Managing Stock Levels

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