Inventory / Stock Module

A complete inventory management system for 100% visibility and efficiency

Modules

Inventory / Stock Hero

Key Capabilities

Everything you need to master inventory / stock in one unified platform.

Centralized item master

Centralized item master Define product categories as Item Groups, and get an analysis of stock movement of item and Item Group level. Define naming convention for the Items to prevent duplication and discover Items with ease. Manage items having different nature and purpose like stockable items, consulting service, raw-material and sub-contracted items.

Centralized item master

Flexible warehouses

Warehouses serve as the physical or virtual hubs where inventory is stored and managed. ERPNext simplifies this with a tree-view Warehouse Master, allowing you to design a structure that mirrors your warehouse layout and its sub-locations. The Perpetual Inventory valuation system integrates a warehouse with an accounting ledger. This ensures automatic General Ledger postings alongside Stock Ledger updates, providing accurate and real-time inventory valuation.

Flexible warehouses

Maintain inventory levels using stock replenishment

Maintain inventory levels using stock replenishment Prevent stockouts by setting re-order levels and quantities for an item and a warehouse. With ERPNext, automate the replenishment process by triggering Material Requests automatically when stock reaches the re-order threshold. This ensures you stay ahead of inventory needs and maintain smooth operations.

Maintain inventory levels using stock replenishment

Improve order fulfillment using stock reservation

Improve order fulfillment using stock reservation If you operate on a Make to Order or Purchase to Order basis, linking your orders to purchasing or manufacturing processes becomes essential. ERPNext ensures that stock purchased or manufactured is reserved for specific orders, preventing the same items from being dispatched to different customers. This guarantees accurate order fulfillment and prevents stock conflicts.

Improve order fulfillment using stock reservation

Reconcile inventory levels for accuracy

Reconcile inventory levels for accuracy Just like a sailing ship's course is subtly altered by waves, frequent stock movements can cause discrepancies between your ERP system’s stock balance and the actual inventory in the warehouse. Stock Reconciliation helps you course-correct by aligning the system’s stock records with the physical inventory, ensuring everything stays in sync.

Reconcile inventory levels for accuracy

Putaway and Pick List

Putaway and Pick List Storing the right items in the right locations makes it easier to find products in a large warehouse. With putaway rules, you can assign specific racks or bins to particular product types, optimizing space and organization. ERPNext's pick list simplifies the picking process, ensuring that the correct items are selected for orders. This streamlined process boosts operational efficiency and enhances customer satisfaction. Financial statements like the Balance Sheet and Profit and Loss Statement are shaped based on the structure of your organization's Chart of Accounts (CoA). ERPNext provides a tree view of CoA, enabling you to organize ledgers into parent and child nodes. This hierarchical setup allows to categorize ledgers effectively, facilitating detailed breakdowns and aggregations for enhanced data analysis and financial insights. Financial statements like the Balance Sheet and Profit and Loss Statement are shaped based on the structure of your organization's Chart of Accounts (CoA). ERPNext provides a tree view of CoA, enabling you to organize ledgers into parent and child nodes. This hierarchical setup allows to categorize ledgers effectively, facilitating detailed breakdowns and aggregations for enhanced data analysis and financial insights

Putaway and Pick List

Serialised and Batched Inventory

Serialised and Batched Inventory If you're dealing with high-value items that come with product warranties, ERPNext’s Serialized Inventory feature helps you track each unit meticulously. With serialized inventory, you can monitor the purchase details—where the item came from and at what price. When sold, link customer details in the Serial Master and update the warranty expiry for the item. For items with limited shelf life, bundle them under a unique Batch ID and set an Expiry Date. ERPNext ensures compliance by preventing items from expired batches from being dispatched to customers, avoiding costly mistakes.

Serialised and Batched Inventory

Stock Reports

To optimize item placement in your warehouse, it's crucial to identify slow and fast-moving items. ERPNext’s Stock Aging report makes this process easier by highlighting items based on their movement speed. This helps you strategically position stock, ensuring faster access to high-demand products and better space utilization for slower-moving items. Stock Balance and Stock Ledger Report The Stock Ledger, stock balance, and available batch reports offer detailed insights into inventory levels at specific warehouses on any given date. These reports ensure precise tracking and efficient stock management, helping you stay on top of your inventory. Manufacturing companies trust ERPNext worldwide

Stock Reports

Frequently Asked Questions

Common questions about the Inventory / Stock module.

Standard implementation takes 4-8 weeks depending on the complexity of your current processes and data migration requirements.

Yes, ERPNext features a robust REST API out of the box. We routinely integrate it with third-party tools such as Shopify, Stripe, and biometrics.

Related Capabilities

Explore other features that integrate perfectly with Inventory / Stock.

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