Inventory Management (FG & Spares)

Inventory Management (FG & Spares)

Inventory Management is a systematic means to obtain, store and get benefit from raw materials and finished goods. It is part of the supply chain which handles controlling and overseeing purchases from suppliers, maintaining the stock and fulfilling orders. For any business inventory management is very important, it benefits operational efficiency, creates transparency in financial aspects, customer preferences, business opportunities, business trends and so on. Inventory Management helps in -

  • Reducing costs
  • Optimizing fulfillment
  • Providing better customer service
  • Preventing loss from theft, spoilage, and returns.

Inventory Management system increases sale and helps in expanding the business. It is a customizable ERP Software that can be accessible and provides real-time information related to accounts. This Cloud-based ERP Software stores information and reports on the system which helps in making a better decision of the future of the company. This Manufacturing ERP Software is effective for providing transparency, visibility, and controls in the supply chain area. CRM Software Solution automatically updates the stock levels once the purchase is made.

Features
  • Goods Received from Suppliers
  • Requisition from other stores
  • Authorized Requisitions
  • Issue stocks against authorizing Requisitions to Projects & Sites
  • Stock Adjustments
  • Weighted average costing or FIFO & Multi- stores facilities
  • Invoices yet to be raised for Sales Order (Report)
  • Stock List (Report)
  • Items with the stock below reorder level (Report)
  • Stock Ledger (Report)
  • Movement Summary for a month (Report)
  • Transactions for any period , Summary(Report)
  • Transactions for any period , detailed(Report)
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