![]() Benefits of inventory management software Monitor batch-wise or lot-wise inventory along with manufacturing and expiry details. ![]() Get detailed information about inventory transfers between storage locations or warehouses. Keep track of placed, pending, and completed orders. Gain insights into the profitability of each inventory item. Identify stock shortfalls and items that need replenishment. Track and analyze stock movement within a specified timeframe.Ĭlassify stock into different aging intervals to track its age. Monitor inventory availability across different storage locations. View detailed information about closing stock and consumption details. Essential inventory reports for small businesses in TallyPrime Secure access to business dataĮnjoy secure access to your business data from any location and at any time using a web browser on any device. Track job/project-wise costingĪchieve comprehensive cost and revenue tracking for specific orders involving manufacturing jobs aligned with customer requirements and specifications. This capability is particularly valuable in scenarios such as outsourcing, consignment sales, and similar business situations. Manage stock from/far third partyĮffectively manage and track inventories associated with third-party transactions, and keeping them separate from your regular stock. Record, track and manage material issuance, receipts, and consumption in the process of outsourcing and insourcing manufacturing activity. Accurate inventory reportsĪccess precise and actionable inventory reports, including stock ageing, movement analysis, and re-order levels, to effectively manage optimal stock levels at all times. Streamline your manufacturing process and ensure accurate production of finished goods. Define multiple bills of materialsĮasily create multiple Bills of Material (BoM) specifying components, raw materials, assemblies, co-products, by-products, and scrap with their respective quantities. Can I handle it? TallyPrime being a flexible inventory management software allows you to handle exceptions that you may come across while handling inventories. You have placed an order for 50 kgs of a product, and the delivery comes for 50.5 Kgs. Personalize your invoices with your company logo, adjust invoice details with a wide range of configuration options, and seamlessly track accounts receivables. Generate professional invoices effortlessly and customize them according to your business needs in seconds. What’s more? The powerful inventory reports such as batch summary, batch-wise ageing, etc. along with manufacturing and expiry date management. You can store and track inventories by lots, batches etc. Easily incorporate additional costs incurred during the manufacturing process for accurate financial tracking. Record manufacturing cycleĬapture the entire manufacturing cycle, from raw material receipt to finished goods dispatch, including details of by-products, co-products, and scrap. Create multiple warehouses to store different items across various locations such as production floors and showrooms. Manage and track inventory in real-time, utilizing various parameters like warehouse, racks, lots, bins, and more. Warehouse and location management solution You can set different stock valuation methods for each item that suits you and also view a comparative inventories report with different stock valuation methods. You can easily value your closing stock with diverse methods such as FIFO, LIFO, average costing, and standard costing. Thus save time and effort by eliminating the need for manual consolidation of information. This being a flexible inventory management software, you can organize the stock the way you want easily.Īchieve seamless synchronization between invoicing, accounts, and inventory through automated updates based on recorded invoices. by creating unlimited stock groups and stock categories. Organize your stock by product type, brand, color, size, etc. Key Features of TallyPrime as an inventory management software Simplified stock management ![]() Thus, ensuring uninterrupted production and supply, high customer satisfaction, reduced inventory handling cost and so on. Inventory management software is also known as stock management software plays a vital role in managing the right level inventories at the right time, without worries of over or understocking. ![]() By integrating several functions associated with inventories, inventory management software helps you to organize, record and track inventories. Inventory management software is stock management software that helps you to track, control and manage inventories efficiently.
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