Protect Your Business’ Assets with Inventory Management Software
Every business is different, and no two business owners are the same. However, many share a common challenge: staying organised while managing growth. That’s why it’s crucial to have an efficient inventory management system in place, allowing you to focus on expanding your business rather than putting out fires. Frameworks is an inventory management software designed to help businesses across various industries
What is inventory management?
Inventory management is crucial to any business – so it’s a good idea to get your head around what it is, and what it isn’t. Essentially, inventory management is all about making sure you’ve got enough stock, in the correct locations, priced and purchased at the right amount. Because this can quickly grow complicated with a growing inventory, many SMEs choose to use an automated inventory management software.
Frameworks is a comprehensive inventory management ERP system, offering everything you need and nothing you don’t.
What are the functions of inventory management systems?
Multi-Branch Stock Control
Frameworks’ multi-branch stock control allows you to manage inventory priced differently across various outlets. This flexibility includes multiple units of measure (UOMs) and suppliers while keeping a consistent SKU system.
Cost Flexibility
With Frameworks, you can value your products using average cost or standard/replacement cost. Set margins on replacement costs while handling sales transactions separately using average costing. This flexibility ensures precise financial tracking and streamlined operations.
Key Features of Frameworks Inventory Management Software
Efficient handling of timber tallies and lengths is vital for timber and hardware businesses. Frameworks lets you purchase, receipt, count, stock control, and sell timber by stick tally or pack. Split, dock, or break packs into loose stock, all managed seamlessly with our inventory software.
Access data from anywhere, anytime. Frameworks’ cloud-based ERP system allows warehouse managers to log in from mobile devices on the shop floor, or sales staff to check inventory while visiting customer sites.
With Frameworks, inventory updates happen in real-time. Receive constant updates from various departments, ensuring your business decisions are based on the most accurate and current data available. Frameworks’ multi-branch capacity also enables seamless stock transfers for optimal inventory utilisation.
Frameworks supports complex pricing structures, including integrated contract pricing, special buys, and supplier rebate tracking. With operator-defined pricing controls, you can ensure consistency and profitability across all transactions.
Automated Stock Replenishment
Stay ahead of demand with automated stock replenishment. Frameworks analyzes historical sales data to create suggested orders. Approve these orders, and they’re sent to suppliers with just a click.
Customisable Notifications
Frameworks includes automated notifications, which can be customised at every transaction level. Set preferences, and the system will handle the rest, keeping staff and customers updated with reliable inventory information.
