Mastering Stock Control with Empowered Market Responsiveness
In response to evolving customer demands, ViTWO ai recognises the paramount importance of organisational efficiency. The system ensures a seamless and efficient material management process, fortifying your supply chain against gaps, shortages and wastage.
How ViTWO ai Material Management makes planning easier?
➙ Streamline the addition of items, covering Trading, Manufacturing, Raw Materials, and Semi-Finished Goods.
➙ Intuitive grouping and sub-grouping of items for organised inventory management.
➙ Implement an efficient approval mechanism.
➙ Seamlessly send Requests for Quotation (RFQs) to existing and new vendors.
➙ Automate Purchase Requests triggered by delivery, eliminating manual entries.
The ability to meet market demands swiftly hinges on maintaining optimal stock levels. ViTWO ai automates material management and procurement, offering numerous benefits.
Material Management Key Features
Effective inventory management depends on material requirements planning, which helps to balance inventory levels and avoid stock-outs that lead to production disruptions, late shipments, added costs, and poor customer service
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GRN Made Smarter
Invoice-based GRN facilitated by AI technology
Secure GRN through PO numbers, preventing duplicate entries with an effective locking mechanism
Trading item barcoding and MRP inclusion during GRN
Bulk upload for multiple invoices GRN and deficit amount tagging for discrepancies
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Efficient Stock Reporting
Directly view purchased stock levels for informed decision-making
Simplify stock transfers between storage locations
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Versatile Document Handling
Acceptance of various document file types, including JPG, PDF, and PNG
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Vendor Collaboration Simplified
All communication with vendors is streamlined through the Partner App, Email, and WhatsApp
Frequently asked questions about Material Management
Easily add items for Trading, Manufacturing, Raw Materials, and Semi-Finished Goods with a dynamic process.
Yes, ViTWO ai allows grouping and sub-grouping of items for efficient and organised inventory management.
ViTWO ai offers an Approval Mechanism where you can send Requests for Quotation (RFQs) to both existing and new vendors. If PR is auto-triggered from delivery, manual entries are unnecessary; you can directly choose a vendor and send the Purchase Order (PO).
The benefits are Enhanced Inventory Management, Minimised Losses, Time and Labor Optimisation, Wastage Prevention, Cost Reduction, Improved Efficiency and Transparent Operations.
ViTWO ai allows you to directly view purchased stock levels and facilitates easy transfers between storage locations for streamlined inventory control.