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Inventory: General Information
Inventory: General Information

The very basics of Inventory Management in Orderry

Xenia avatar
Written by Xenia
Updated over 7 months ago

Inventory management is a very important aspect of physical management and accounting, which can help you extend control and optimize warehouse operation. Orderry has the right warehouse automation capabilities that suit both small business-focused and enterprise-level inventory management systems. Below let’s review them all in greater detail.

Monitoring Stock Balances

Create and customize product warehouses. Monitoring stock balances made easy with Orderry. Look through all products, sort the search results by stock balance, category, or warehouse. Import and export products, print price tags and labels.

Postings, Write-Offs, And Inventory Transfers Set Up To Speed

Enter your and supplier warranty for your products, add images, monitor and edit pricing when managing postings. Enter product codes, SKU, and barcodes to make data retrieval quick and convenient. Write-offs and inventory transfers now support bulk actions and barcode scanning and can be completed in just a few clicks.

Manage Own Business Assets And Property Of You Clients For Safekeeping

Unlike others, the service business got to deal mainly with items that belong to clients and, therefore, has to take assets for safekeeping.

Manage the end-to-end process of safekeeping by creating and configuring multiple Asset Warehouses to keep track of your own assets and belongings of your clients. Know their actual physical location and transfer assets automatically based on your business logic and unique patterns of logistics, even without putting in a tremendous effort.

Important: Assets may have different names (Vehicle, Device, Appliance, Tool, Shoes, Garment) depending on the type of business you choose when creating your account.

Inventory Stocktake

Perform regular stocktakes to establish a transparent process of stock balance monitoring. Take on warehouse reconciliation to resolve the difference between accounting and actual stock balances.

Get Inventory Connected With Orders And Sales

Provide sales directly from the warehouse. Add products to your orders and view a complete transfer history directly in the product profiles.

Inventory Analysis

Report on inventory turnover and assortment to make more informed decisions, based on real-time data.

Purchase Always On Time

Set the minimum residue of products to enable the Stock balance control feature. Then use a special report to get the list of products you need to purchase.

Identify and Track Each Product Unit

Enable serialization to track product unit transfers and log history as they move between different warehouses. Use standard serial numbers or generate your own identifiers in Orderry.

Bin Locations

Bin locations make it possible to create warehouse bins and place products into them. This way, you always know the exact location of the needed product item.

Bulk Actions

The following bulk actions are now available upon selecting multiple inventory items: write-offs, transfers, sales, changing categories, data export.

Reporting

Easily create reports on the following in just a few clicks:

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