Inventory Control Software
In today’s competitive environment companies have to optimize the procurement processes and inventory levels in order to increase company profit margins and ensure zero inventory loss while at the same time ensure accuracy of controls and implementation of standard procedures for the flow of materials. However, in the absence of appropriate systems and information infrastructure, companies are not able to achieve correct and efficient Materials planning and execution due to the following information-based limitations.
If these reflect your procurement and inventory management limitations as well, then Inventory Control and Valuation System by Shivit Technologies has the right answers to These critical problems :
Unavailability of real-time and reliable record of inventories.
Manual requirement generation for materials across lots and orders.
Judgment-based(BOM) purchase order quantity
calculations and material consolidations
Irrational wastage levels those are rarely revised and monitored.
Inaccurate trail of location wise stock count.
In-effective implementation and monitoring of inventory valuation techniques.
Irregularities in inventory levels in case of multiple storage locations due to high frequency of inventory transits and transfers.
In-effective manual controls for ensure.
reconciliation between the purchased and requird inventory.
consumed and leftover inventory stocks
ICMS – Providing the solutions for an efficient materials management and planning.
All-inclusive, functionality-rich software, Shivit Inventory Control Management System (ICMS) meets all the requirements for smooth management of inventories and materials procurement function of small to large scale organizations.Shivit ICMS caters to all activities involved in the flow of materials Right from materials requirement determination, generating purchase orders to issue and receipt Of goods. The outcome is reliable maintenance of real-time records for item-wise, location-wise Stock count and its valuation.
Shivit Technologies ICMS integrates with Demand management and order entry, Financial Accounting, and shop-floor control for automatic calculation of material requirements, generation of payables and issuances Of materials upon authorization to departments and shop-floor respectively. So whether you are a manufacturing concern, a distribution company or service-based organization, ICMS provides great help in the preparation of strong production, distribution And supply plans for your company by enabling valid and real-time record of your inventories While simultaneously protecting from unforeseen stock shocks. Shivit ICMS can also easily integrate with other packaged software applications such As full suit ERP’s.
