Purchase And Inventory
Utilize our comprehensive Purchase and Inventory Management solution to streamline your inventory and procurement procedures. This function, which is intended for companies of all sizes, aids in maintaining smooth supplier relationships, cutting procurement expenses, and optimizing stock levels.
Major Advantages:Smart Procurement Planning: To guarantee prompt acquisition of products and services, automate purchase requests, supplier management, and order tracking.
Tracking Inventory in Real Time: Get real-time updates on stock movement, valuation, and levels across several locations.
Cost management involves keeping an eye on and managing purchasing budgets, negotiating better terms with vendors, and avoiding stockouts or overstocking.
Smooth Integration: For end-to-end supply chain management, it easily integrates with the finance, sales, and warehousing modules.
Custom Alerts: To help you take preventative action, receive notifications regarding low stock, postponed delivery, and expiration dates.
Regardless of whether you are a manufacturer, retailer,
Features of Pvsoft Inventory Management Software to Scale Up Your Business
Stock Forecasting
In the end, stock forecasting will greatly assist any organization in efficiently planning their purchase and production to be the most profitable. It does this by determining the need for the stock required for your SKUs in a way that does not hold your valuable money in your stock as well as your regular operations like production and dispatch.
Automated Reordering
Even with successful forecasting, if you haven't put your ordering process on autopilot and are still depending on your staff to take action, you might experience stock shortages at critical times. This could impede your production or dispatch, which could result in the loss of a client or order.
Multi-Step Inventory Routes
Multiple inventory activities and inventory routes can be created in the Pvsoft inventory management software. You may save time and give your users a clear, error-free understanding of each inventory flow by using it to automatically build one activity based on the completion of any other processes. This will facilitate the seamless movement of your inventory among your company's various locations or warehouses.
Barcode Ready
Because PVSoft software supports barcodes, it will print all of your picking activities along with the source and destination locations for improved readability. It will speed up processes, decrease the error ratio, and save a lot of time for the store staff to pick up the merchandise, all of which will improve employee performance.
Track Pending & Late Deliveries
The PvSoft ERP software will automatically generate the pending delivery against every sales order as soon as the salesperson confirms it. When a salesperson approves a sales order, the Pvsoft ERP software automatically creates a pending delivery against that sales order with the salesperson-specified delivery date. It will prevent misunderstandings and decrease communication between the shop and sales departments. Additionally, it will mark them as late and highlight them in red if the delivery is not made by the specified date. This will allow you to track and complete them right away, increasing the client satisfaction ratio, which will be a major factor in your success.
Vendor Management
Enable clients to effortlessly onboard and manage vendors for seamless product procurement.
Product Cost Analysis
Any inventory manager must be able to track and calculate the exact landing cost. With Teknovate ERP Software, you can easily track the landing cost of every product you've bought, including the purchase price and all other costs you've incurred, such as transportation and unloading. It will assist you in determining your precise inventory valuation, production costs, and profit margin on each sale so you can monitor your company's profitability in real time.
Dynamic Inventory Analysis Dashboard:
You may get extremely thorough information on your inventory movements, live stock, forecasted stock, inventory valuation, average purchase cost of each product, and more with Pvsoft Inventory Management Software's live and dynamic reporting feature. This will make it easier for you to make the appropriate choice at the right moment to boost your profitability.