FAQs

Frequently Asked Questions

Inventory management is the process in which companies track which and what quantity of stock they have in stock to re-order and when. It occurs all the way through from purchase to sale of goods.

The primary function of inventory management is to ensure that whatever materials/goods that are necessary to operations are accessible and available whenever needed, and that there will never be a shortfall or significant excess either i.e. no stock-outs or overstocking.

Warehouse management includes the organising of the space in the warehouse itself, scheduling labour, managing the inventory levels (count, optimal re-order of stock based on sales), and managing procurement ( receive, validate POs against actual goods-in, Inspect,Put Away in the right shelves/racks) order processing ( transfers, pick, pack, dispatch, returns) and many more.

Order management is the process of tracking and managing customer orders (B2B and B2C - In- store , Online) from the time they are placed until they are delivered. Order management systems (OMS) are software programs that help businesses automate and streamline this process, providing a central database where order information can be stored and accessed. Businesses can improve their customer service, optimise their inventory levels, and streamline their operations.

Customer orders can either be fulfilled, not fulfilled or partially fulfilled ( with back orders). Each scenario has a direct impact on customer experience and therefore repeat business. Order processing is critical as it impacts the inventory and warehouse management functions directly. For every customer, B2B or B2C - a strong order management system ensures the WMS to run more efficiently and accurately.

Order management is the process of tracking and managing customer orders (B2B and B2C - In- store , Online) from the time they are placed until they are delivered. Order management systems (OMS) are software programs that help businesses automate and streamline this process, providing a central database where order information can be stored and accessed. Businesses can improve their customer service, optimise their inventory levels, and streamline their operations.

Customer orders can either be fulfilled, not fulfilled or partially fulfilled ( with back orders). Each scenario has a direct impact on customer experience and therefore repeat business. Order processing is critical as it impacts the inventory and warehouse management functions directly. For every customer, B2B or B2C - a strong order management system ensures the WMS to run more efficiently and accurately.

Stockontrol™ is an integrated Order Management, Inventory and Warehouse Management platform on the cloud. It comes with a web-admin module bundled with a Mobile app and an RFID feature that automates several processes within your current operations accurately.

Stockontrol automates your WMS system end-to-end from:
1. Fast reconciliation of Goods-in against actual purchase order, accurately and in real-time, through automation
2. Automating receipt, put-away, track and trace, reconcile stock and other mundane, manual, time-consuming processes, accurately and in real-time
3. Reducing labour costs in performing physical stock take, track, trace, reconcile, pick, pack, dispatch, handling returns for Sales Orders and streamlining procurement functions

Visibility of inventory and lack of operational controls are two major challenges that businesses are facing in modern times. Stockontrol™ is a powerful, innovative yet affordable system that offers the ability for your business to seamlessly handle your Orders (Purchase and Sales), Products (including Brands), Inventory and Warehousing functions. It is one of the few platforms in the world enabled with UHF RFID to automate and simplify your day to day warehouse operations.

Stockontrol™ includes features such as Orders (Purchase Orders, Sales Orders), Products/SKUs: Products, Brands, Suppliers, Customers, real-time Inventory and Warehousing functions.

Stockontrol™ offers up to 95% efficiency and cost savings in mundane manual activities in your warehouse management functions delivering unprecedented labour efficiency and cost savings.

Any Manufacturing, Consumer Goods and Retail, Food and Beverage, Furniture, 3PL, Wholesale Distributors, e-commerce businesses, Educational institutes, Retail chains, Healthcare and pharmaceuticals are some of the businesses that can use Stockontrol™

Stockontrol™ is available in innovative commercial and licensing options. There is a one-time cost for Stockontrol™ with an annual AMC for a One-time Perpetual License cost. If you rather choose a monthly subscription model, you only pay a recurring monthly fee with a one-time set-up fee.

Stockontrol™ holds information about your Products, Brands, Suppliers, Purchase orders, Customers (B2B & B2C), Sales Orders, and real-time SKU-wise Inventory information.

Yes. Stockontrol™ is 100% GDPR compliant.

Stockontrol is a platform that can be used by customers across a variety of industries. We provide new builds based on the common requirements across several industries to enable easy configuration - rather than customisation.

Speed, accuracy of data and up to 95% labour savings in time and costs is what differentiates Stockontrol™ to other systems.

Integration is easily and rapidly possible through either APIs or flat-files or CSVs.

Click on the short video to see how it works.

Contact us here to tell us more about what you are looking for. One of our experts will guide you all the way.