Stock Management System
Everyone knows stock out means money in, but without a clear view of your goods from initial receipt to ship date, your company’s largest asset could be losing you money.
The key to an efficient and profitable business is total visibility into the stock process from start to finish, along with management tools to help you maintain optimal stock levels year-round. An effective stock management system helps you streamline all the moving parts of your warehouse—from recommending optimal stock levels all the way to keeping your supply chain organized and running smoothly.
Get the stock management and discover how an stock management system can help you increase profitability and reduce waste.
Suitable for
Pharmacy Management
In-House Store Management
Inventory Control Store
Supply Chain Management
Warehousing Application
ERP
How inefficient stock management puts you at a disadvantage
Stock is usually one of the largest assets a company owns, which is why stock mismanagement is one of the top reasons small businesses fail.
Inefficient asset stock management can decrease your profitability in several ways:
- Too much stock. Having more stock on hand than you need can cost you. You pay for more warehouse space, which is expensive, and perishable items can spoil before you’re able to sell them.
- Longer lead time. Staying ahead of the curve on retail trends helps you capitalize on the popular items customers want at the moment. If you’re slow to adapt to the changing market, however, customers will look elsewhere and you’ll surrender market share.
- Too little stock. Customers will order from somewhere else if you don’t have what they want in stock. At the very least, stock outs will cost you sales. If they happen often, you’ll lose customers.
Offline/Web Based Inventory Management Software & System
Hosted/Cloud Based/Installed/Mobile App
Modules
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Masters SKU/Barcoding/QR Code/ID Printing
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Procurement Stock Receipts
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Stock Issue
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Stock Transfers
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Inventory Accounting