Managing the stores and inventory, approval of workflow for purchases is vital for the effective business control of any organization. It helps in cost control as well as enables availability of required materials in time.
iBusiness Suite ERP is powered with an efficient Inventory and Stores Management Module with multi-location store support. Most important features of iBusinesss Suite ERP is it supports workflow from material requisitions till the issue.
Vendor Management, Stock Management, Economic Order quantity based on parameters like the cost of purchase/lead time etc are unique features of iBusiness Suite. Inter-department stock transfer can be handled powerfully. Inventory management that works as a centralized Core application that supports multi-location of premises which may be distributed across various geographical regions.
Being a centralized application it gives complete control over the branch operations. Easy stock transfers, authorization, and accountability of stock. Successful inventory management involves in creating a procurement forward planning that will ensure that items are available when they are needed.