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Acrologix has introduced an eSTOCK inventory management system which is a set of hardware and software based tools that automate the process of tracking inventory. The kinds of inventory tracked with an inventory management system can include almost any type of quantifiable good, including food, clothing, books, equipment, and any other item that consumers, retailers, or wholesalers may purchase. Modern inventory management systems are almost exclusively based on barcode technology. Though barcodes were initially developed to automate the process of grocery store checkout, their ability to encode a wide variety of alphabetic and numeric symbols makes them ideal for encoding merchandise for inventory applications.
eSTOCK Inventory management systems are employed in a wide variety of applications, but they all revolve around tracking delivery of goods to customers. Inventory control is crucial in retail stores, especially those with a large number or variety of merchandise items for sale. eSTOCK Inventory control is also used in warehouses to track orders and shipments, and for automated order processing. Other important applications of inventory management systems are in manufacturing, shipping, and receiving.
Acrologix believes that the Inventory control is important to ensure quality control in businesses that handle transactions revolving around consumer goods. Without proper inventory control, a large retail store may run out of stock on an important item. A good inventory management system will alert the retailer when it is time to reorder. Inventory control is also an important means of automatically tracking large shipments. For example, if a business orders ten pairs of socks for retail resale, but only receives nine pairs, this will be obvious upon inspecting the contents of the package, and error is not likely. On the other hand, say a wholesaler orders 100,000 pairs of socks and 10,000 are missing. Manually counting each pair of socks is likely to result in error. Acrologix ensures that automated E Stock inventory management system helps to minimize the risk of error. In retail stores, an inventory management system also helps track theft of retail merchandise, providing valuable information about store profits and the need for theft-prevention systems.
Automated inventory management systems work by scanning a barcode either on the item. A barcode scanner is used to read the barcode, and the information encoded by the barcode is read by the machine. This information is then tracked by a central computer system. For example, a purchase order may contain a list of items to be pulled for packing and shipping. The inventory management system can serve a variety of functions in this case. It can help a worker locate the items on the order list in the warehouse, it can encode shipping information like tracking numbers and delivery addresses, and it can remove these purchased items from the inventory tally to keep an accurate count of in-stock items. All of this data works in tandem to provide businesses with real-time inventory tracking information. Acrologix has created the Inventory management systems in such a way which makes it simple to locate and analyze inventory information in real-time with a simple database search.
- Real-Time Inventory Status
- View Items Received History
- Organize by Category
- View Items Sold History
- Import/Export Inventory Files and Reports
- Inventory Planning System
- View Inventory by Category
- View Inventory by Location
- Barcode Scan Adding
- Lot and Serial Number Control
- View Overall Inventory Levels
- Return Management
- Tracks all inventory received
- Receives using purchase order (PO) or without PO
- Issues against sales order (SO) or without SO
- Maintains supplier information
- Categorizes raw materials, work-in-process (WIP), finished goods
- Creates inventory lists, bill of materials (BOM) and pick lists
- Generates management reports
- Provides global and local inventory levels
- Automatic reorder
- First In, First Out (FIFO) control