STOCK CONTROL AND INVENTORY

Take full control of your stock and inventory from purchase order to production and payment

Why use FMIS Stock and Inventory Management Software?

Effective inventory management software is essential to any business that manages production or tracks a lot of equipment and inventory. The Inventory Management module within our Asset Management software lets you track, order and manage inventory more efficiently. With real-time updates to stock levels combined with automated reorder levels, you can reduce costs and improve warehouse efficiency.

Benefits

Faster inventory audits

Complete audits faster and more accurately with integrated barcode scanning for any location.

Cost control

Reduce stock and inventory costs with improved purchasing and supplier controls.

Accurate reporting

Improve visibility with comprehensive reporting for all stock and inventory for management and operations.

Stock levels

Make sure that you have all the materials you need for any job when you need them with automated stock reorders.

Linked Solutions

Asset Tracking

Equipment Maintenance

Mobile

Barcode Tagging

Purchase to Pay

Purchase Orders

Sales Orders

Features

Key features

The FMIS Stock and Inventory Management Software delivers complete visibility of inventory and materials from purchase to pay.

✓ Multi-company inventory system
✓ Customisable workflows and approvals
✓ Simple imports and exports of inventory management data
✓ Customisable product and parts models within assemblies
✓ Full management and valuation of inventory materials
✓ Comprehensive work in progress inventory management
✓ Track and manage completed inventory
✓ Set default put-away locations within your warehouse management structure
✓ Automatically allocate inventory based on the type of demand
✓ Prevent expired or dead stock with inventory control
✓ Track and report on all stock movements
✓ Set minimum reorder and stock levels
✓ Auto-generate bulk purchase orders for replenishment
✓ Easily create bulk production work orders
✓ Record stock held at bulk, batch and serial level
✓ Create tracking id numbers for inventory
✓ Complete audits and stock adjustments faster
✓ Generate stock valuation postings to your finance system

Stock locations

✓ Create flexible product coding structures for supplier parts and your own part numbers
✓ Keep track of certifications and regulatory information
✓ Easily track the complete history of every inventory item
✓ Control default bin and put away options
✓ Attach images, documents or other files to any record in the inventory management software

Stock balance management

FMIS ensures more effective control within your inventory management system without the need for separate warehouse management software.

✓ Automatically manage minimum stock levels in your warehouse
✓ Easy view of demand and shortfall analysis
✓ Prevent excess costs with just-in-time reorder levels and production replenishment
✓ Easy analysis of materials planning
✓ Nominate default vendors and improve supply chain control

Serial or batch tracking

Deliver more efficient asset tracking for serialised assets and inventory as well as batched consumables.

✓ Show the full history of a batch or serial numbered items
✓ Create actions for despatch, shipping, repair and testing of items
✓ Easily manage movements from stock to fixed assets

Allocation, assignment and fulfilment

Improve the efficiency of fulfilment for warehouse inventory and production goods

✓ Create fully customisable pick lists and put away lists
✓ Customise and print shipping or customs documentation
✓ Manage returns from customers or to suppliers more efficiently with a full warranty and lifecycle history
✓ Track items in transit with a full shipping history audit trail

Stock movements

Monitor the location and status of any item within the FMIS Stock and Inventory Management Software.

✓ Easily adjust stock for any number of reasons such as write-offs, stock-takes, donations etc.
✓ Quickly allocate items to any job cost structure
✓ Faster stock takes and inventory counts
✓ Create workflows with flexible approvals
✓ Automate batch postings into your ERP or finance system
✓ Multi-warehouse location tracking

Reporting

Powerful reporting with out-of-the-box or bespoke reports for any user within the business

✓ Flexible financial reporting for finance and senior management
✓ Easily customise any report
✓ Base reports can be cloned, modified and customer-specific
✓ Link reports to specific workflows
✓ Get immediate visibility of key metrics with flexible and personalised dashboards

Who uses FMIS Stock and Inventory Control Software?

