- What is inventory management ERP?
- Inventory management ERP is manufacturing software that tracks and controls stock across the entire supply chain — from purchase receipt to production consumption to finished goods dispatch. PMTechERP inventory management ERP provides real-time multi-warehouse visibility, barcode tracking, auto-reorder, and GST-compliant stock valuation.
- How does inventory management ERP reduce costs?
- Inventory management ERP cost reduction: 30% reduction in inventory holding (optimized reorder points + MRP planning), zero stockout-related production stoppages (real-time visibility), 90% reduction in inventory counting time (barcode/RFID), elimination of dead stock (consumption tracking), and ₹20–50 Lakhs freed working capital for average manufacturer.
- What is the difference between inventory software and inventory ERP?
- Inventory software tracks only stock. Inventory management ERP integrates stock with production (MRP planning from BOM), finance (automatic stock valuation and accounting entries), procurement (auto purchase requisitions from reorder triggers), and sales (available-to-promise for customer orders). PMTechERP inventory ERP eliminates all manual handoffs between departments.
- Does inventory management ERP support multiple warehouses?
- Yes. PMTechERP inventory management ERP supports unlimited warehouses and storage locations: main store, sub-stores, WIP, finished goods, consignment stocks, external warehouses. Real-time stock visibility across all locations. Inter-warehouse transfer with proper accounting and GST treatment.
- Can inventory management ERP track raw material to finished goods?
- Yes. PMTechERP inventory management ERP provides complete traceability: raw material batch → production work order → finished goods lot. Forward trace: which products used a specific material batch. Backward trace: which material batches are in a finished goods lot. Critical for pharmaceutical, food, and automotive recalls.
- How does inventory ERP handle GST for stock movements?
- PMTechERP inventory ERP GST handling: Inter-state stock transfers — generates F-form/e-way bill automatically. Inter-company stock transfers — proper GST invoice generation. Job work materials — challan-based tracking per GST Section 143. Stock adjustments — auto accounting entries with proper GST treatment. All inventory movements are GST compliant.
- Does inventory management ERP work with barcode scanners?
- Yes. PMTechERP inventory management ERP supports all barcode scanner types: 1D (standard), 2D (QR Code), mobile phone camera scanning, handheld Zebra scanners, and RFID readers. Barcode-based operations: GRN receiving, material issue to production, quality inspection, finished goods labeling, and dispatch verification.
- What is the cost of inventory management ERP in India?
- Inventory management ERP cost India: PMTechERP Starter ₹15,000/month (includes full inventory module + barcode support). This replaces standalone inventory software (₹3–8 Lakhs) + additional accounting software + manual coordination. PMTechERP delivers integrated inventory management ERP at the lowest total cost in India.
- How does inventory ERP calculate reorder points?
- PMTechERP inventory ERP reorder point = safety stock + (average daily consumption × lead time). Safety stock = Z × standard deviation of demand × square root of lead time. ERP automatically adjusts reorder points based on rolling consumption data. Manual override available for special situations.
- Can inventory management ERP track serial number items?
- Yes. PMTechERP inventory management ERP supports lot/batch tracking and serial number tracking: individual serial numbers for high-value items (machinery, electronics), automatic serial number generation on production, warranty tracking by serial number, and service history linked to serial number. Essential for capital equipment manufacturers.