Every inventory movement—whether it’s receiving goods, moving them between warehouses, or fulfilling orders—needs to be tracked accurately in the ERP system. This ensures that inventory records remain up-to-date and allows businesses to maintain full visibility of stock levels.
Common Stock Movements:
Goods Receipt: Items received from suppliers are added to inventory.
Stock Transfers: Moving items between different warehouse locations.
Sales and Dispatch: Stock is reduced when items are sold and shipped to customers.
Adjustments: Manual corrections for discrepancies discovered during stock counts.