Inventory Management Software
Manage Your Stock Online
Effective & Easy Solution.
Bills Of Material(BOM) is the list of all the components & assemblies of a product. BOM contains the information about the final product along the spare part it has used. It includes, spare parts name, its serial number, its brief description & Units Of Measurement. Online inventory management software offer facility to have bills of material ready automatically once the order has been logged in the system.
- Centralize all information
- Track of Finished Goods
- Tracks updates
- Reference Model for Products
- Contains Crucial Data
- Further References
Goods Receipt Note is a record of goods from the customer that he has received from the vendor. Goods Receipt Note or GRN is a note or receipt used by the customer to check or validate the delivered goods .It is a verification note filled up by the customer at his end. You can print GRN by a click as soon as you proceed the order in online inventory management system.
- Real time Inventory updates
- Proof of delivery
- Integrity & consistency
- Complete details of products
- Inventory process on track
- Information source for financial department.
Item issue entitles the details like which item is issued, for which department, to which person and its designation, and for what purpose. Whereas , an item receipt is issued when any item is brought back to the warehouse, it entitles similar information like the date it was issued, to the person and department it was issued and the date it was received back. You can’t process order or refund without issue and receipt notes in online inventory management software, thus reducing the chance of error in stock management.
- Reduce the chances of forgery
- Streamlines the process
- Time management Avoid mis-management
- Smooth acknowledgement from both parties
- User friendly interface
Finished goods are an essential component of inventory. Finished Goods indicates the final product manufactured. Final product is the one that is manufactured by the production department and is set ready for delivery to the next dealer or distributor or directly to end consumer. Inventory management software has facility to enter finish product details to manage production.
- Information about products
- Synchronization of all information
- Ease in scheduling & upgradation
- Stock level check
- Close eye on every details
- Manage inventory process
Raw material in inventory management is the material needed by the warehouse to produce the furnished goods. Effective and efficient maintenance of raw material is one of the most crucial task for any inventory management system. Raw material, are the indispensable component of the production cycle. Quality of raw materials determine the quality of the final output.
- Raw material monitoring
- On-time delivery
- Reduce wastage
- Helps in capital release
- Improves collaboration
- Conflict Management
Delivery Challan or ,as is called, a Delivery Note is a crucial document involved in the inventory management. Delivery Challan is a complete list of products that are being delivered by the vendor, that are ready to be delivered to the customer. Delivery Challan is signed by the receiver and is sent back again to the vendor along with the Purchase Bill.
- Track product delivery
- Proof of delivery
- List of items delivered
- Reliable and authenticated
- Portray of complete process
Inventory control software can significantly boost your business and optimise your profitability. Inventory planning and tracking is enhanced even more when integrated with the purchase management software module that helps to provide further analysis of inventory performance. Inventory management software offers comprehensive reporting capabilities to keep you on top of real time inventory status. It is helpful in planning new or improved purchase policies, sales policies, pricing methods and also effective and enhanced customer service. By leveraging our cloud based online inventory management software system, you get the tools to create an inventory system with the goal to meet your business needs for future. For inventory management software free demo contact us.
SalesBabu Inventory Management Software-On-Demand solution provides the level of control by offering high-end features normally reserved for large companies, including light manufacturing capabilities, serial number tracking, and multi-warehouse support. Setup various vendors and multiple product line with details. Maintain reorder levels and minimise order quantities. Generate GRN reports, quality Analysis, Sales and Purchase Returns Reports. Many happy and well organised business houses rely on our Inventory Control Software that helps them to track certain adequate inventory levels to satisfy their customer demand. Many of our customer have rated our software as the best online inventory management software based on they experience.
