Last updated: March 10, 2026
Inventory Management

Know Exactly What's in Stock, Where, and When to Reorder

Stop guessing your stock levels. ERPDrive gives you real-time visibility into raw materials, WIP, and finished goods across every warehouse, store, and shop floor location. Automated reorder alerts, batch traceability, and accurate stock valuation come built in.

The Problem

Inventory Chaos That Costs You Money Every Day

Whether you run a 50-person shop in Rajkot or a 500-person plant in Pune, these inventory problems sound familiar.

Stockouts That Halt Production

Production stops because a critical raw material ran out and nobody noticed. The store keeper says there is stock, but the physical count does not match the register. By the time the purchase team sources the material urgently, you have lost two days of production and the customer is calling for delivery status.

Overstocking That Blocks Working Capital

Without clear consumption data, the purchase team buys extra to be safe. The result is a godown full of slow-moving steel grades, rubber compounds, and fasteners that were bought six months ago and may never be used. Your working capital is tied up in inventory that is not moving.

No Real-Time Visibility

The owner asks how much stock is on hand, and the answer takes two hours because someone has to physically go count items in the godown. Stock registers are updated at the end of the day, if at all. Nobody knows the real stock position until the monthly physical inventory count.

The Solution

How ERPDrive Brings Order to Your Inventory

Every stock movement tracked in real time, across every location, with automated alerts and accurate valuations.

Real-Time Stock Dashboard

See current stock levels for every item across all locations on a single dashboard. Filter by warehouse, material type, stock status (available, reserved, in QC hold), or value. Know your exact inventory position at any moment without calling the store keeper.

Automated Reorder Alerts

Set reorder points and safety stock levels for every item. ERPDrive monitors stock levels continuously and triggers alerts when items drop below the threshold. Auto-generate purchase indents so the procurement cycle starts before you run out.

Batch & Serial Number Traceability

Track every item by batch number (for raw materials) or serial number (for finished goods). Trace a finished product back to the exact raw material batch, supplier, and incoming inspection record. Essential for quality audits and customer complaint resolution.

Multi-Location Transfers

Transfer materials between warehouses, stores, and shop floor locations with full documentation. Every transfer generates a stock transfer note with from/to locations, quantities, and approval records. No more unexplained stock discrepancies.

See Inventory Management in Action

A clear, real-time view of your entire inventory across all warehouses and store locations.

app.erpdrive.in/inventory/stock
Inventory Management
Live
JM
Total SKUs
1,450
↑ 23 new items
Stock Value
₹48.3L
↑ ₹2.1L this month
Low Stock Alerts
7
↓ Reorder needed
Warehouses
3
All synced
Stock Levels 7 Alerts
Item CodeMaterialOn HandReorder PtLevelStatus
RM-4501EN8 Steel Rod Ø252,400 kg500 kg
Healthy
RM-4502Alloy Steel 20MnCr5820 kg300 kg
Healthy
RM-4503Cast Iron GG25150 kg200 kg
Low Stock
RM-4504Bearing SKF 6205340 pcs100 pcs
Healthy
GRN #892 500kg EN8 Steel received

Key Inventory Management Capabilities

Complete control over your raw materials, work-in-progress, and finished goods inventory.

Multi-Warehouse Stock Tracking

Track stock across unlimited warehouse locations: main godown, raw material store, WIP area, finished goods warehouse, QC hold area, rejection store, and vendor locations for job work.

Reorder Point & Safety Stock

Define minimum stock levels, reorder points, maximum stock limits, and reorder quantities for each item. Get automated alerts and auto-generated purchase indents when stock drops below thresholds.

Stock Valuation (FIFO, Weighted Avg, Standard)

Choose from multiple valuation methods. Generate stock valuation reports for any date, location, or item category. Values integrate directly with financial accounting for accurate balance sheet reporting.

Goods Receipt & Issue Notes

Record every stock movement with goods receipt notes (GRN), material issue slips, stock transfer notes, and return notes. Each transaction captures who, when, why, and the exact quantities involved.

Physical Stock Count & Reconciliation

Conduct physical inventory counts by location or item category. ERPDrive generates count sheets, records physical quantities, and highlights variances. Approve adjustments with full audit trail.

ABC & XYZ Analysis

Automatically classify inventory by value (ABC) and consumption pattern (XYZ). Focus your attention on high-value, fast-moving items while setting appropriate control levels for every category.

Slow-Moving & Dead Stock Reports

Identify items that have not moved in 30, 60, 90, or 180 days. Take action on dead stock before it becomes a write-off. Track inventory aging to manage working capital effectively.

Material Reservation for Production

When a production order is confirmed, required materials are auto-reserved in inventory. This prevents the same stock from being allocated to multiple orders and ensures materials are available when production starts.

Works Seamlessly With

Inventory touches every part of your manufacturing operation. These modules depend on accurate stock data.

Frequently Asked Questions

Common questions about ERPDrive's inventory management module.

Yes. ERPDrive supports unlimited warehouse and store locations. You can track stock in your main raw material godown, WIP stores, finished goods warehouse, rejection area, and even at vendor locations for job work. Each location maintains its own stock ledger, and inter-location transfers are tracked with full traceability.

Yes. You can track inventory by batch numbers for raw materials like steel grades, rubber compounds, and chemicals, or by serial numbers for finished components. This enables full traceability from incoming raw material to finished product dispatch, which is essential for IATF 16949 compliance and customer complaint resolution.

You set minimum stock levels, reorder points, and reorder quantities for each item. When stock drops below the reorder point, ERPDrive automatically generates alerts and can create purchase indents. The system considers lead time, safety stock requirements, and average consumption rates to suggest optimal reorder quantities.

ERPDrive supports multiple valuation methods including FIFO (First In First Out), weighted average cost, and standard costing. Stock valuation reports can be generated for any date, warehouse, or item category. This integrates directly with your financial accounting for accurate balance sheet reporting and GST compliance.

Take the Next Step

📊
Case Studies
See how manufacturers achieved 32% cost savings
💰
Pricing Plans
Starting at ₹15,000/month — all modules included
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ROI Calculator
Calculate your projected savings in 90 days
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5-Day Go Live
See our implementation timeline — no long waits

Ready to Streamline Your Inventory Management?

See how ERPDrive can give you real-time visibility into every item, every location, and every stock movement in your factory.

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