Optimize Stock Levels and Reduce Holding Costs with AI Enabled Advanced Inventory Management

By leveraging real-time stock tracking, businesses gain accurate visibility into inventory levels, minimizing the risk of stockouts and overstock situations.

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Businesses need these solutions
to eliminate errors and reduce losses caused by outdated inventory management system

Real-time multilocation Inventory Tracking

FIFO based Inventory Valuation

Batch & Lot Tracking

Auto Unit of Measurement Conversion

Inventory
Valuation

Multi-channel
Sales

Save Time, Reduce Errors with AI-Based Document Scanning

Eliminate manual data entry from GRNs, supplier invoices, etc., and accelerate operations by up to 80%.

Is Your Current Inventory System Affecting Your Inventory Management Efficiency?

Businesses suffering from poor inventory management experience up to a 20% decline in order fulfillment accuracy and a 15% increase in inventory holding costs, according to industry reports.

Impacts of Decreased Operational Efficiency

Increased Stockouts
Delayed Order Fulfillment
Increased Lead Time
Complex Returns Management
Higher Inventory Holding Costs

Get Back on Track with Expand smERP

A solution that not only addresses your challenges but also delivers the strategic advantages your business needs.

Experience the Expand smERP Difference

Stock Routing

when a specific product item is needed but only a similar category or version is available, stock routing becomes crucial. It allows users to quickly create inventory by rerouting the available stock to meet immediate demands.

Backflushing

This an automated inventory management process where, upon recording the production of an output (finished product), the system automatically deducts the necessary input materials (raw materials, components) from inventory based on predefined bills of materials (BOMs).

Inventory Ageing with Notifications

Shelf life management tracks product expiration and sends alerts for aging inventory, enabling proactive management and actions like promotions to minimize losses from expired goods.

Reorder and Reminder Level Alerts

Reorder and reminder alerts ensure timely replenishment, preventing stockouts and maintaining optimal levels. This proactive approach also reduces costs by avoiding emergency orders and enabling better supplier deals.

“After completion of mammoth task of taking demo of available ERPs in Market I found Expand ERP is best suited for Exports of Auto Spare Parts and moreover its interface and functionality is user friendly to speed up tasks.”