Aiia ERP Inventory Management Features

• Real-Time Inventory Tracking: Automatically updates stock levels as sales, purchases, and returns occur, ensuring accurate and up-to-date inventory data.
• Multi-Warehouse Management: Manage inventory across multiple locations or warehouses with real-time updates and central control, allowing for easy stock transfers.
• Automated Stock Replenishment: AI-driven tools that predict stock levels and automatically reorder products based on predefined thresholds or sales trends.
• Barcode Scanning: Integration with barcode scanners for fast, error-free inventory tracking and updates during receiving, picking, and shipping processes.
• Product Categorization and Variants: Organize products into categories and manage different variants (size, color, etc.) with ease, streamlining inventory tracking and management.
• Inventory Valuation Methods: Support for multiple inventory valuation methods such as FIFO, LIFO, and average costing, giving businesses flexibility in financial reporting.
• Inventory Alerts and Notifications: Real-time alerts for low-stock levels, expired products, or discrepancies, helping businesses avoid stockouts and reduce wastage.
• Batch and Serial Number Tracking: Track products by batch or serial numbers for improved traceability, especially in regulated industries.
• Inventory Analytics and Reporting: Advanced reporting tools that provide insights into stock performance, turnover rates, and trends, helping businesses optimize inventory levels.
• Integration with Sales and Purchase Modules: Seamless integration with sales and purchasing functions for accurate order fulfillment and efficient stock management across all business areas.
• Mobile Inventory Management: Access inventory data, perform stock counts, and manage product movements via the mobile app, offering flexibility for warehouse staff.
• Stock Take and Cycle Counting: Streamlined tools for conducting stock takes and cycle counts to verify stock accuracy, with real-time syncing to the system.
• Customizable Inventory Workflows: Tailor inventory workflows to meet specific business needs, from receiving goods to managing returns and transfers.
• Inventory Forecasting: AI-based forecasting tools that predict future demand and help businesses optimize stock levels, reduce overstocking, and minimize stockouts.
• Lot and Expiry Date Tracking: Manage and track lot numbers and expiration dates for perishable goods, ensuring compliance and reducing waste.