Pakk Academy
  • Welcome to the Pakk Academy
  • School of ERP
    • Introduction to ERP Systems
    • Purchasing and Demand Planning
      • Demand Planning
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    • Sales Order Process
      • Line Concepts: VAT, Discounts, and More
      • Commitment of Stock
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      • Generating Invoices
      • Handling Credit Notes
      • Managing Payments
      • Payment Disputes and Adjustments
    • Inventory Management
      • Stock Movements and Adjustments
      • Stock-Takes and Cycle Counting
      • Managing Stock Levels
      • Handling Overstock and Deadstock
    • Bookkeeping and Accounting
      • Recording Transactions
      • Reconciling Accounts
      • Financial Reporting
      • VAT Reporting and Compliance
    • Integrating Business Functions
    • Practical ERP Workflow Examples
      • Purchase-to-Pay Process
      • Order-to-Cash Process
      • Inventory Lifecycle Example
    • Best Practices
  • eCommerce Advice and Tips
    • New Store Owners Have the Wrong Priorities
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  • The Maths of eCommerce
    • Markups and Margins
    • VAT Rounding
    • Stock Ordering Maths
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  1. School of ERP
  2. Inventory Management

Managing Stock Levels

PreviousStock-Takes and Cycle CountingNextHandling Overstock and Deadstock

Last updated 7 months ago

ERP systems help manage stock levels by automatically tracking stock movements and alerting users when it’s time to reorder based on predefined rules. This helps businesses maintain the right amount of inventory to meet demand without overstocking.

Stock Management Techniques:

  • Reorder Points: Automatic triggers when stock levels fall below a set minimum.

  • Min/Max Levels: Set minimum and maximum stock levels to optimize replenishment.

  • Safety Stock: Buffer stock kept to avoid stockouts during unexpected demand increases or supplier delays.

Stock Management in Pakk