Inventory Management

Inventory Management is an extremely important function in any organization. This solution helps organizations in reducing carrying costs and wastage of products due to reduce risk of non-usage. Batch level tracking and identification helps in monitoring & reducing pilferage, malpractices and mishandling of material.

The functionality of the solution involves the following:

  • Batch level Identification is done by Barcoding each SKU
  • Barcoding of each location where material is kept for error free tracking of the material
  • Manual filling up of reports are replaced by Barcode Scanning
  • Material tracking during inward movement i.e. from production and suppliers and outward movement i.e. to different departments, to customers or for QC
  • Stock level management using LIFO or FIFO, or any other practice used within the company
  • Physically counting and manual entry is removed by Cycle Counts using our technology
  • Re-Order Auto alerts for items nearing stock outs

Inventory Management