Inventory Management

Efficiently manage your inventory with comprehensive tracking, monitoring, and control features.

Product Inventory Overview

Inventory Status Categories

• In Stock: Products with available inventory
• Low Stock: Items below the reorder threshold
• Out of Stock: Products with zero available inventory
• Reserved: Stock allocated to pending orders

Stock Level Indicators

• Current Stock: Available quantity on hand
• Reserved Stock: Allocated to orders
• Available Stock: Current minus reserved
• Reorder Point: Minimum stock threshold

Stock Movements

Transaction Types

• Stock In: Receiving new inventory
• Stock Out: Fulfilling orders or removals
• Transfers: Moving stock between warehouses
• Adjustments: Corrections for discrepancies

Movement Tracking

• Automatic logging of all inventory changes
• User attribution for manual adjustments
• Timestamp recording for audit trails
• Reason codes for stock changes

Warehouse Management

Multi-Warehouse Support

• Track inventory across multiple locations
• View consolidated or location-specific reports
• Transfer stock between warehouses
• Set location-specific reorder points

Warehouse Configuration

• Name and Description: Identify warehouse locations
• Address Information: Physical location details
• Contact Information: Warehouse manager details
• Status: Active/inactive warehouse settings

Inventory Adjustments

Manual Adjustments

• Correct inventory discrepancies
• Add/remove stock for various reasons
• Bulk adjustment capabilities
• Approval workflows for large adjustments

Adjustment Reasons

• Physical Count: Reconciling actual vs. system counts
• Damage: Recording damaged inventory
• Loss: Accounting for lost or stolen items
• Found: Adding discovered inventory
• Correction: Fixing data entry errors

Barcode Integration

Barcode Scanning

• Quick inventory updates via scanning
• Mobile-friendly barcode interface
• Support for multiple barcode formats
• Real-time inventory updates

Barcode Operations

• Receive Stock: Scan items during receiving
• Issue Stock: Scan items during fulfillment
• Count Stock: Physical inventory counting
• Transfer Stock: Track inter-warehouse moves

Inventory Reports

Standard Reports

• Stock Status Report: Current inventory levels
• Low Stock Report: Items requiring attention
• Movement Report: Transaction history
• Valuation Report: Inventory value analysis

Custom Reporting

• Filter by product, category, or warehouse
• Date range selection
• Export capabilities (PDF, Excel, CSV)
• Scheduled report generation

Alerts and Notifications

Automated Alerts

• Low Stock Warnings: When items reach reorder point
• Out of Stock Alerts: When inventory hits zero
• High Value Movements: For significant transactions
• Adjustment Approvals: For manual corrections

Alert Configuration

• Set custom thresholds per product
• Choose notification methods (email, dashboard)
• Configure recipient lists
• Set alert frequencies

Best Practices

Inventory Accuracy

• Conduct regular physical counts
• Investigate and resolve discrepancies promptly
• Use barcode scanning for accuracy
• Implement cycle counting procedures

Reorder Management

• Set appropriate reorder points
• Monitor lead times for suppliers
• Consider seasonal demand variations
• Maintain safety stock levels

Data Management

• Keep product information updated
• Regularly review and clean inventory data
• Archive historical movement data
• Backup inventory information regularly