Fishbowl Warehouse has similar functionality, but also makes inventory management within multiple locations much easier.
You can start using Fishbowl right now with a Free Trial, or one of our inventory specialists can show you how it can work for your business with an online demo
Hardware is a word that is often used in connection with computers. It includes such things as motherboards, CPUs, RAM, hard drives, and power supply. In addition, it can also apply to power tools, hand tools, and a variety of other equipment that are used in manufacturing, construction, and other industries. Inventory software helps companies make the best use of their hardware and other assets.