Inventory Management System

Inventory solution performs as central hub for all of marketplaces which monitor changes in inventory as orders come in and products are restocked, and pushing updates out to all of storefronts. The solution provides a complete inventory management system for controlling inventory. It integrates and increases the functionality of the accounts receivable, sales order, purchase order, accounts payable, manufacturing and point of sale functions. Solution is able to keep inventory in sync across all of storefronts, drop the manual updates, enjoy hands-off inventory management and avoid frustrating stock-out situations. Solution provides continuous monitoring and maintenance and is much more than just a stock count. Tackling all the administrative tasks involved with measuring incoming and outgoing stock as well as in-house stock, understands the demands of business and puts all your inventory information right at your fingertips.

Solution sync inventory with business and gives wholesale distributors an integrated solution to manage inventory faster, smarter and leaner throughout the lifecycle. The solution monitor inventory status in real time, warehousing and shipping costs, improve efficiency and customer satisfaction. With one click, it generates stock reports, complete audits and stock movement history and provides greater flexibility and control in each aspect of inventory management. The solution helps primarily with

• Demand-based Inventory: Solution reduce delays with real-time alerts when stock falls to predefined thresholds and dynamically manage reorder points and preferred stock levels. Solution maintains continuity and eliminates possibilities of stock-outs to avoid inconvenience in productions. It help managers to enhance efficiency of demand planning, logistics, and warehousing management.
• Landed Cost and Margin Management: Automatically calculate landed cost to maintain cost management and profitability and allocate expenses to inventory receipts according to weight, value and quantity. Compare revenue of landed cost and material cost to refine profitability forecasts. Flexibly assign different pricing based on customers, channels and locations and automatically generate correct currency, rate and pricing for foreign customers.
• Multiple Units of Measure: Solution flawlessly control multiple units of measure for buying, selling and costing. It manage unit measurement, improve invoicing accuracy, validate purchase orders by matching deliveries to vendor requirements across online portals, retail stores, and partner channels.
• Serial and Lot Number Tracking: Track end-to-end product history, from origin, present location and destination. Tweak cost and profitability management with serial or lot-specific costing and equip agents with serial number and lot data to enhance customer services. Deals with time sensitive items by assigning and tracking expiry dates.
• Support for Matrix Items: Solution manages various combinations, size or color of the same item in a single matrix and simplify pricing, inventory status, and description management of matrix items. Identify item combinations for customers and sales representatives and integrate matrix items into E-commerce website to simplify selection and purchasing.