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Tracking Stock Movements, transfers, receipts, issuance is now simple
Our eBuyerAssist Procurement Software (aka eBA) is a fully integrated Procurement suite and one of its optional plug-in modules is the inventory control or stock management module.
When a requisition is processed into the system – you may not be required to go and order it from an external source if you already have enough of the item in stock.
The system first checks its inventory and will allow fulfillment of the request without even raising a PO.
You may have various different locations where you keep your inventory: warehouse, trucks, the office closet. With eBA you can track all your inventory in each of these different locations and keep an enterprise wide consolidated view of all of it, all of the time.
If stock levels fall low, the system has the ability to raise an order for replenishment. If you have critical items you cannot run out of, it will allow you to keep a buffer stock and raise orders for replenishment or for direct fulfillment.
For inventory and stock valuation reports we can use FIFO, LIFO, FEFO, etc and we can also consume inventory against those models.
Your users may order from the internal items catalog to book things out of inventory instead of ordering directly from the supplier.
Stock levels increase from the Receiving module
Issue stock items to a cost code
Low stock advisories
Allows the return to stock of issued items
Permits manual and automatic stock level adjustment
Stock listing reports with stock values
Reports on all stock movements between locations
Multi-location warehousing
Integrates with Vendor Punchout process
User access is role based
See how Eyvo's eProcurement solution can streamline your procurement processes! Fill out the form, and our Team will get back to you shortly!
Managing inventory means managing sourcing, storage, distribution, and tracking a company’s inventory while meeting customer demand. Effective inventory management means that all the mentioned activities are done while also minimizing costs.
An organization should focus on inventory management to ensure businesses maintain the right stock levels at all times, reduce wastage, and improve operational efficiency.
Yes, we have an inventory management module through which your organization can effortlessly monitor stock levels, reordering levels, and inventory. We also allow users to pick items from the inventory instead of ordering them from an external source to save time.
Yes, through Eyvo’s inventory management module, you can track stock in each of your locations and have an enterprise-wide consolidated view of it all.
Yes, it can. Our inventory module notifies you when re-order levels are hit so you can order stock items on time. This helps businesses maintain optimal inventory levels, which can otherwise incur unnecessary costs associated with stockouts and overstocking.
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