Warehouse & Inventory

Manage your inventory across multiple warehouses with comprehensive tracking and control

Warehouse & Inventory

Overview

The Warehouse & Inventory module in Custojo provides a comprehensive solution for managing your inventory across multiple warehouse locations. This powerful module helps you track stock levels, monitor product movements, optimize inventory levels, and ensure you have the right products in the right place at the right time.

Note:

The Warehouse & Inventory module serves as a central hub for all inventory-related activities, making it easier to manage your supply chain and maintain optimal stock levels.

Key Features

  • Multi-Warehouse Management: Manage inventory across multiple warehouse locations
  • Inventory Tracking: Monitor stock levels and product movements in real-time
  • Stock Transfers: Transfer inventory between warehouse locations
  • Barcode Scanning: Use barcode scanning for efficient inventory management
  • Low Stock Alerts: Receive notifications when inventory falls below threshold levels
  • Batch & Serial Tracking: Track products by batch or serial number
  • Inventory Adjustments: Make and track inventory adjustments with reasons
  • Inventory Valuation: Calculate inventory value using different methods (FIFO, LIFO, etc.)
  • Inventory Reports: Generate detailed reports on inventory status and movements
  • Warehouse Organization: Organize warehouses with locations, zones, and bins
  • Inventory Forecasting: Predict future inventory needs based on historical data
  • Inventory Optimization: Identify optimal inventory levels to minimize costs

Warehouse & Inventory Features

Inventory Tracking

Monitor stock levels and product movements in real-time.

Tracking Features:

  • Real-time inventory levels
  • Product movement history
  • Batch and serial number tracking
  • Expiration date tracking
  • Low stock alerts and notifications
  • Inventory valuation
  • Inventory turnover analysis
  • Barcode scanning integration
  • Inventory adjustments with reason codes
  • Inventory audit trails

Inventory Management Workflow

1

Set Up Warehouses

Create and configure warehouse locations with zones, aisles, and bins.

2

Add Products

Add products to inventory with initial stock levels and locations.

3

Receive Inventory

Record receipt of new inventory from vendors or production.

4

Manage Stock Levels

Monitor and adjust stock levels as needed.

5

Transfer Stock

Move inventory between warehouse locations as required.

6

Fulfill Orders

Pick, pack, and ship products to fulfill customer orders.

7

Conduct Inventory Counts

Perform regular inventory counts to ensure accuracy.

Inventory Tracking Methods

The Warehouse & Inventory module supports various inventory tracking methods:

  • Basic Inventory: Track overall quantity of each product
  • Batch Tracking: Track products by production batch or lot number
  • Serial Number Tracking: Track individual items with unique serial numbers
  • Expiration Date Tracking: Monitor products with expiration dates
  • FIFO (First In, First Out): Track inventory based on order of receipt
  • LIFO (Last In, First Out): Track inventory based on most recent receipts
  • Average Cost: Track inventory using average cost method
  • Specific Identification: Track each item individually with its specific cost

Warehouse Organization

Organize your warehouses efficiently with hierarchical location structures:

  • Warehouses: Physical buildings or storage facilities
  • Zones: Sections within warehouses (e.g., cold storage, bulk storage)
  • Aisles: Pathways between storage areas
  • Racks: Storage structures within aisles
  • Shelves: Horizontal divisions within racks
  • Bins: Specific storage locations on shelves
  • Location Codes: Unique identifiers for each storage location
  • Location Types: Categories for different types of storage locations
  • Location Capacity: Maximum storage capacity for each location
  • Location Restrictions: Product-specific storage location rules

Integration with Other Features

The Warehouse & Inventory module integrates seamlessly with other Custojo features:

  • Product & Service Management: Link inventory to product catalog
  • Purchase Management: Update inventory when purchases are received
  • Sales Management: Reduce inventory when sales are made
  • Point of Sale (POS): Real-time inventory updates from retail sales
  • Manufacturing: Track raw materials and finished goods
  • Accounting Management: Automatically update accounting records
  • Reporting: Generate detailed inventory and warehouse reports

Best Practices

  • Set up a logical warehouse organization structure
  • Use consistent naming conventions for locations
  • Implement barcode scanning for accuracy and efficiency
  • Set appropriate reorder points and safety stock levels
  • Conduct regular inventory counts
  • Train staff on proper inventory procedures
  • Monitor inventory turnover and slow-moving items
  • Analyze inventory data to optimize stock levels
  • Implement cycle counting for continuous inventory accuracy
  • Regularly review and update inventory policies

Inventory Reporting

The Warehouse & Inventory module includes powerful reporting capabilities:

  • Inventory Status: Current stock levels by product and warehouse
  • Inventory Valuation: Value of inventory using different methods
  • Inventory Movement: History of inventory receipts, transfers, and sales
  • Low Stock: Products below reorder point or safety stock level
  • Excess Stock: Products with higher than optimal inventory levels
  • Slow-Moving Items: Products with low turnover rates
  • Inventory Aging: Analysis of how long items have been in inventory
  • Warehouse Utilization: Space utilization by warehouse and zone
  • Transfer Analysis: Summary of inter-warehouse transfers
  • Inventory Accuracy: Comparison of physical counts to system records

For more information on setting up and configuring the Warehouse & Inventory module, see the Warehouse Setup Guide guide.