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Our stock management software improves inventory control, reduces costs, and enhances efficiency.

Access our stock management features on mobile devices, allowing for item receipt and item issue make it more flexible for field usage

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Trusted by 1000+ hospitality professionals worldwide..

Powerful features of our stock management software

Stock Movement Management

Manage stock movements efficiently, including receiving new stock, transferring items between locations, and tracking stock adjustments.

Stock Alerts and Notifications

Set up alerts and notifications to monitor low stock levels, expiry dates, or reordering thresholds, ensuring timely replenishment and preventing stockouts.

Stock Valuation

Calculate the value of your stock based on various valuation methods, such as FIFO (First-In-First-Out) or weighted average, gives insights into the financial status of your inventory.

Our stock management software can contribute to 15% revenue improvement

Avoid Stockouts

By accurately tracking stock levels and implementing automated reorder points, a stock management software helps prevent stockouts. Having sufficient stock on hand ensures that you can fulfill customer orders promptly, increasing customer satisfaction and reducing the risk of lost sales.

Minimize Overstocking

Overstocking ties up valuable resources and increases the risk of obsolescence. With accurate stock tracking and demand forecasting capabilities, a stock management software helps you avoid excessive stock accumulation. This enables you to allocate your financial resources more effectively and minimize storage costs.

Minimize Stock Loss and Shrinkage

Our robust stock management software helps identify discrepancies between physical stock counts and recorded stock levels, reducing the risk of stock loss or shrinkage due to theft, misplacement, or administrative errors. By minimizing stock loss, you protect your revenue and maintain accurate financial records.

Data-Driven Decision Making

Comprehensive reporting and analytics provided by stock management software offer valuable insights into stock performance, trends, and financial metrics. Leveraging this data enables you to make informed decisions about pricing, promotions, purchasing, and inventory optimization, ultimately improving revenue generation.

Integrated stock management software with costing and PMS

Inventory Control

The integration allows you to manage and track hotel inventory, such as linens, toiletries, food and beverage supplies, and other consumables. Real-time visibility into stock levels helps prevent stockouts, optimize reordering, and reduce wastage.

Purchase Order Integration

Linking stock management with the hotel PMS enables automatic creation of purchase orders based on inventory levels and guest reservations. This integration ensures that stock is replenished in a timely manner to meet guest demands.

Inventory Cost Calculation

By linking costing with stock management, you can accurately calculate the cost of goods sold (COGS) for each inventory item. This integration allows for better control over food and beverage costs, as well as other consumables.

FAQs

Can I receive items against a Purchase Order in the system?

you can efficiently record the receipt of items against a specific Purchase Order in the system. This process ensures proper inventory management and maintains accurate records of received goods, invoices, and vendors.

Can items be received without creating a Purchase Order (PO)?

Yes, items can be received without creating a Purchase Order (PO) in the system. There are instances when purchases are made from local vendors or for urgent requirements, and a formal PO may not be generated. In such cases, the process of receiving items is typically done directly without going through the PO creation.

Receiving items without a PO can be a more streamlined process for immediate or local purchases where a formal PO might not be necessary. However, it is essential to ensure that proper documentation and approvals are obtained as per the organization's policies and procedures.

Can items be issued without using an indent number? How does the process work on the item issue page?

Yes, items can be issued without using an indent number through the item issue page. The item issue page provides a direct way for the store to issue items to specific cost centres or departments without the need for an indent

By using the item issue page without the need for an indent, the store can efficiently issue items to different cost centres or departments based on immediate requirements. This method is especially useful for urgent or ad-hoc issuances that do not necessitate the formal indent creation process.

How are adjustment entries used to manage inventory when items are expired or discrepancies occur in stock quantities?

Adjustment entries play a crucial role in managing inventory when there are expired items or discrepancies in stock quantities. They are used to make necessary corrections and ensure that inventory records accurately reflect the actual stock available.

Overall, adjustment entries are a vital tool in inventory management, enabling businesses to maintain accurate inventory records, adhere to regulatory requirements, and make informed decisions based on reliable stock data. They ensure that the inventory is well-managed and discrepancies are promptly addressed.

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Integrated stock management software with hotel PMS improves inventory control, cost calculation, and guest satisfaction.

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