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Introduction to Inventory Management
Introduction to Inventory Management

Introduction to Inventory Management in ProdSys

Updated over 3 months ago

Introduction to Inventory Management in ProdSys

ProdSys offers a comprehensive Inventory Management system designed to streamline and optimize the management of goods within your organization. The system incorporates various modules that allow you to efficiently track storage levels, manage stock movement, connect with suppliers, and ensure proper stock replenishment. ProdSys is designed to automate several processes based on orders, ensuring accurate and timely stock movements in line with your operational needs.

Key Features of ProdSys Inventory Management

Storage Levels ProdSys enables real-time tracking of stock levels across multiple storage locations. You can monitor current quantities, manage stock across various locations, and ensure that you have sufficient inventory to meet demand.

Freight Management The system includes features for managing freight and logistics, ensuring that inventory is moved efficiently between suppliers, warehouses, and customers. Freight details can be linked directly to inventory and orders for seamless integration.

Stocktake ProdSys provides tools for conducting regular stocktakes, ensuring that actual stock levels match system records. This helps maintain accurate inventory records and minimizes discrepancies.

Multi-Warehouse Support Manage inventory across multiple warehouses with ease. ProdSys allows you to track stock in different locations and transfer items between warehouses as needed.

Supplier Connection The system includes integration with suppliers, allowing you to automate the replenishment process. You can manage supplier connections, place purchase orders, and ensure timely delivery of goods.

Min/Max Levels, Purchase Min Quantity, and Quantity Formulas Set minimum and maximum stock levels for each item to prevent overstocking or stockouts. ProdSys also supports purchase minimum quantities and advanced quantity formulas to automate stock replenishment.

Connection to Standard Location in Warehouses Define standard storage locations within your warehouses, ensuring that inventory is always stored and retrieved from the correct place. This helps improve picking efficiency and reduces errors.

Picklist for Orders The system generates automated picklists for orders, ensuring that warehouse staff can quickly locate and pick the necessary items. This improves the accuracy and speed of order fulfillment.

Automatic Stock Movement Based on Orders One of the standout features of ProdSys is the ability to automate stock movements based on order dates. As orders are placed, the system will automatically allocate and move stock accordingly, optimizing your inventory flow and ensuring timely delivery to customers.

Conclusion

ProdSys' Inventory Management module provides a robust set of tools to effectively manage your inventory, whether it's tracking stock levels, managing multi-warehouse operations, or automating supplier connections. With advanced features like automated stock movements, picklists, and real-time updates, ProdSys helps streamline your inventory processes and keep your operations running smoothly.

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