Name: Shivit Inventory Control Management System
Author: Shivit Technologies

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The Shivit Inventory Control Management System is a software solution designed to efficiently manage and control inventory for businesses of all sizes. According to the vendor, this tool caters to a wide range of professions and industries including manufacturing, construction, logistics & warehouse, supply chain & distribution, and e-commerce. With its robust features and customizable solutions, Shivit Inventory Control Management System aims to streamline inventory management processes and enhance overall operational efficiency.

## Key Features

**Supply Chain Management**: According to the vendor, the system allows users to track and manage inventory levels across the supply chain, improving visibility and transparency. It also claims to automate and streamline procurement and sourcing processes.

**Inventory Management**: The vendor states that the system enables real-time tracking and management of inventory levels. It claims to generate accurate inventory reports and analysis, automate replenishment processes, and implement barcode scanning for efficient tracking.

**Procure to Pay**: The vendor claims that the system automates the entire procurement process from purchase requisition to payment. It aims to streamline vendor management and communication, generate purchase orders, manage vendor invoices, implement approval workflows, and ensure compliance with procurement policies.

**Customized Solutions**: The vendor states that the software can be tailored to meet specific business requirements by customizing workflows, fields, and reports. It claims to offer integration with existing systems and software, as well as personalized dashboards and user interfaces.

**Trading ERP**: According to the vendor, the system allows users to manage and track trading operations, including sales, purchase, and inventory. It claims to monitor and analyze sales performance and profitability, automate order processing and invoicing, and integrate with e-commerce platforms and marketplaces.

**Manufacturing ERP**: The vendor claims that the system can streamline and automate manufacturing processes by managing production planning, scheduling, and resource allocation. It aims to track and analyze production costs and efficiency, as well as implement quality control and traceability measures.

**Construction Management**: According to the vendor, the system helps manage construction projects, resources, and financials. It claims to track project progress, manage timelines, monitor and control project costs and budgets, and generate project-specific reports and documentation.

**Sales Force Automation**: The vendor states that the system automates sales processes and activities. It claims to track and manage leads, opportunities, and customer interactions, generate sales forecasts and reports, and provide mobile access for sales representatives in the field.

StockIQ is a supply chain planning suite developed for distributors and manufacturers by industry practitioners, with the goal of helping users to improve forecast accuracy, and reduce inventory levels, while providing unmatched service to customers.

StockIQ Technologies

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Shivit Inventory Control Management System

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

Shivit Technologies

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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Shivit Inventory Control Management System

Overview

What is Shivit Inventory Control Management System?