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Store Activities Outline

Inventory management software allows companies to track inventory levels, order quantities, and monitor stock movement. It contains features such as a material master list, stock reports, purchase cost tracking, preservation policies, excess and shortage tracking, supplier ratings, invoice management, lead time calculation, economic order quantity determination, safety stock levels, order limits, and generation of various inventory-related reports. The software facilitates procurement, inventory control, storage, reporting, and helps manage relationships with suppliers and customers.

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Abduletif Hebo
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51 views1 page

Store Activities Outline

Inventory management software allows companies to track inventory levels, order quantities, and monitor stock movement. It contains features such as a material master list, stock reports, purchase cost tracking, preservation policies, excess and shortage tracking, supplier ratings, invoice management, lead time calculation, economic order quantity determination, safety stock levels, order limits, and generation of various inventory-related reports. The software facilitates procurement, inventory control, storage, reporting, and helps manage relationships with suppliers and customers.

Uploaded by

Abduletif Hebo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Possible inventory management

software contents:

Raw Material Master List..


How To Create Material Master Code
Material Master Code
Stock Idle Report. (Raw Materials)
Monthly/Weekly/Daily Stock Movement.
How To Make New Material Entry
Instruction For Working On Store In /Out Format
Purchase Cost Variance -Calculation
Preservation Work Instruction-self Life To Materials
Policy of Dead Stock
Excess & Shortage Memo
Extra Material Issue Slip (EMI).
Supplier and users reaction plat form and rating
Invoice and returns
Lead time calculation
EOQ/Economic order quantity
Critical balance and safety stock
Max order quantity
Min order quantity
All sorts of reports related to the above points

Generally, it better includes but not limited to: procurement [order management]-invoicinginventory [inventory management]-storing [store management]-reporting [internal- external
supplier and customers relationship management]-etc.

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