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Inventory Management

Inventory Management

Datasoft ERP sophisticated inventory module enables you to make better decisions on when, what and from whom you need to order or sell your inventory..

Datasoft ERP Inventory Module facilitates processes for trading operations, yard operations and warehouses. Some of the activities of inventory control involves in identifying inventory requirements, managing costs as well as determining landed costs. Furthermore, the ability of monitoring demand versus supply constraints and placement, reconciling the inventory balances, and managing quality control through returns or claims. The complete integration of Inventory Module with Sales, Purchase and Finance modules allows Datasoft ERP to provide complete visibility and real-time control.

  • Lot & serial control
  • Inventory Hedging
  • Multiple units of measure (UOM) for each item
  • Item costing or group costing
  • Stock receipts handling
  • Stock issue handling
  • Transaction UOM different from stock UOM
  • Unrestricted stock transfers across warehouses/yards/inventory organizations
  • Different costing valuation methods supported
    • FIFO, LIFO
    • Weighted average
    • Back-to-Back (from trading organizations)
    • Landed Rate of Items
  • Inventory revaluation
  • Stock adjustment for physical inventory discrepancies
  • Flexibility to view the stock status (on-hand, available, reserved, ordered, etc.)
  • Linking of Goods Received Notice ("GRN") to Purchase Orders and Supplier Invoice
  • Linking Lots to Packing Lists, Sales Contracts and Sales Invoices
  • Multiple warehouses/yards/inventory organizations
  • Alternate recipes for Production Planning
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