Introduction
Inventory management is one of the crucial aspects of business operations that needs to be monitored with utmost attention and accuracy. Even a simple error in the movement of inventory has the potential to harm your business and that’s why entrepreneurs always prioritize effective inventory management. As the company expands, the need for a dedicated inventory management system also grows. Here comes the MAQSU Inventory management system for your help with advanced strategic plans that optimizes the operations of organizing, monitoring, and managing inventory in real-time. MAQSU ensures accurate inventory tracking that helps your business to handle orders as early as possible.
MAQSU ensures the availability of all necessary features with advanced performance in the Inventory module that are significantly required to streamline inventory management. With this completely packed inventory management system offered by MAQSU, a company can accomplish the benefits of inventory management such as
- Track Stock Levels – Monitor inventory quantities across all warehouses and locations in real-time
- Manage Receipts and Deliveries – Process incoming goods from vendors and outgoing shipments to customers
- Transfer Products – Move inventory between warehouses, locations, or storage areas
- Adjust Inventory – Correct stock discrepancies and account for losses or gains
- Scrap Products – Record damaged, expired, or obsolete items removed from inventory
- Batch Processing – Group multiple operations together for efficient execution
- Generate Reports – Analyze inventory levels, movements, and valuation
Operations
These are main operations in inventory, such as goods receipts, internal transfers, delivery orders, and more.
Goods Receipts
Shows pending receipts to be processed
Internal Transfers
Tracks movements within or between warehouses
Delivery Orders
Lists customer shipments to be processed
Set Up
Before beginning inventory operations, you must configure essential master data in the system. Proper setup ensures smooth operations and accurate tracking.
Warehouses
Define a physical building or facility where goods are stored and managed.
Locations
Define a specific place inside a warehouse where items are stored.
Product Category
To group or classification of similar products.
Units of Measure
Standard unit used to measure, store, buy, or sell in an inventory.
Products
Item that is bought, sold, or stored.
