Inventory Management System
Inventory management software is a computer based system for tracking inventory levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production related documents. Companies use inventory management system to avoid product overstock and outages. It is a tool for organizing inventory data that before was generally stored in hard-copy form or in spreadsheets.
Inventory management system can be programmed to tell managers to reorder that product. This helps companies avoid running out of products or tying up too much capital in inventory..
Manage sales and purchases, including enquiry, quotation, orders, deliveries, cancellations, returns, invoicing, discounts, etc. Extensive analysis, credit management and documents management
When a product is in a warehouse or store, it can be tracked by utilizes barcode, radio-frequency identification (RFID), and/or wireless tracking technology.
Management information system Reports and Fix price of the product depending on purchase price
It is used to track the Fix price of the product depending on purchase price and used to supports multi-branch and multi-location stock management
Manage product and branch transfers, inter-branch transfers, internal consumption, etc
Research & Development
Forecasting, controlling & managing inventory increases productivity and sales, while reducing costs, resulting in greater profitability.
Purchasing the correct inventory in the right amount to meet customer demand, while eliminating slow-moving, obsolete inventory leads to higher profits and better cash flow
Customer service tools integrated within an inventory managements equips the entire company to deliver consistent, personalized care for your customers
Event and project management tracking integrated with an inventory management system enables all associates to proactively identify & solve business issues