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Using Software to Improve Stock Control

KNOWING what you have, how much of it and where it’s kept are fundamentals of good stock control.

Traditionally this has meant hours of counting, listing and ticking off but thankfully, in these days of digitalisation, that need no longer be the case.

Using software to improve stock control can be cost effective, increase efficiency and prevent fraud and losses. It can also be used to assess assets and provide accurate financial reporting.

Stock control using real time data can also boost customer service. No longer do you need to keep customers hanging on while you check what’s on the shelf or cause disappointment and risk losing them altogether when you accept an order only to find you can’t fulfil it within the desired time scale.

With the right software, you should be able to track your inventory from the moment it is ordered through delivery, use or onward sale to when it leaves your business. It should also take into account movement across multiple locations or warehouses.

With a manufacturing background ourselves, Grotech Data Solutions (GDS) knows how difficult it can be to keep track of hundreds of constantly changing components and raw ingredients. It requires a computerised stock control system which keeps pace with the speed of production and works effectively in a manufacturing setting. GDS’s software solutions do just that by offering:

Real Time Stocktaking

Our manufacturing software keeps account of the exact amount of all your business’ finished goods and raw materials ensuring you have what you need when you need it to make what your customer needs when they need it! Our stock control software instantly updates when stock is used making it easier to manage inventory levels as well as business finances and cash flow. Streamlining processes boosts efficiency and keeping track of transactions helps identify those areas of your business that are performing well – and those that could do with improvement.

Flexible Order Screens

Our manufacturing control software gives you flexible order entry screens for both:

Sales order processing and dispatch with information including customer history, recent purchases, products yet to try, available stock levels and a margin calculation all available, easy to see and use on one screen at point of order. When an order is placed, our stock control software produces full FIFO (first in first out) picking reports with batch control and necessary delivery information and documentation.

Purchase order processing and goods received enabling items to be easily bought and delivered. Batch numbers are recorded to make tracing products and stock easier.

Stock Control Across Multiple Warehouses

Keeping track of stock stored in multiple locations can be tricky especially if using basic software like Sage 50 manufacturing for sales and invoices. GDS offers software solutions that work in tandem with existing systems providing total visibility of stock that is completely accurate and up to date wherever it is located. This is ideal for the smooth running of expanding businesses taking on new premises enabling them to ensure they have enough stock to complete orders both at their existing site and new.

Effective inventory management is at the heart of business success. GDS offer a range of innovative manufacturing software solutions that can be customised to the individual needs of your business to increase efficiency, productivity and boost profits. To find out more, or for a free web demo, get in touch here.