The Complete, Hassle-Free Procurement & Inventory Solution
CODEPOINT’s Procurement & Inventory Management Solution helps you manage your purchases and inventory, with flexibility, to manage the same at plant/warehouse (individual or multiple) level. Our solution automates your entire procurement and inventory flow from purchase requisition stage to stock issuance, including sales return and stock-take. The solution also helps in making strategic decisions on your business, with precise reporting of your inventory flow.
Solution Workflow
Benefits
Hassle-free Inventory Management
Eliminate all the hassles of manual processing with one automated solution
Real-time Inventory Visibility
Facilitates real-time visibility of your inventory and enhances your profitability
Digital Archival and Tracking
Archive your inventory digitally and get easy access to monitor and track all items
Faster Stock-take with Online-offline Capability
Speed up stock counts and ensure accuracy by completing stock counts on mobile devices, even when there’s no signal
Customized Reporting
Facilitates overall monitoring & tracking of your inventory flow with precise reporting section
Barcode Integration
Catch stock details by integrating with a barcode system
ERP Integration
Manage the operational flow with a system having ERP integrations
Multi-location Sync
Allows you to sync your stock for different warehouses
Key modules of the solution
Procurement Management
- A unified solution to set up your purchase processes with seamless approval tracking, integrated purchase request fulfillment, and effortless inventory replenishment
- Department wise Budget requirement requisition and allocation
- Easy Purchase Requisition initiation and approvals
- Single-click quotation requests to multiple suppliers
- Initiate creation of purchase orders directly from quotations effortlessly with just one click
- Streamline your post-purchase processes by receiving items and replenishing the inventory directly from the purchase orders
- Payment Processing by matching payments with invoices & store centralized transaction records for future reference
- Manage all your vendors, vendor transactions and bills in one place
- Dedicated contract management space where you can manage all contracts be it, existing or new, effortlessly
Item Management
- Group, customize, manage, and track your items from a single application
- Classify your items into groups based on their descriptive attributes, brands, product types, sizes, and colors, and arrange them accordingly
- Assign unique serial numbers to each product so you can track them individually
- Precisely keep track of where your products come from and where they are going
- You can monitor expiration dates, conduct quality checks, and trace each product back to its batch
- Get instant product status, any time
- Comprehensive information on existing stock
- Auto re-order notification & purchase request initiation
Warehouse Management
- Distribute your stock across multiple warehouses and fulfill your orders as soon as customers place them
- Move stock easily through the business, eliminating excess stock-holding and over-ordering
- Synchronize sales/issuance across multiple warehouses and manage drop shipments, inter-warehouse transfers, and back orders with ease
- Access to any Inventory items in any warehouses located at different locations
- Online requisition slips are received from departments for material issue
Sales Order Management
- Create, manage and access all of your sales orders with a single application
- Acts as a central database to collect all the sales that you make across different channels
- Generate invoices against your sales orders instantly
- Compiles data from one or more sales orders and lets you create invoices for your clients, automatically
- Centralize your billing process
- Keep tabs on the status of all your invoices and pending payments
- End-to-end sales contracting management with our full-fledged Customer Contracts section
Stock-take
- Our android barcode scanning app provides fast, accurate, verifiable and reliable inventory counts
- Barcode scanning can be carried out offline allowing you to perform stock count in any environment
- Significantly reduce inventory counting time and time lost on errors
- Multi-device stocktaking feature helps you complete inventory counting at a blistering pace
- Real-time stock-data updating in the server enables you to view stock data from multiple devices in a real-time manner
- Perform partial or full stocktake with multiple devices/users
- Identifies inventory discrepancy and make stock adjustments
- Verify and archive your stocktake data by exporting/importing inventory documents