Inventory System Solution / Software / App

What is Inventory System?

Inventory System is used to manage business inventories, generally consumable items / products. Inventory System caters both, raw materials and finished goods. Warehouse, Cold Chain and Batch Management are sub functions of inventory system and can be used as per business needs. Inventory scope covers, Stock in (Goods Receive GRN) , Stock out (Good Issue GI) , Stock on Hand (SOH), Demand and Supply Planning. Warehouse Management covers, position of stock at particular bay/aisle, Rack and Shelf for stock placement and stock picking. Cold Chain is sub part of Warehouse Management, with temperature information. Batch management is usually used for medicines and inventories that need record and information on expiry.

• 1. Control Panel to Configure System
  • a. Product Type
  • b. Product Category
  • c. Product Catalogue
  • d. Organization Hierarchy
  • e. Stakeholders
  • e. Warehouses
  • e. Cold Chain

• 2. Transactions
  • a. Stock Receive (Goods Receive Note GRN)
  • b. Stock Issue (Goods Issue Voucher GIV)
  • c. Stock Adjustment
  • d. Stock Return to Source
  • e. Demand / Requisition
  • f. Supply Planning
  • g. Stock Placement at Warehouse / Cold Chain

• 2. Reports
  • a. Stock On Hand (Bin Card)
  • b. Stock - Shipment / Pipeline
  • c. Stock Ledger
  • d. Stock Summary
  • e. Status Wise Stock
  • f. Voucher Listing

• 3. Alerts and Notifications
  • a. Near to Expire Stock
  • b. Cold Chain thresholds
  • c. Expected deliveries
  • d. Stock Outs / Over Stock
  • e. Re-Order

• 4. Analytics / Dashboard
  • a. Stock On Hand
  • b. Near to Expire
  • c. Stock Value
  • d. Re-order

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