Inventory, lots and purchasing

Units of measure and conversions

Goods are bought in cases, sold in units and sometimes in fractions.

Lots and expiry

Tracking batch numbers and expiry dates so the oldest stock goes first and a recall can be traced..

FEFO and FIFO

First-expired-first-out and first-in-first-out picking rules, chosen per product..

Recall trace

Finding every sale and every shelf unit that came from one supplier batch..

Variants and matrices

Size and colour or flavour variants of one product, each with its own barcode and stock..

Bundles and kits

One selling item that consumes several stock items..

Recipes and bills of materials

A list of ingredients or components consumed when something is made or sold..

Stock counts and cycle counts

Counting all or part of the stock to find differences, often by section on a rotating schedule..

Purchase orders and receiving

Ordering from suppliers, receiving against the order and recording differences..

Transfers between locations

Moving stock between stores, rooms or vehicles with in-transit status..

Waste and shrink

Recording damage, theft and spoilage with reasons so patterns appear..

Reorder points

Suggesting what to order from sales speed and minimums..

Barcodes and labels

Printing price and barcode labels, including those for weighed items..

Serial numbers and warranty

Tracking individual units for high-value goods and warranty periods..

Consignment stock

Stock owned by a supplier until sold, with settlement later..

Negative stock

Selling something the system believes is out of stock.