“Inventory Management System” for Business for Corporate Office, Commercial and Manufacturing or service industry
Our company “Opus Technology Limited” provides a “Inventory Management System” software.
The term inventory control is used to cover functions which are quite different and are related to one another only in that they both require the maintenance of adequate records of inventory as well as receipt and issue corresponding to these two functions. It is interpreted as accounting control and operating control. Accounting control of inventories is concerned with the proper recording of the receipt and consumption of the material as well as the flow of goods through the plant into finished stock and eventually to customers. It is also concerned with the safeguarding of the undertaking’s property in the form of raw materials, work-in-progress and semi-finished product. Operating control of inventories is concerned with maintaining inventories with the optimum level keeping in view the operational require¬ments and financial resources of the enterprise.
Features of our Inventory Management System
This module provides centralization of your most basic and necessary warehouse functions. With it, you’re able to see complete inventory details like stock levels, product history and other product specifications. This data syncs to all other parts of your system, so all your functions can run using the same information.
Tracking your inventory is important at every stage. Many systems allow you to track your inventory by serial numbers, RFID tags, barcodes and other IDs. These tools make it easy to quickly process inventory data when it first makes its way into your warehouse. They also provide an audit of all inventory movement.
Enterprise businesses that manage multiple sites have the advantage of moving their product to where it’s most valuable. Bundling or kitting your products can be attractive to customers, especially during certain times of the year. In order to do this most effectively, you’ll want a system equipped with transfer management.
Purchasing is an incredibly important feature to any warehouse that heavily relies on vendor goods to produce their own. This feature mainly works to help users create and manage purchase orders (POs). Many systems include templates that automatically populate with existing data from other parts of the system. Users may also find it helpful to email suppliers directly from their inventory control system, which reduces the amount of time spent switching screens.
Most vendors offer an inventory management system that can help you manage your sales orders. These tools allow users to customize pricing, send quotes, track orders and manage returns. Some advanced systems sync orders with inventory levels, mark items for shipment, support multichannel sales and make auto-adjustments to maintain profitability. Order management is an essential feature to increasing and maintaining customer satisfaction.
Reporting and Analytics
Analytics and reporting are excellent tools to have on hand as you plan to grow your business. Analytics tools evaluate patterns in your processes to forecast future demand and sales. Predicting demand is a way to reduce safety stock and carrying costs. Keeping inventory around simply for safety’s sake is no longer necessary when you have great insights into how much you’ll actually need.
Brands we work with
Opus will provide "Inventory Management System" solutions for companies in all scales that acquire our solutions for their organization. We can install the tailor made ERP management system for individual organizations or Group of companies for taking into consideration for various factors related to that specific organization. Opus is proud to be partners with some of the largest and prestigious vendors in the field of security and business management systems that create unique quality products trusted by client’s worldwide .Our counterfeit proof solutions help in creating a smooth ERP Management Solutions that works efficiently and effectively in all conditions and markets around the world.