Stock Control

Managing stock effectively is important for any business. Stock control involves careful planning to ensure that the business always has sufficient levels available.

This module deals with all aspects of stock control including stock transactions, Bill Of Material (BOM) in a tree view, purchase history, sales history and potential suppliers.

Stock Control Screenshot

Features

Group stock items by location or type
Effective use of barcode technology for accurate stock recording
Stock evaluation by First In First Out (FIFO), Last In First Out (LIFO), average or current cost
Low stock alerts
Stock variance reporting
Stock movement reporting
Links to electronic drawings and photos if applicable

Benefits

Accurate stock reporting leads to accurate gross margin reporting
Greater buying efficiency
Improve cash flow by reducing unwanted stock
Reduce stock levels by maintaining up to date stock information
Identify slow and fast turnover items and price them accordingly