Inventory management is the process of efficiently tracking and controlling stock held in the warehouse. Once cargo arrives, goods are recorded, assigned product identifiers or barcodes and allocated to storage locations.
From the moment goods are checked and entered into the system, their movements can be recorded and tracked.
Real-time inventory tracking
While your goods are stored with us, you can receive access to inventory information through the warehouse management system. This allows remote visibility of stock levels, including:
- How many units of a specific product are currently available.
- How many units are reserved for orders that have been received but not yet dispatched.
- Which products have reached a critical stock level and may need replenishment.
- An order history showing who received what, where and when.
Process
1. Goods receipt and registration
Arriving goods are checked, registered in the WMS and linked to the relevant product codes.
2. Storage-location assignment
Specific storage locations are assigned according to product characteristics and warehouse logic.
3. Inventory tracking
Each movement is recorded in the system so the client can see current stock levels.
4. Reservation for orders
When orders are received, the required quantities are reserved so the same stock is not allocated to multiple orders.
5. Replenishment planning
Stock levels and sales velocity can be used to identify critical quantities earlier and plan replenishment.
Goods receipt and registration
Inventory tracking
Replenishment planning
Storage-location assignment
Reservation for orders
- 1
Goods receipt and registration
- 2
Storage-location assignment
- 3
Inventory tracking
- 4
Reservation for orders
- 5
Replenishment planning
Advantages
Control of goods flows
By seeing and tracking inventory, you can manage goods flows more effectively and optimise the wider supply chain.
Avoiding stockouts
Real-time stock visibility helps reduce out-of-stock situations because you can see how much inventory remains and plan replenishment earlier.
What is a WMS?
FAQ
The system can support minimum or critical-stock thresholds for individual products. When stock reaches the defined level, the business can be notified so replenishment can be planned before inventory runs out, supporting continuity of sales or production.
Yes. Our WMS can support batch numbers, serial numbers and expiry dates. This allows warehouse strategies such as FEFO (First Expired, First Out) or FIFO (First In, First Out) to be applied where relevant for food supplements, cosmetics and other products with shelf-life or traceability requirements.
