Detailed Software Features:
Core Inventory Management
- Product Catalog:
- Create and manage a comprehensive product catalog.
- Assign unique product codes, descriptions, and specifications.
- Organize products into categories and subcategories.
- Stock Tracking:
- Monitor stock levels in real-time.
- Set up automated reordering points.
- Track product expiration dates and lot numbers.
- Purchase Order Management:
- Create and manage purchase orders.
- Track order status and delivery dates.
- Automate purchase order generation.
Inventory Valuation
- Multiple Valuation Methods:
- Choose from various valuation methods like FIFO, LIFO, and weighted average cost.
- Calculate accurate inventory values.
Reporting and Analytics
- Inventory Reports:
- Generate reports on stock levels, inventory turnover, and product performance.
- Analyze inventory trends and identify opportunities for optimization.
- Purchase Order Reports:
- Track purchase order history, vendor performance, and spending.
Integration Capabilities
- Integrate with accounting software:
- Seamlessly sync inventory data with your accounting system.
- Integrate with e-commerce platforms:
- Manage inventory levels and update product information in real-time.
Benefits of Jyotiba Inventory Management:
- Reduced Stockouts and Overstocks: Optimize inventory levels to avoid stockouts and minimize excess inventory.
- Improved Inventory Accuracy: Maintain accurate and up-to-date inventory records.
- Enhanced Purchasing Efficiency: Streamline purchase order processes and reduce costs.
- Better Decision Making: Gain valuable insights through detailed reports and analytics.
- Increased Profitability: Improve inventory turnover and reduce holding costs.
Take control of your inventory with Jyotiba Inventory Management.
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