Inventory Management

vmedulife :Products :Inventory Management

Inventory management is a systematic approach to sourcing and storing Assets. It is an online system that manages assets and keeps track of purchase requests, indents, and daily consumption of assets in an organization.

1

Features

5

Benefits

4

Implementation

3

Reports

2

Support

Outcome Based Education (Accreditation)
Academic Management Software
Office Automation(ERP)

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Manage Stock

FEATURES

Manage Stock helps in storing, tracking and controlling the assets and it’s use, it ensures that asset is well maintained and gives the forecasting when the asset is running low in quantity.

  • Export data
  • Identify Asset with Unique Stock Inward Number
  • Linking of Purchase Order

Asset Management

Asset Management is the process that guides the asset and its daily use. It helps in Maintaining and tracking the records of assets which leads to improvising the inventory of an organization.

  • Quick Import of existing asset into system
  • Export data for reconciliation of an asset
  • Search Assets with simple and easy Tags

General Purchase

General Purchase enables inventory personnel to maintain records of assets and its cost which are bought on daily basis for various purposes.

  • Use for tracking general expenses
  • Helps to maintain a record of general purchase
  • Export data on the go

Purchase Request

“vmedulife” Inventory Management System gives you the surety of raising a Purchase Request against any asset which is low in stock OR buying a new asset at your finger tips in the easiest and simplest way.

  • Raise Purchase Request
  • Helps to maintain a record of general purchase
  • Share Purchase Requests with Vendors Instantly

Indents

Indent is the process where the asset is being requested from inventory personnel, for use.

  • Multi-level approver for indent
  • Keep track of raised indent with status

Purchase Order

“vmedulife” offers effortlessly creation of Purchase Order, maintaining records for the same and easily accessible on the go.

  • Record every detail related to Purchase Order
  • Interlinked with asset and Purchase Request
  • Accessible on the go

BENEFITS

Perhaps the most important benefit of inventory is saving organization money. Enhanced the efficiency & productivity in operations. Gives transparency, decreases inaccuracies and avoid redundancy.

Quick Benefits

Daily Consumption of Asset

Daily Consumption of Asset
Daily Consumption of assets, helps identify the asset and their usage as per respective employees on daily basis.

Import Action

Import Action
This function gives access to import the existing data into the Inventory System which makes it easy and hassle-free to maintain records of previous and latest assets.

Record of Breakage / Wastage Asset

Record of Breakage / Wastage Asset
Now you can maintain the records of breakage/wastage of assets which also helps to identify which asset has been broken or wasted by users.

Long Term Benefits

High Cost Saving

High Cost Saving
Inventory Management helps to save the cost at a huge amount by keeping track of the records and maintenance of assets which eventually leads to an increase in the organization's growth.

Low Stock Asset Management

Low Stock Asset Management
Inventory Management ensures that asset is not completely vanished by keeping an eye on every asset with small details.

Precise Planning

Precise Planning
Inventory Management gives the upper hand on the Forecasting of Assets by precisely managing and executing the asset usage on daily basis.

Implementation

vmedulife team will work with you for consistent implementation support to meet your unique requirements and achieve your organization goals.

  • Identify the pain areas in organization
  • Design and execute Training plan for successful implementation of platform
  • Successful Training of platform at organization
  • Provide single point of contact for implementation
  • Help desk portal for any query and custom enhancement

Reports

  • Asset Report As Per Available Quantity
  • Check-In / Check-Out Asset Report
  • Stock Verification Report
  • Asset Report As Per Categorized Asset
  • Asset Report As Per Location
  • Asset Report As Per Low Stock Quantity
  • Asset Report As Per Daily Material Movement
  • Purchase Order Report
  • Asset Report As Per Utilized Quantity
  • Report Of Asset Linked To Category
  • Asset Inward Verification Report
  • Student Cumulative Cost Report
  • Asset Report As Per Breakage & Waste Quantity
  • Asset Report As Per UnCategorized Asset
  • Asset Report As Per Regular Maintenance
  • Report Of Asset Linked To Location
  • Asset Report As Per Expiry Date
  • Student Issue Cumulative Quantity Report
  • Asset Report As Per Quotation Comparison
  • Asset Report As Per Individual Breakage & Waste Report
  • Asset Report As Per Received Date
  • Report Of Asset Linked To Department
  • Equipment Corrective Maintenance Report
  • Purchase Request Report

Support

We have a dedicated team to support our valuable users which will help you to achieve the goals with the help of vmedulife's inbuilt Technical Support Portal, from where faculty members of can raise the respective concerns or suggestions. Admin from the organization can also verify logs of queries and suggestions for maintaining the track and records.

FAQs

Yes, we do have the stock management option.

Yes, we can maintain both consumable and non-consumable assets.

Yes, it is possible to get department-wise asset allocation view.

Yes, we can register vendors in the system.