Inventory Management System
Keeping track of inventory can be one of the trickiest parts of running a business — whether it’s a retail shop, a warehouse, a manufacturing unit, or an online store. Between managing what’s in stock, avoiding overselling, and knowing when to reorder, things can easily get out of hand without the right system in place.Working with an Offshore Software Development Company can make this easier.
That’s where a smart inventory management system makes a real difference. By giving you real-time visibility, automation, and easy-to-use dashboards, it helps reduce waste, improve order accuracy, and keep operations smooth — even as your business grows.
At YES IT Labs, we are Odoo Partners and develop intelligent, scalable inventory solutions tailored to the needs of growing businesses. From managing multiple warehouses to syncing with sales platforms and automating reorders, we help you take full control of your stock — without the stress. Whether you’re just getting started or need to modernize your current system, we build tools that are fast, flexible, and ready to scale.
Benefits of an Inventory Management System
- Complete Stock Clarity
Track inventory across all storage points from one central place. - Live Stock Monitoring
Instant updates when items are added, sold, or moved. - Low-Stock Warnings
Get alerts before you run out, not after. - Fast Scanning
Built-in support for barcode and QR code tracking. - Multi-Location Management
Easily manage stock in more than one store or warehouse. - Auto-Restock Settings
Let the system handle reordering based on your rules. - Custom Reports
Download insights on sales, stock trends, and supplier performance.
Inventory Management System- Product Control
- Add Products by Type or Category
- Track Item Variants (color, size, model, etc.)
- Barcode & QR Code Auto-Generation
- Batch Tracking & Expiry Alerts
- Warranty & Return Management
- Inventory Handling
- Manual & Automated Stock Updates
- Overview of Available, Reserved, and Damaged Items
- Warehouse-to-Warehouse Transfers
- Real-Time Stock Reconciliation
- Returned Goods Logging
- Supplier & Purchase Flow
- Vendor Profiles & Contact Records
- Easy Purchase Order Creation
- Order Receipts & Confirmation Logs
- Automatic Restocking Based on Sales
- Vendor Ratings & Notes
- Sales Order Fulfillment
- Reserve Stock for Incoming Orders
- Track Packing & Shipping Status
- Sales Order Entry & Management
- Flag Out-of-Stock or Backordered Items
- Assign Orders to Warehouses for Fast Shipping
- Payment & Invoicing
- Connect Cards, Wallets, or Offline Methods
- Customize Tax Rules per Region
- Generate & Send Branded Invoices
- Create Credit Notes or Partial Payments
- Multi-Currency Compatible
- User Profile & Access
- Staff Profiles with Role-Based Access
- Add Default Warehouses & Delivery Addresses
- Download Reports Anytime
- Set Access Levels for Teams
- Notification Center with Read Receipts
- User Activity Monitoring
- Advanced Tools & Add-ons
- POS & ERP Compatibility
- API Access for Custom Software Links
- CRM, Accounting & eCommerce Sync
- Warehouse Maps via Google Maps API
- Mobile Barcode Scanning Support
- Email & SMS Updates
- Shopify, WooCommerce, Magento Integrations
Admin Panel- End-to-End Inventory Supervision
- Product & Category Management Tools
- Vendor & Purchase Oversight
- Warehouse & Location Controls
- Staff Role & Access Management
- Price Configuration with Tax & Discount Settings
- Create & Manage Offers or Coupons
- In-Depth Reports on Sales, Stock, and Revenue
- Full System Settings with Backup & Restore
FUNCTIONAL AREA OF INVENTORY MANAGEMENT SYSTEM