[pic]

Proposal of the software Inventory Control System

Today’s competitive environment is forcing companies to optimize the procurement processes and inventory levels while at the same time ensure accuracy of controls and implementation
Of standard procedures for the flow of materials. However, in the absence of appropriate systems and information infrastructure, companies are finding it difficult to achieve smooth and efficient
Materials planning and execution due to the following information-based limitations.

If these reflect your procurement and inventory management limitations as well, then
Inventory Control and Valuation System by Core Solutions has the right answers to
These critical problems
ICVS – providing the right solutions for an efficient materials management.

All-inclusive, functionality-rich software, the Inventory Control & Valuation System (ICVS) meets all the requirements for efficient management of inventories and materials procurement function
Of small to large scale organizations. ICVS caters to all activities involved in the flow of materials
Right from materials requirement determination, generating purchase orders to issue and receipt
Of goods. The outcome is reliable maintenance of real-time records for item-wise, location-wise
Stock count and its valuation.

Issues in management of material flow • Unavailability of real-time and reliable record of inventories. • Manual requirement generation for materials across batches and orders. • Judgment-based purchase order quantity • calculations and material consolidations • Irrational wastage levels those are rarely revised and monitored. • Inaccurate trail of location wise stock count. • In-effective implementation and monitoring of inventory valuation techniques. • Irregularities in inventory levels in case of multiple storage