Inventory Module in Enterprise Resource Planning Software

 

 

Store Module Feature

  • Material Issues
  • Material Consumption
  • Stock Transfers, Adjustments
  • Finished Goods Creation
  • Scrap Generation
  • Pick List/Packing Slips
  • Report
  • Item, Party, Periodic Ledgers

Store Module Feature

Inventory Feature

  • Location,Item wise stock
  • Stock valuation on FIFO,Master rate,Weighted average rate
  • Store,Item,date wise ledgers
  • Non moving,Slow moving products
  • Reorder level alerts

Inventory Feature

Inventory module can be used to track the stock of items. Items can be identified by unique serial numbers. Using that unique numbers inventory system can keep track of item and trace its current location in organization.

e.g. you have purchased 100 hard disk , so using inventory system you can track how many hard disks are installed , where they are installed, how many hard disks are remaining etc.

Inventory module includes functionalities like inventory control, master units , stock utilization reporting etc.

There may be integration of inventory module with purchase module of ERP.