Inventory

BusinessBid is a robust e-procurement system for your business. Convenient requisitioning, strategic sourcing and automated purchasing, All in one place.

eProcurement Software solution, eSourcing Tool, eAuction Tool, procure to pay

Inventory

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Inventory management is an extremely crucial part of business procurement. Since it allows you to handle the entire process of maintaining the history of goods, managing and restocking, keeping a track record of items that are in stock, out of stock, and so on.

It helps in cost control and also helps in knowing what you have, what is needed, and how to manage the inventory items you have. But that’s not it. There is so much more you can do with our e-procurement inventory feature. Take a look:

How does it Work?

  • You can adjust the stock level by adding the items, removing them, and transferring them to the other location
  • You can get location wise stock count report
  • Set the low stock alert when the item reaches the minimum stock count level
  • View the stock re-order report to see the stock available in a particular branch along with the low-stock level check
  • Mark the inventory items as in-stock, out-of-stock, in repair, or damaged.
  • The inventory log is a centralized hub where you can get each detail of even the slightest change in inventory. Thus, everything is available on a single inventory dashboard.

What You Can Achieve Using RFI?

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  • will be distracted by the readable content
  • The point of using Lorem Ipsum

One platform to control and manage 100% of your company’s purchasing & payments

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