Inventory refers to the stock of goods or materials held by a business for production, sale, or consumption. It includes raw materials, work-in-progress, and finished goods. Efficient inventory management involves balancing supply and demand to minimize costs, prevent stockouts, and optimize resource utilization throughout the supply chain.
Automate replenishment processes based on predefined triggers such as stock levels or reorder points, streamlining inventory management and reducing manual intervention.
Generate reports and analytics on inventory performance, turnover rates, and stock movements to identify trends, optimize stocking levels, and improve overall efficiency.
Bringing Industry Specific ERP Solutions & No Compromise
Sanchay Suite is now simple and affordable ERP Software with our cloud hosting options; there’s no need for any IT infrastructure or resources.