Reckoner Inventory

The extensive functionality of Reckoner Inventory Management makes possible the successful planning and control of your inventory flow. Reckoner Inventory Management maintains an archive of the entire stock transactions taking place, providing the company real-time information on inventory levels across units.

Reckoner Inventory Management comprises of:

Stock Management

Comprehensive stock tracking across multiple locations with real-time inventory levels and automated stock replenishment alerts.

Warehouse Operations

Complete warehouse management with bin location tracking, pick and pack operations, and efficient space utilization.

Item Master

Comprehensive item database with detailed specifications, categorization, and multi-unit of measure support.

Stock Valuation

Multiple valuation methods including FIFO, LIFO, and weighted average for accurate cost calculation and financial reporting.

Stock Movements

Track all inventory transactions including receipts, issues, transfers, and adjustments with complete audit trail.

Reorder Management

Automated reorder point calculations with lead time consideration and supplier management for timely procurement.

Batch & Serial Tracking

Complete traceability with batch and serial number tracking for quality control, expiry management, and regulatory compliance.

Multi-Location Support

Manage inventory across multiple warehouses, branches, and locations with inter-location transfer capabilities.

Reckoner Inventory-Features

Stock Control
  • Multi-level item categorization and classification
  • Barcode integration for quick item identification
  • Real-time stock level monitoring
  • Automatic stock alerts and notifications
Warehouse Management
  • Multi-location and multi-bin management
  • Goods receipt and dispatch tracking
  • Put-away and pick list generation
  • Cycle counting and physical inventory
  • Inter-location stock transfers
Item Master Management
  • Comprehensive item attributes and specifications
  • Multiple units of measure support
  • Batch and expiry date tracking
  • Serial number management
  • Kit and assembly item support
  • Vendor and customer item cross-references
Stock Valuation & Costing
  • FIFO, LIFO, and weighted average costing methods
  • Standard and actual cost tracking
  • Landed cost calculation and allocation
  • Cost variance analysis and reporting
Procurement Integration
  • Purchase requisition generation
  • Vendor management and performance tracking
  • Lead time management and supplier reliability
  • Quality control and inspection processes
  • Goods receipt note (GRN) processing
  • Purchase return and rejection handling
Inventory Analytics
  • ABC analysis for inventory optimization
  • Fast/slow moving inventory analysis
  • Stock aging and dead stock reports
  • Inventory turnover ratio calculations
Quality Control
  • Quality inspection and testing workflows
  • Quality certificates and compliance tracking
  • Non-conformance reporting and corrective actions
  • Batch recall and traceability
Mobile Access
  • Mobile barcode scanning capabilities
  • Real-time inventory updates from mobile devices
  • Mobile approval workflows
  • Offline mode support for warehouse operations
Standard Reckoner Features
  • Online Authorization of Documents
  • True Workflow based system
  • In built Mail system
  • Alerts can be set in the system to monitor exception
  • Ensures people access only the information they need and are authorized to access