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An ERP (Enterprise Resource Planning) solution for inventory management typically includes modules that allow companies to track inventory levels, manage stock replenishment, and generate reports on inventory performance. These modules are integrated into the overall ERP system to provide a comprehensive view of all business operations and data.
Inventory management modules in an ERP system typically include the following features:
Real-time inventory tracking: Allows companies to view current inventory levels and track inventory movements across different locations.
Stock replenishment: Automates the process of reordering items when inventory levels reach a predetermined minimum level.
Inventory forecasting: Helps companies to forecast future demand and plan production schedules accordingly.
Barcode scanning: Allows for easy tracking of inventory movements by scanning barcodes on items.
Cycle counting: Enables regular counting of inventory to ensure accuracy and identify discrepancies.
Serial/lot number tracking: Allows companies to track specific items using serial or lot numbers.
Multi-warehouse management: Allows companies to manage inventory across multiple warehouse locations.
Multi-unit of measure support: Allows companies to track inventory in multiple units of measure (e.g. pieces, cases, pallets).
Reporting and analytics: Provides detailed reporting and analytics on inventory performance, such as inventory turnover, stock aging, slow-moving items, and more.
Overall, an ERP solution for inventory management helps companies to improve inventory accuracy, reduce stockouts, optimize stock levels, and improve decision-making related to purchasing and production.
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Begin your ERP journey with low cost
Set of must-have standard features
Lots of features & customization
The basic package for inventory is designed for companies that want to start with inventory ERP and is not sure about the set of features wanted. The low-cost package can demonstrates capabilities of inventory ERP and how it can help your organization.
15 days free trial
Professional package is designed for the inventory companies that are ready for ERP implementation but doesn't have a clear road map for complete implementation. The package helps company build their road map and add more modules and customization in future.
15 days free trial
Custom package is designed for inventory companies that want to implement ERP with a clear road map. Our ERP consultants helps you build ERP specifications and develop and implement the solution accordingly. The custom ERP is fully customizable and can be adjusted according to organizational needs.
15 days free trial
Powered by odoo Begin your ERP journey with low cost
Set of must-have standard features
Lots of features & customization
Want to have a guided demo about the product?
Please feel free to reach us and one of our representative will contact you soon.