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Inventory Management Systems

This software helps users make accurate follow-ups on stock items in the various warehouses thus enabling them maintain optimal stock levels of all items to run their various operations efficiently. System has a Purchase Module which assists efficient handling of the purchase process enabling users keep track of purchase requisitions, preparing price comparison tables, initiating and follow-up purchase orders, and as well as keeping suppliers lists.

 

Features:

•  Controls and manages more than one store if connected by a network

•  Builds stock catalog. Enables grouping of items for convenient and easy stock control.

•  System allows tracking and handling of store requisitions automatically if connected by a network. It handles the control of requisitions, management approvals and respective issues of goods.

•  Controls each user department’s requisitions and issue of goods against budget.

•  Updates receipt and issue of goods systematically.

•  System gives a choice of cost valuation i.e. variable cost, FIFO or moving averages.

•  Physical inventory can be taken at any time and the count can be transferred to the subsystem.

•  Purchase requisitions can be collected and summarized to produce offer collection documents which then can be used to select suppliers and produce purchase order.

•  Stock purchase orders can be collected and summarized by item category.

•  System can process stock item issue to users upon proper authorization.

•  System helps prepare budget for user's requirements and allows budget control at all stages of execution

 

 

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