Inventory Management

Never lose money due to stock errors again

See exactly what you have in stock across every warehouse — updated the moment goods arrive or leave. No more guessing, no more surprise shortages, no more selling what you don't have. Costs are tracked automatically so your margins are always accurate.

Unlimited
Warehouses
Automatic
Cost Accuracy
4-Deep
Location Levels
Real-Time
Stock Updates
Key Features

What you can do

A detailed look at the capabilities included in this module.

Multi-Warehouse Support

  • Unlimited Warehouses
    Add as many warehouses as your operation requires — each with independent stock tracking and costing.
  • Location Hierarchy
    Organize space within each warehouse using a Zone > Aisle > Shelf > Bin hierarchy for precise put-away and picking.

FIFO Costing

  • Automatic Batch Creation
    Every goods receipt creates a new FIFO cost batch with the purchase price, preserving the exact cost of each intake.
  • Oldest-First Consumption
    When stock is issued or sold, the system automatically consumes from the oldest batch first, ensuring accurate COGS.
  • Auto Average Cost Recalculation
    Weighted average cost is recalculated in real time as new batches are received and old batches are consumed.

Batch & Lot Tracking

  • Expiry Date Management
    Assign expiry dates to batches for perishable goods — expired batches are flagged and excluded from availability.
  • Full Batch History
    Trace every batch from receipt through consumption with a complete audit trail of movements and adjustments.

Stock Movements

  • Movement Types
    Support for Receipt, Issue, Transfer, and Adjustment movement types covering every inventory scenario.
  • Document Lifecycle
    Every movement follows a Draft > Posted > Void lifecycle with full approval tracking and reversal capability.
  • Auto-Numbered Documents
    Movement documents are sequentially numbered for easy reference and gap-free audit trails.

Reorder Management

  • Reorder Points
    Set minimum stock levels per product per warehouse — the system flags items that fall below the threshold.
  • Low-Stock Alerts
    Automatic notifications when available stock drops below reorder point, enabling proactive replenishment.

Adjustment Reasons

  • Categorized Adjustments
    Every stock adjustment requires a reason code (damaged, expired, cycle count, etc.) for accurate variance reporting.

Real-Time Visibility

  • On Hand, Reserved & Available
    Three distinct quantity measures give you an instant picture: total on hand, reserved for open orders, and actually available to promise.

What OpsmatiQ automates

These happen automatically — no manual intervention needed.

  • Every time goods arrive, a cost batch is created automatically — your margins are always accurate.
  • Oldest stock is sold first so your cost of goods sold is always correct.
  • Average cost per item updates in real time as you buy and sell.
  • Low-stock items are flagged automatically so you can reorder before you run out.
  • Mistakes can be reversed with a single click — the system handles the accounting.
  • Reorder alerts tell you what to buy before customers ask for something you don't have.

Connected to other modules

Data flows seamlessly between modules — no manual handoffs.

  • Purchasing GRNs automatically create inventory receipt movements and FIFO cost batches.
  • Sales delivery notes trigger inventory issue movements with FIFO consumption and COGS journal entries.
  • Accounting receives real-time inventory valuation and movement postings for GL updates.
  • Catalog provides item master data, tax rates, and GL account assignments for every stock movement.

See Inventory Management in action

Book a personalized demo to explore this module with your own data.