GeoSOFT Inventory Management

With the growth of the organization, the items of inventory also grow and come in a state where it becomes very hard to maintain the items of inventory and their movements. Our Inventory management software helps create invoices, requisitions, requisition approval, stock movement and perform stock level validation. Geosoft Inventory system configured to your warehouse, retail or product line will help to create revenue for your company. The Inventory Management will control operating costs and provide information of the stock status.

GeoSOFT Inventory Management System will enable the user to maintain the total inventory efficiently. By automating this Inventory Management System user will be able to store all necessary information regarding the materials of inventory. User can either issue or receive materials by this system. The system also generates instant reports for various aspects and thus the way maintains paperless procedures and saves time.

Key Benefits

  • User defined Inventory workflow management
  • Hierarchy based requisition approval
  • Central or Sub Store Setup
  • Activity Based Cost Analysis
  • Pre-Assumption of required requisition
  • Stock Movement Analysis
  • Multi Method Inventory Control
  • Multi Location / store control
  • Orchestrate business process that reduces redundancies and dependencies
  • Reduced administrative workloads and duplication of effort
  • Improved, fully secure sharing of inventory data across the enterprise
  • Increased employee satisfaction and loyalty
  • Reduce operational and overhead cost by 20%-40%
  • Strong monitoring and decision support system that is accessible from online
  • Can monitor past condition, present conditions and future requirements
  • Integration Enabled with Geosoft Inventory Management System

To manage this, Geosoft Inventory Management System collects all inventory transactions in a table called the Stock Ledger Entry. All Purchase Receipts, Stock Entries and Delivery Notes update this table.

Geosoft Inventory Module Functions:

  1. Material Request
  2. Stock Entry
  3. Delivery Note
  4. Purchase Receipt
  5. Installation Note
  6. Item
    1. Item Price
    2. Item Codification
    3. Item Variants
    4. purchase details
    5. Re-Order
    6. Item Valuation Fifo And Moving Average
  7. Warehouse
  8. Serial No
  9. Batch
  10. Projected Quantity
  11. Accounting Of Inventory Stock
    1. Perpetual Inventory
    2. Migrate To Perpetual Inventory
  12. Tools
    1. Packing Slip
    2. Quality Inspection
    3. Landed Cost Voucher
  13. Setup
    1. Stock Settings
    2. Item Group
    3. Item Attribute
  14. Sales Return
  15. Purchase Return
  16. Opening Stock
  17. Stock How To
  18. Others
    1. Allow Over Delivery/Billing
    2. Auto Creation of Material Request
    3. Maintain Stock field Frozen in the Item master
    4. Manage Rejected Finished Goods Items
    5. Managing Batch wise Inventory
    6. Managing Fractions in UoM
    7. Opening Stock Balance Entry for the Serialized and Batch Item
    8. Repack Entry
    9. Serial No. Naming
    10. Stock Entry Purpose
    11. Stock Level Report
    12. Track Items Using Barcode
    13. Depreciation Entry