- Accurate recording of all inventory transactions lead to better inventory management and increases service levels by preventing lost sales opportunities.
- PDT [handheld barcode scanner with memory] based stock audit automatically generates stock discrepancy report based on computer and physical stock, analysis for discrepancy, etc. This makes daily stock taking easier and enables accurate measure of pilferage. Price protection reports.
- Comprehensive tracking on same product purchased from different vendors with different purchase cost and same MRP but different sales price leads to efficient price management.
- Flexible price level management leads to efficiency in purchase order given to supplier. The supplier who is supplying product at best cost is assigned order.
- Purchase reference can be embedded in barcode which helps in tracking the inventory item to the purchase invoice in which it is received.
- Powerful policy based re-order module helps in improving inventory turnaround cycle management. Work in progress capital is fully utilized. Reorder can be made based on past n number of days of sales history, week, month, purchase scheme, order based on minimum maximum stock level, minimum maximum days, price protection needs, etc.
