Name: MDIT inventory
Price: 9 USD
Author: MicroDreamIT

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The MDIT Inventory Management Software, developed by MicroDreamIT, is a solution aimed at automating and streamlining inventory management processes for businesses. According to the vendor, this software is designed to cater to small to large-sized companies across various professions and industries, including retailers, wholesalers, distributors, manufacturers, e-commerce businesses, retail stores, warehouses and distribution centers, manufacturing companies, and service-based businesses.

## Key Features

**Dashboard**: According to the vendor, the software provides an overview of business performance, including purchase, sales, and expenses, with a user-friendly interface for efficient inventory management.

**Warehouse Management**: The software allows the creation and management of multiple warehouses, providing real-time tracking of inventory levels, locations, and movements. According to the vendor, barcode scanning is supported for accurate and efficient inventory management.

**Product Management**: The software enables the addition and management of products, including purchase orders and integration with vendors. According to the vendor, it also allows for tracking of order status and expected delivery dates.

**Customer Management**: The software facilitates the creation and management of customer profiles, including sales orders and integration with sales channels. According to the vendor, it provides tracking of order status and fulfillment progress.

**Supplier Management**: The software allows the creation and management of supplier profiles, with tracking of supplier performance and integration with supplier portals for efficient order placement and tracking. According to the vendor, it helps in managing supplier relationships.

**Category Management**: The software enables the creation and management of categories for products and expenses, with features such as demand forecasting and automatic reorder point calculation. According to the vendor, it also helps in identifying slow-moving and obsolete items.

**Product Sale**: According to the vendor, the software provides a user-friendly interface for recording sales, including customer selection, discounts, product selection, quantity specification, and notes.

**Product Purchase**: The software offers a user-friendly interface for recording purchases, including supplier selection, discounts, product selection, quantity specification, and notes. According to the vendor, it helps in managing purchase transactions.

**Brand Management**: The software allows the creation and management of product brands, including name and description.

**Purchase and Sale Reports**: The software provides detailed reports on purchase and sale transactions, including supplier/customer details, product information, transaction types, quantities, prices, discounts, and debit/credit balances. According to the vendor, these reports can be used for analysis and record-keeping purposes.

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Inventory management systems are built to handle every stage of the inventory process lifecycle. There are several essential components to most inventory management solutions, starting with order entry capabilities to handle purchase automation. Another standard feature: inventory control and warehouse management to track products and manage workflows through warehouse management. Inventory management systems also typically include distribution capabilities for supply chain management. Fully-featured inventory management systems may also include integrations with customer lifecycle service management, enterprise resource planning software, and robust financial analysis and insights.

Inventory Management

MicroDreamIT

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Serial number and batch tracking

Track individual items via serial number or batches of items made or purchased at the same time in addition to total stock of item types.

Barcode scanning

The software offers UPC creation and scanning capabilities or integrations for tracking inventory.

Automation rules

Rules can be established to automate reordering items, applying tags to organize inventory, creating production orders, shipping items via specific carriers or methods, and more.

Reporting and analytics

Reports about historic and current inventory and order trends are available.

Fulfillment

When orders are received, pick orders are sent to the ideal location and fulfillment status can be tracked.

Backorder management

Backorders are prioritized and fulfilled as new stock arrives.

Returns management

Returns are processed and accounted for among orders and inventory.

Bill of materials management

The software can create and manage BOMs based on orders.

Item kitting

Items can be bundled and sold together in a kit, and the software will automate the necessary tracking and fulfillment steps to manage each individual item.

Invoicing

Invoices for orders can be created and sent, and invoices from suppliers can be managed.

Forecasting

The software predicts future inventory and order trends, and may offer reordering and production suggestions based on these predictions.

Accounting integration

The software integrates with accounting software for more comprehensive bookkeeping.

Point of sale integration

The software integrates with a point of sale system for payment processing.

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MDIT inventory

Overview

What is MDIT inventory?