Inventory Management

HomeInventory Management

Inventory Management

Ascentry provides economical and efficient inventory management outsourcing services. Inventory management is the task of huge responsibility and this complex task is one that organizations cannot afford to handle carelessly, thus favoring the option of outsourcing inventory management. We provide unique solutions to track goods and update systems promptly, relieving organizations of the challenging responsibility of managing inventory.

As we know, the inventory includes several stages for the final dispatch such as purchase, stocking, issuing the production line, stocking for sales, production and the final sales to the customers. Businesses take their predictive decisions and make analysis according to the inventory reports and analysis done by the experts. Because it completely depends on the customers’ approach towards every single product of the organization/ brand.

We provide essential inventory management solutions in order to avoid out of stock situations. We understand the fact that keeping investment at the optimum level in the inventory is the most important aspect.

We work according to different business requirements. There can be management types as per the shortage of stock and as per the product types. We have a team of experts taking part in the production models and subtypes of inventory services such as raw materials, finished goods, transit inventory, cycle inventory, decoupling, anticipating etc.

Ascentry helps businesses in following aspects of Inventory Management Outsourcing Services:

Order picking support

Automatic reorder

Inventory forecasting tools

Barcoding support

Point of Sales Support

Inventory Coding System

Multiple Warehouse management

Multiple Inventory Categories

Multiple Pricing Strategy

Different Inventory Valuation options

Primary as well as Alternative Unit of Measurement

Default Accounting Allocation

Inventory Tracking System

Inventory Cost Allocation

Batch Number and Expiry Date Tracking

Inventory alerts

Accounting tools or tie-ins

Reporting tools

And other more imperatives

Because of their wide variation in scope, inventory management systems also vary widely in cost. We acquire inventory management software for small business to conduct the inventory jobs quickly and with smart efforts. Our inventory management outsourcing services are affordable.

Our Expertise in Inventory Management Services for different industry includes:

Manufacturing inventory management Services

Process flow of inventory in Manufacturing

The issue of the purchase order

Receipt of material

Preparation of job card and BOM by the production department

Submission of stock requisition by the production department to store department

The issue of material by store department

Production of finished goods

Quality testing

Sale of goods

The inventory in manufacturing process moves around task orders and Bill of Materials. Therefore, the following essentials must be taken care:

Materials tracking

Inventory levels for parts and finished products

Job Card

Bill of Material

Stock Requisition Note

Stock Issue Note

Material Process Warehouses

Work in Process Inventory valuation

Automatic reordering

Integrations with ERP or maintenance software

The tracking of different job/tasks in the inventory gets more exposure to profits and makes more beneficial to manage the toughest businesses of manufacturing. So, the professional companies such as Ascentry with exclusive inventory management solutions make business immense profitable.

Also, the inventory management solutions are dependent on how many processes that individual entities want to track. It can be automatic recording, integrated warehouse management solution and track downtown. There can be many useful inventory management solutions we can provide.

“Assentry Consulting & Advisory Services LLP” is now known as “Ascentry Consulting & Advisory Services LLP”.