Inventory Management is a critical component of ERP software solutions because the inventory control module interacts with virtually every other module or functional area. From the original quote and sales order entry through purchasing and receiving to shipping and ultimate invoicing, strong inventory management software functionality is necessary to provide high order fill-rates, contain operational costs, and maintain profit margins.
Inventory management software requirements vary by industry, Discrete manufacturing environments generally require multi-level serial number tracking, attributed inventory, revision level tracking, and kitting capabilities for value added distributors.
Process manufacturing environments will typically need lot control and lot property tracking, complete backward and forward traceability of lot numbers, expiration date management, and multiple units of measure per product ID or SKU.
Mixed-mode manufacturing environments become even more difficult, since organizations will require a combination of both process and discrete inventory management software features.
Salient Features of our Inventory ERP Module:
Inventory Groups & Items Master
Stores Master
Rack Master
Bin Master
Units Master
Item Master List
Gate Entry
Goods Receipt Note with QC
Store Issues against –Production Indents
General Stores Issues
Update BOM Stocks
Stock Transfers
Stock Adjustments
Stock Register (Report)
Stock Position (Report)
Stock Valuation (Report)
Stock Movement Analysis (Report)
Min, Max, Re-Order Report (Report)
Gate Entry Report (Report)
Stores Issue Register (Report)