Stock Management

Track and monitor inventory in real-time, ensuring that stock is always up-to-date and readily available.

Powerful search engine

Swiftly locate items within your product catalogue. This intelligent search functionality utilises advanced algorithms and indexing techniques to deliver accurate and relevant results in real-time. With its user-friendly interface, you can quickly filter and search for products based on various criteria, such as description, product code, supplier or group/subgroup. The search engine’s capability to handle large datasets ensures that you can efficiently navigate through extensive product catalogues with ease.

Automated stock allocation

The auto-allocation feature streamlines the process of allocating arriving stock to the appropriate sales orders. Once new stock arrives in the inventory, Optimise automatically assesses the existing open sales orders and intelligently allocates the incoming stock eliminating the need for manual allocation, reducing errors and saving time.

Powerful search engine to locate product catalogue item

Stock valuation by branch in summary or detailed format

Stock-taking of whole branch or group / supplier

Arriving stock auto allocation

Pre-allocate containerised stock in transit & bulk orders

Real-time stock balances controlled over local or wide area network

Sales and cost promotions

Product technical notes

Identify good / poor performing groups or items by sales / profit

Inter branch stock transfers with reporting

Suggested order management reporting

Setup products / import supplier price lists using Excel

Integration with sales and purchase order processing

Stock identification tickets with optional bar-code

Optional multi-currency cost pricing

Optional parts explosion / bill of materials

Stock Management FAQs

What is stock management software?

Stock management software, also known as inventory management software, is a specialised tool designed to help businesses efficiently track, manage, and control their inventory or stock levels. It is a crucial component for companies that handle physical goods, as it allows them to optimise their inventory processes, reduce costs, and improve overall operational efficiency.

How does stock management software work?

Stock management software simplifies and enhances inventory-related processes for businesses by digitising and automating various tasks. It begins with inputting essential stock data, such as product details and initial quantities on hand. The software then continuously tracks inventory levels in real-time, often using barcode scanning technology for accurate updates. Efficient order management ensures that purchase orders are generated when stock reaches reorder points and that sales orders are fulfilled from available stock, preventing stockouts and overstock situations. Additionally, the software monitors stock movement within the organisation and integrates with other systems like accounting and e-commerce platforms, ensuring seamless data flow and reducing manual errors. The inclusion of reporting and analytics features offers valuable insights, enabling data-driven decision-making and optimising inventory strategies.

Do I need stock management software?

Stock management software can be a valuable asset depending on the characteristics of your business. If you deal with a large and diverse inventory, the software can streamline the tracking of stock levels and movement, ensuring real-time accuracy. Additionally, for businesses with multiple warehouses, retail locations, or an online store, the software enables effective management across various channels. It automates order processes, reducing the risk of stockouts and optimising stock levels, which is particularly beneficial for high-sales-volume businesses. Furthermore, by automating data capture and synchronisation, stock management software minimises manual errors that may occur during data entry.