The inventory module is a powerful tool that enables you to have complete control over your stock. If the nature of your business requires that you have explicit control over the movement of the stocks, then this is exactly what you need! The system can go to great extents to accommodate all necessary details and parameters that will help track down an item as per cost – and project centre. Generates GRN, SRIN and all other relevant documentation.
The Stock control provides all four ordering methods which are the basics for the Re-ordering process.The Article Definition Card enables you to relate items to other similar / Alternative Articles, categorize it, group it and valuate it.
Transfer stock between locations
The transfer function allows you to move your stocks between locations. Mix several batches in one location and run the expiry report to prevent stock losses.
Simplified Price calculations
Price calculations are made easier via the use of different price templates. Once enabled, this feature allows you to create your own costing and prices to the detailed level that you wish.
Registration of all transactions
The System will generate, automatically, through all procedures, the necessary documentation, such as Store requisition and issue notes (SRIN), Goods received notes (GRN) and Transfer notes.
Automated Stock management
Depending on your settings and current stock levels, the stock system will prepare planned orders for further processing -automatically if you wish. The planned order could be rejected or confirmed into a Purchase Order.
Gain insights via reports
The reports section provides facilities such as periodical and financial reports that will support management in their decision making processes, and detailed reports that give full control over the inventory at any given point of time.
Responsive stock valuation
Exchange rates and profit percentages, similarly, can be applied automatically throughout the system at any given point of time without loosing the history of your stock transactions.
Add ons can be included
The BOM (Bill of Material) and manufacturing module could be added to the standard stock control for production environments.
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