Inventory & Procurement

Overview

KodeFast's Inventory and Procurement Management Application delivers a customizable, all-in-one solution designed to streamline inventory control and procurement processes across industries. This application enables enterprises to efficiently track stock levels, initiate procurement workflows, and maintain seamless inventory management. 

With its user-friendly interface, businesses can add required materials, including quantity and Unit of Measurement (UoM), to automatically generate multiple reports, such as Purchase Orders (POs) and Goods Receipt Notes (GRNs). Upon receiving materials, the application assists in issuing GRNs and generating PO invoices, while also tracking stock usage—whether consumed, lost, or damaged. This comprehensive tracking mechanism helps businesses assess material requirements and make informed procurement decisions. 

The tool includes an effective review and approval mechanism, along with the option to cancel POs when necessary. Additionally, it sends automated alerts to the procurement team to maintain safe stock reserves and allows users to set expiry dates for stock items. Its advanced features ensure smooth and efficient inventory and procurement operations for enterprises.

Features 

• Automated Reporting: Generate multiple reports, including POs and GRNs, by simply entering basic information

• Organization Profiles and Vendor management: Build and manage organizational profiles and maintain a centralized vendor list for streamlined operations

• Interactive Dashboards: Access pivot tables, charts, and searchable reports to monitor inventory and procurement status

• Role-Based Access: Provide role-specific access for data input analysts, reviewers, and approvers to ensure smooth workflow management

• Stock Position Alerts: Receive automated email alerts to maintain safe stock reserves and avoid shortages

• Expiry Date Tracking: Set expiry dates for stock to ensure timely consumption or disposal

• Seamless Workflow: Features a robust review, approval, and cancellation mechanism for POs to enhance operational efficiency

KodeFast's Inventory and Procurement Management Application empowers businesses to maintain optimal stock levels, reduce inefficiencies, and streamline procurement processes—all while offering advanced customization to suit specific organizational needs.