Benefits of SalesBabu Inventory Management Software
- Tracking at segregate Stock Levels such as BOM,FG,Semi FG
- Allow to do Product Level Bifurcation
- Maintain all the GRN’s (Good Receipt Note) on single screen
- Facilitates Returnable GRN’s
- Facilitates Returnable DC’s
- Facilitates Product Sampling
- Track entire Sales Returns by Customer END
- Facilitates Vendor’s Mapping with multiple products
- Get real time Inventory Status & MIS
- Facilitates Integrity & Consistency on entire inventory process loop
- Centralized & Synchronize entire information @ single Screen
- Facilitates Purchase Returns
- Reduce the chance of forgery
- Avoid Stock Mismanagement
- Facilitates inventory Evaluation on single computer screen
- Facilitates Material wastage or Material Scrap tracking
- Facilitates Material Movement Tracking
- Enable to check Internal Inventory levels
Moreover, SalesBabu Online Inventory Management Software System helps companies to streamline & synchronize entire stock levels and Inventory work force at single screen. Our inventory control software facilitates company with such a robust Inventory Management Software. Therefore, they can handle entire inventory tasks in lucrative manner and can keep track all the material movement (In & out),manage Bill of Materials, allow to do Material GRN and can manage all the Delivery challan on one platform.
Features Of SalesBabu Inventory Management Software
Basic Inventory Control –
This is one of the most crucial and tops in the features list. It gives a systematic process to honestly manage and control your inventory across all of your sales channels. Generally a new businesses work with spreadsheet where formulas can break and a manual effort is needed to keep track of inventory. This is considered to be the first level of business automation. As this is growing and need a better and more efficient way to grow and manage their business. This will help them to position themselves for future growth and optimise their profit.
Centralized storage –
It becomes more difficult to manage and govern orders and direct products to the right customers if you have more stock locations. You can track the availability of all products and services and maintain customers and promptly informed on the status of their orders with an adequate and appropriate inventory management software tool in place.
Efficient stock operations –
Good and smart inventory control management is the base pillar of any healthy retail business. It saves both the time and effort required to manage stock manually. With a collaborative management system in place, your employees does not require to write daily reports and run back-and-forth through them to give customers an answer, but rather have data ready and regularly updated on their devices.
Enhanced sales productivity –
Many business houses have reported significant and tremendous improvement in their closed deal rates after implementing their first SalesBabu Inventory Management Software Solution. This has become possible due to accurate inventory control software that prevents from losing customers and minimizes common mistakes made by human such as reporting products out of stock and forwarding clients to various stores.
In-Time Delivery –
One of the core advantage of implementing our easy inventory management software is, it helps to blow delivery deadlines and prevent customers from waiting time for their product to arrive. Advanced programs will also involve them in the process giving them a realistic outlook of the status of their order and allow them to track the product’s movement from purchase to arrival.
Adjusted order frequency –
As the distributors considering the stock shortages to be the worst possible scenarios we would ascribe that attribute to overstocks to avoid this situation. Leaving products to waste or paying for their storage and maintenance is the area where business houses lose the most of their fund, and that is why inventory control software is so useful for our company. With the help of this software you track the actual stock supplies and companies can re-order from vendors at the correct time or adjust the inventory order frequency in a more suitable and effective manner.
No more hidden costs –
Another competitive and crucial edge of quality inventory software systems is that they adjust quickly and easily to sudden increase in your sales and you get to twist them in line with sudden increase and drops. For the purpose, you won’t have to pay extra storage fees, while in the best possible scenario you will also get a product that prepares, packs, and ships products for you.
Satisfied customers –
With accurate responses and personalised service at any moment, your customers will be more happy and satisfied than ever. They will have faith and trust you more. And They can track the status of shipped products without facing the risk of a late notice that the product they expect is no longer available.
Accurate planning and forecasting –
Our basic inventory management software help you forecast and plan in advance and become more proactive as they track the status of your products, manage negative trends and opportunities, and retrieve crucial historical data to predict the progress of your sales. Indeed, inventory software are mostly packed with analytic features that free your precious time, and still pull off all important indicators that measure productivity of your business.
Centralise All Information –
Cloud (On line) based Bill Of Material (BOM) centralises the information flow that makes the task easy and thus prompts inventory level in reduced cost. It gives clear visibility of all the required information related to inventory.
Demand Forecasting –
Demand forecasting is fundamental key to planning what and when to order so you allocate resources wisely. With the proper and efficient tools in place, you can get idea and lean more than just which products are selling and which channels are performing well. Having the skill to drill down into the aspects of your sales, like size, color, and material, provides you crucial and essential information thats helps to keep accurate levels of inventory. And this helps us to make better and effective decisions for inventory like what and how much to buy.