Managing your inventory should be an integral part of your business. At Sinfosys Technology, we ensure that this important aspect is carefully handled taken into account. Our inventory module comes seamlessly integrated with our Sinfosys Accounting and POS modules, and a one-time data entry is all the user needs to do for information to be shared across different modules. Inventory control will be done with greater ease and accuracy, as the inventory level will be automatically updated during purchasing and invoicing.
The main functionalities of the inventory module include stock information, stock details customization and reports.
Stock Information
The system provides an efficient way to store existing and new product information. A wide range of item categorization can be incorporated based on customer requirements. The number of subcategories or levels of inventory are also expandable according to the needs of the running system. Some of the information included in this functionality is:
- Unique product code
- Quantities in various branches / Total stock at hand
- Detailed product description
- Product categorization
- Various pricing levels provided
- Minimum / Reorder level fixed for each product
Stock Details Customization
This functionality allows users to add, update or remove products, depending on the user’s access. It also includes different pricing levels for products, and allows modifications of other necessary product information. Upgrading of existing stock details to include more fields is also possible. Other useful features like stock adjustments are also available.
Reports
Reports are used to provide a consolidated listing of the entire inventory process. Some of the inventory reports that can be customized and generated include:
- Stock List – stock details, vendors, cost, pricing, reorder/minimum levels
- Activity/Transaction Report – fast/slow moving products/categories, daily/ weekly/ monthly transactions
- Price List – listing of different prices of products
- Stock Alert – list of items that has reached reorder levels