SCM – Inventory

Inventory management, structured than ever

Inventory management is a critical part in any industry, be it manufacturing or trading. The smart management of your inventory is the key to growth of your business and customers. In order to make timely deliveries to your customers, you always need to know what you have in the stock & what not and what is the value of the stock, where the stock is going. With PRISM, you can keep close eyes on all these to manage your inventory efficiently and smartly.

Detailed stock records

You can manage the flow of goods from manufacturing unit or manufacturers to multiple warehouses.
PRISM’s inventory solution keeps a detailed record of every new product entering or leaving warehouse.

Automated stock updating

PRISM offers automatic update of stock once your goods receipt is captured in the system.
If any item is issued towards production, it will automatically be reflected in the reduction from the available stocks.

Track inwards & outwards

PRISM allows you to track all your inwards & outwards invoices in simple way.
Delivering quality products to your customers is also an important task for your team.
PRISM enables you to perform a quality check at the time of delivery thru its customized checklist feature.

Handling wastages & material issues

Manufacturing organizations have often to deal with wastage materials generated during production process. Such stock needs to be maintained carefully.
PRISM lets you keep the track of waste stock to take further action on such stock.
PRISM also enables you to handle material issues and return among your employees within the organization.

ABC-FMS Analysis

For any organization, it is important to know that, which product is contributing more in revenue generation and which product is fast moving.
PRISM’s inventory solution offers you comprehensive ABC & FMS reports with the help of which you can analyze your product’s performance.

Reports

When it comes to inventory management, it is very tough to track each item coming into or going out from your warehouse.
You also need to know, which of the items received are of good/bad quality. You would also wish to know which item has been delivered to which customer.
Also, it is very important to keep track you your stock to maintain a minimum level of supply, so that your production will not be impacted.
In addition to this, you need to know, what is your stock valuation, which product is generating high revenue, which product is fast moving.
You can analyze all of these things with reports available in PRISM.

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