Inventory Management

Maintaining inventory is like running on a tightrope. Not having enough inventory means you run the risk of losing sales and delaying production, while having excess inventory shoots up your storage cost. Hence, having an efficient inventory control system is so important. Our inventory management control system will help you avoid stock-outs and over-stock hazards.

Inventory Analytics

Inventory analytics will provide you enough information to ensure that the right inventory is available to meet the needs of targeted production. WorksLogic comes with few critical features that give you complete inventory insight

  • Current inventory status that can be filtered based on various parameters
  • Stock Ledger
  • Stock Movement
  • Dead Inventory Tracking
  • Cost of Inventory Tracking

Inward Material & Outward Material

WorksLogic helps you manage and track both inward and outward material so that your inventory is always updated and you get required inventory information in a single click. Some features are

  • Auto stock updation via GRN
  • Easy conversion between PO Unit of Measure (UOM) and Store UOM
  • Real time updation of consumed inventory via issue notes
  • Project wise and Section wise consumption tracking
  • Record Manual Audit / Reconciliation of Inventory through count sheet

Quality Management

Quality of your inventory is critical in deciding the quality of final goods produced. WorksLogic provides you with necessary features that helps you track quality of inward raw material.

  • Create control plans of critical raw materials
  • Inward inventory quality report
  • Seamless integration of quality management with sales and purchase

Outsourced Inventory Management

A number of companies work with various subcontractors or outsourced partners to meet their customers ever growing demands. Along with your own inventory, you should be able to track the status of expected inventory from your subcontractors. WorksLogic provide you essential features that helps you track expected vs. actual inventory received from your subcontractors

  • Track outsourced stock at various subcontractors
  • Sub-contractor item transfer management.
  • Automatic update of finished goods inventory/ In Process Inventory via part GRN

Warehousing

WorksLogic assists your Warehouse Manager to perfectly execute supply chain activities. You can also track inventory at multiple warehouses and provide necessary data to required departments in order to take procurement decisions.

  • Track stock at multiple warehouses
  • Transfer of inventory between different warehouses
  • Track inventory at multiple warehouses in purchase decision making
  • Auto Updation of Inventory via Goods Received Note (GRN)

Production Inventory Management

In any production environment it is critical to know the exact inventory status of work in process and finished goods. It gets even more critical when processes are interdependent. WorksLogic provides you insight into your work in process as well as finished good inventory through various features for an informed decision-making process.

  • Semi-finished goods inventory updation
  • Finished goods inventory updation
  • Dispatch notes
  • Assembly and sub assembly inventory