INVENTOY MANAGEMENT
Inventory management is to ensure there is enough goods or materials to meet demand without creating overstock, or excess inventory.
Stock management is the process of managing the goods your business plans to sell. This involves acquiring, storing, organizing and tracking those goods.
The use of procedures, techniques, abilities, knowledge, and experience to accomplish particular project goals in accordance with predetermined guidelines is known as project management. Final deliverables in project management are subject to a limited amount of time and money.
Procurement is essentially the buying process of businesses, as it relates to the purchasing of supplies or services.
The management of invoice documents from suppliers and vendors is the responsibility of invoice management, an internal business activity connected to procurement.
Inward and Outward details can be viewed in the Report.
OUR MODULES
Manage Stock
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Everybody Gets a Dashboard
Complete Leave management
The primary advantage is
Centralized Storage
The more stock locations you have to manage, the more difficult managing orders and tracking stock availability becomes. With the inventory management module, you can determine the availability of your items and locate them in seconds, even if they are stored in different warehouses or stores.
Stock Control
Stock control is a company's effort to provide stock items needed to meet consumer demand. The inventory management module allows you to keep track of your stock availability and ensure that it is always adequate. When the inventory runs low, the system notifies you so you can re-order right away.
Reduced Costs
The inventory management module keeps your company from incurring financial losses as a result of human errors, excessive stock storage, unnecessary purchases, late deliveries, and so on. You don't need to spend extra money on additional systems to manage your inventory if you have a centralised and integrated system.
Customer Satisfaction
The inventory management module ensures that all customer orders are properly fulfilled by providing real-time information about your inventory levels. You can also track shipments until they are delivered to customers using the system. As a result, this system ultimately contributes to increased customer satisfaction with your services.
Accurate Planning & Forecasting
An inventory management solution enables you to be more proactive in planning and forecasting your inventory requirements. With complete and accurate inventory reports, you can determine which products are the most popular, which are rarely ordered by consumers, how much inventory you should carry in the coming months, which suppliers are the most profitable, and any other important information that helps improve your business's productivity.