Inventory Management
Fulfill demands with optimal inventory levels, monitor stock transfers, forecast inventory requirements, and optimize stock management across multiple locations with India's best Inventory Management System.
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Inventory Management
Inventory Management is one of the most crucial and complicated parts of business. There are examples of big companies failed in some of their projects or assignments due to lack of inventory management. Inventories are materials and supplies that a company carries either for supply to the production process or for sale or to provide inputs. High degree of orientation is required here for a business success. With its special features, Corporate Munim allows its users to have strong hold over their inventories. Not only that, even it clear the insights in such a way that you can handle forecasting related uncertainties as well in a smart manner. Your advantages can be :
- Supports in handling fluctuations in demand and inputs
- Reduces the risk of loss
- Minimizes the administrative work
- Helps in making effective use of working capital
- Helps in continuity of production operations
Key Features of Inventory Management
Intelligent Stock
Ordering Tool
helps to maintain optimum stock levels to avoid excess stock & stock out
Setup Multiple
Product Features
helps to capture 9 different product features like brand, supplier, section, design, size, colour etc.
Tolerance Limits at the
Product Levels
helps to avoid stock receipt more than purchase orders placed with suppliers
Quanto Stock
Audit Tool
helps to conduct simple & effective physical stock verification on periodical basis which helps to reduce stock pilferage
What is included
End-to-End Inventory Tracking System
Helps to track from raising purchase order, receiving LR, receipt & opening of bundles at warehouse, affixing barcodes, updating inventory entries, refilling stock in showroom shelves & ultimately sale to the customer
Know product history
Helps to track the entire history of any product like supplier name, purchase date, purchase cost, applied margin, discount scheme applied etc.
Right Database Lead to Right Decisions
Double approval system for effective database management & validation which leads to accurate data availability for decision making
Improve Team Involvement
Stock requirements can be easily, timely & effectively shared by section employees through user friendly purchase requisition
FAQs
Frequently asked questions about our ERP Retail software solutions.
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