Our software is ideally suited to project-based environments such as engineering, procurement and construction (EPC) or firms with complex equipment and kitting or assembly requirements.

Use cases

Healthcare

FMIS provides comprehensive asset tracking and inventory management for healthcare providers. Our inventory management software allows users to check inventory levels in real-time

Made to order

FMIS Inventory Management Software is ideal for made to order manufacturing or assembly and kitting where inventory levels are driven by production demand and often project-based requiring end-to-end order management linked to warehouse management

Engineering

Engineering firms working with complex equipment can use FMIS Asset Tracking to track, maintain and assign assets and inventory faster and more efficiently.

Who we work with

“The support received both during and post-implementation has been excellent.”

Sandra RubenEssex Fire Authority

“FMIS makes managing our assets effectively a simple process. We can track all our assets across the group from a single system and generating reports is quick and simple, saving us time and effort.”

Nick VasiloTrammo, Inc.

“The FMIS system has been one of the most user-friendly systems I have ever used,”

Bina MistryDoncasters Ltd

“Great product, Superb value for money and excellent customer support.”

James VosePapworth Trust

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Customer Case Studies

Flexibility and integration

FMIS Stock and Inventory Management gives firms the flexibility to use our software in a way that best suits their business. Our solutions are available as either cloud-based (Saas) or installed on-premise. You can either use FMIS Software as a stand-alone system or integrate it with the wider range of FMIS software solutions or your existing accounting and ERP software. Integrating your lease management software cuts out data duplication and promotes a singular view of all lease accounting information. You can find out more about our software partners and integrations on our partners page.

IT Asset Management

With FMIS Asset Management Software, you can easily track IT hardware and other equipment with real-time updates to your asset register. Multi-level location tracking combined with barcode/QR code asset tags scanned via the mobile app makes it easy to manage hardware and track inventory levels. Customisable fields can record any data held against hardware.

Equipment Asset Management

FMIS allows companies to streamline their equipment asset management through greater visibility, efficient maintenance and simpler asset tracking. The asset tracking system records all asset data from purchase order to disposal out-of-the-box. Location tracking can pinpoint any asset quickly and asset tags identify assets faster.

Order Management

As part of the wider Asset Management Software, FMIS offers the ability to automatically replenish low-stock inventory with our order management module. Purchase orders are created automatically based on levels set in the inventory management software and approval workflows can be set for each purchase order. Preferred suppliers for each product item streamline supply chain management. Invoices can be matched using two-way or three-way matching ensuring that Accounts Payable to easily see when an invoice can be approved for payment.

Find out more

If you would like to learn more about FMIS Stock and Inventory Control Software, please contact us today.

FAQ

What is Stock and Inventory Management Software?

Stock and Inventory Management Software is a tool designed to help businesses efficiently manage their inventory and materials throughout their lifecycle. It tracks stock levels, optimises storage, streamlines procurement, and ensures accurate reporting for better decision-making. This type of software is vital for businesses aiming to reduce costs, prevent stock shortages, and maintain full visibility over their inventory operations.

Does the software support multi-warehouse management?

Yes, FMIS Stock and Inventory Management Software allows you to manage inventory across multiple warehouses. It includes features for setting default storage locations and tracking stock at batch, serial, or bulk levels.

How does barcode integration improve inventory management?

With barcode integration, the software enhances the accuracy and speed of stock audits. It simplifies tracking and ensures that stock assessments are fast and reliable.

What kind of reporting does the software provide?

The software offers detailed reporting on:

– Stock movements.
– Inventory valuation.
– Goods receipts
– Project assignment
– Replenishment reports
– And more

Is training provided for the users?

Yes, FMIS offers training to enable your team can use the system effectively, maximising its value.

How does FMIS ensure data security within the system?

FMIS follows industry best practices for data security, including encryption, role-based access control, and secure system integrations.

How much does FMIS Software cost?

Pricing depends on factors like the number of users, required modules, and deployment method. Contact us to discuss your needs and request a personalised quote using our contact form.