The inventory management module is an integral part and a critical component of all ERP systems. This cloud-hosted module forms the backbone to manage all businesses that have warehousing and storage functions, assisting them in optimizing space and reducing operational costs. Apart from helping in tracking all stock and providing updates related to stock balance, the inventory module in ERP also automates processes and monitors all transactions.
With inventory management module:
Our comprehensive ERP and inventory management systems comprise of modules that are integrated and could be customized to suit your unique warehouse needs. This module could be scaled up and expanded as your business grows and is accessible through mobile devices.
Consisting of critical processes to handle stock entries, bin configuration, RMA & batch tracking, stock reservation and integration with finance and POS, the inventory module is also equipped with game changing features to monitor stock excess or shortage, batch expiry, transfers, allocations and adjustments.
By enabling you to automate reordering, the inventory module would ensure you don’t run out of fast-moving stock and prevent you from overstocking slow-moving items. You could define the reorder levels for specific products or a group of products. The stock check feature would monitor orders in process and customer reservations to maintain the right balance in reorders.
The inventory management module is also equipped with smart notifications to alert you about crucial information, helping you to take decisions without delays.
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