Inventory Management ERP Solutions
Take control of your inventory with real-time visibility and intelligent automation. From multi-location tracking to automated reordering, batch management to stock optimization—eliminate stockouts, reduce excess inventory, and maximize working capital efficiency.
Inventory Management Challenges
Stock Discrepancies & Inaccuracy
Manual counting and Excel tracking lead to constant mismatches between system and physical stock. Inventory inaccuracy disrupts production and damages customer trust.
Multi-Location Complexity
Managing stock across multiple warehouses, stores, and distribution centers without real-time visibility creates chaos. Inter-location transfers are error-prone and time-consuming.
Overstocking & Stockouts
Without intelligent forecasting, you face simultaneous problems: dead stock tying up capital and critical shortages halting operations or losing sales.
Why Choose Praxon for Inventory
Real-Time Multi-Location Visibility
Track inventory across all locations in real-time. Know exactly what's where, when it moved, and current stock levels—eliminating discrepancies and enabling instant decisions.
Automated Stock Optimization
Intelligent reordering based on consumption patterns, lead times, and seasonality. Maintain optimal stock levels—never too much, never too little—freeing up 20-30% of working capital.
Complete Traceability
Batch, serial number, and expiry tracking for full traceability. Meet regulatory requirements, manage recalls efficiently, and ensure product quality throughout the supply chain.
Barcode & RFID Integration
Mobile barcode scanning for receiving, putaway, picking, and cycle counting. Reduce manual errors by 95% and speed up warehouse operations by 40%.
Complete Inventory Management Suite
Multi-Location Inventory
- Real-time stock visibility across locations
- Inter-warehouse stock transfers
- Location-wise stock reports
- Stock allocation rules
- Transfer order management
- Location performance analytics
Stock Receiving & Putaway
- Purchase receipt processing
- Quality inspection integration
- Barcode scanning support
- Bin assignment automation
- Batch and serial number capture
- Receipt discrepancy handling
Batch & Serial Number Tracking
- Batch creation and tracking
- Serial number management
- Expiry date monitoring
- FIFO/LIFO/FEFO enforcement
- Batch recall management
- Traceability reports
Stock Picking & Dispatch
- Pick list generation
- Barcode-guided picking
- Packing list management
- Delivery note creation
- Stock reservation
- Backorder management
Stock Reconciliation
- Cycle counting schedules
- Physical stock entry
- Variance analysis
- Adjustment workflows
- Stock audit trails
- Reconciliation reports
Reordering & Replenishment
- Automated reorder point calculation
- Safety stock management
- Economic order quantity (EOQ)
- Purchase requisition generation
- Supplier lead time tracking
- Demand-based replenishment
Inventory Valuation
- Moving average costing
- FIFO/LIFO valuation
- Standard costing
- Landed cost allocation
- Inventory revaluation
- Stock aging analysis
Inventory Analytics
- Real-time stock dashboards
- Stock movement reports
- ABC analysis
- Inventory turnover metrics
- Slow-moving and dead stock reports
- Stock value analysis
