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Maintenance of inventory and its on time purchase is very essential for any business unit. We have a solution just to cater to these needs as it is designed for the purpose of maintaining the stock details within an organization like details of items, their price, the stock position, supplier's details, their issue details and their receipt details etc. The system takes inputs in the form of material received and dispatched maintain the same in an organized database. This database is then queried upon to generate various useful reports. The inventory System is an independent application, which neither takes input from any other system nor provides input for any other system. It can however be integrated with other systems.

Main Objectives:

  To automate inventory management system.
  To establish a link between the inventory management and purchase procedure.
  Fast retrieval the information regarding the status of inventory.
  Streamlining the purchase procedure.

Features of the Application:

  Keeps track of the purchase made/ money spent on various items.
  Ensures Proper Stock Management.
  Prevents the stores from getting out of stock by setting re-order/ danger levels.
  Maintenance of Supplier details so that orders can be placed to the right person on time.

Reports:

  Supplier and Item Report.
  Items detail Report.
  Material Requested Details analysis of fast moving and slow moving items.
  Stock details on a particular date.
  Report for a particular period.
  Stock till date.

Benefits:

  Reduction in time required for the maintenance of inventory system.
  Just in time procurement of materials can be ensured which in turn would be helpful in minimizing the storage cost.
  Efficient purchase inventory system is helpful in continuous and timely supply of production inputs.
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