Stock management is the practice of ordering, storing, tracking, and controlling inventory. Inventory control process is also important for maintaining the right balance of goods in your warehouses and the number of goods sold. You don’t want to lose a sale because you didn’t have enough inventory to fill an order. It is too hard to maintain the record about the daily intake of the raw material and view the whole details. The improvement in the production cannot be monitored easily when it is done manually. When the products are sold, they must be restored at a rate that finds a healthy balance between the extremes of overstocks and stockouts. If the inventory process is handled manually, then there is a lot of problems faced in keeping track of the inventory with different units of measures and suppliers in various countries. A record about the production when once created is too hard to delete. This stock management and control system can be used to store the details of the products available and sold. We can also update the sold products details; this system can be also used to generate bills and generate sales. This stock management system has only one module Admin. Here admin has authority to add new products, delete the unwanted or expired products and update the existing products list. The stock management system also contains the record of discounts on various products so that the product is offered at discounted price while billing.
- Easy to maintain records.
- Save times.
- It doesn’t require active internet connection.
- We need to put proper information manually.