We use it to manage and track our inventory along with serialized stock. It works in tandem with Zoho CRM and Zoho Books. Quotes are converted and the sales orders appear in Zoho Inventory where the warehouse processes the order and ships.
It's possible to pull pick slips but because the system does not have bin locations you don't know where the items are located. If you have a large warehouse this makes it very difficult. Customizing sales order templates, packing slips is difficult. For example if you want to add pick notes to line items you need to be an expert in HTML to design your your template because the pick note will show on invoices also!