ERP software for inventory management

ERP software for inventory management

ERP software for inventory management

The potential advantages of ‘SolutionOne’ ERP inventory management are far-reaching: It helps to give stock visibility to the management, proper material planning by reserving from free stock, receipts, issues, returnable material tracking, stock adjustments, aging detail, party material, third party stock, batch-wise – serial No. Wise stock, Backtracking after-sales. Allows multi types of Warehouses generation for a different purpose.

ERP software for inventory management

can help retailers and wholesalers to track and manage their inventory, as well as to produce reports on their inventory. With this information, the company can best determine when it is time to buy more of a product or when they need to order less.

Below are the major facilities that can avail from our inventory module,

  • Factory Location wise Multi Warehouses facility
  • Facility to restrict user at Warehouse level
  • Third Party (Customer / Vendor) material receipt and separate warehouse to track stock transactions.
  • Backflush warehouse at Production area & its auto consumption facility for “C” class items
  • Weighted Average & At actual cost level Valuation methods
  • Material Receipt entry of Regular / Batch / Serial No. / Expiry type of items
  • Facility to declare ‘Bill from’ information in Material receipt
  • Returnable / Non Returnable challan generation facility
  • Short Supply facility
  • Inter Unit (One factory to Another Factory ) Material transfer facility
  • Within Unit Material transfer facility
  • Issue of Material on production against Production Work Order
  • Facility to book cost of additional Material issue against Planning work order
  • Scrap booking entry facility
  • Stock Adjustment (+ / -) for Physical Stock Vs Book Stock matching
  • Facility to Back Tracking of Batch & Serial Number items
  • Inventory Aging for better control on material purchase planning schema
  • Facility for Minimum Inventory Level to maintain regular utilized material stock management to prevent shortfall of material at production level

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