Inventory Management Software
Achieve Seamless Inventory Management and Prevent Stockouts with Real-Time Tracking.
Handling accurate inventory levels for process manufacturers in the United Kingdom (UK) becomes easier with the help of BatchMaster ERP’s Inventory module. This inventory management software helps you manage and report your inventory, both as raw materials, intermediates, and finished goods.
It lets you seamlessly integrate with other BatchMaster modules while managing core inventory activities, like multiple warehouse management, bin tracking, item classifications, costing methods, inter-location moves and transfers, real-time updates of inventory costs and quantities, cycle and physical counts, etc.
BatchMaster ERP’s Inventory module is the best inventory management software for manufacturing, as it provides clear visibility of inventory costs when adding ingredients and materials to formulas and assembly lines. It facilitates inventory movement from one location to another or between plants, allowing you to record the actual batch job yields, along with QC statuses per produced lot.
This way, it gives 360-degree visibility into inventory movements and inventory levels, depending on different inventory attributes, such as a view of weight/volume and quantity in multiple units of measurement simultaneously.
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Features That Bring About a Paradigm Shift in the Way UK Process Manufacturers Work
This inventory control software offers the following features:
- Advanced lot tracking
- Definitions of materials in terms of accounting codes, lot traceability regulations, density and specific gravity, and valuation methods
- Multiple locations and warehouses
- Various classifications like ABC, Product type, Item type, Subtypes
- User-defined QC status allocation
- Warehouse transfers, bin transfers, and inter-location moves
- Simultaneous dual units of measure
- Physical Properties Management: Raw material specifications and finished goods properties, with the option to import physical property values from databases, and industry-specific property-adjustment calculations available
- Adjust and convert weights, volumes, and units of measure
- Expiry Date Management (i.e., FIFO, LIFO, and FEFO)
- Inventory lot reservation
- Periodic inventory checks
With BatchMaster’s Inventory Management Module, You Can
- Get real-time visibility of on-hand inventory, including raw materials, intermediates, finished goods, co-products, and by-products.
- Gain better control over your inventory.
- Ensure compliance with industry and corporate regulations.
- Optimise inventory levels to minimize waste.
- Reduce carrying costs and boost inventory turnover.
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