Novamanager

Inventory Management


Inventory Management

A comprehensive approach to overseeing the flow of goods throughout your supply chain. Our inventory management services ensure optimal stock levels, reduce carrying costs, prevent stockouts, and improve order fulfillment rates.

By integrating smart inventory systems and best practices, we help streamline operations and boost profitability.

Tracking Inventory
We implement accurate and real-time inventory tracking systems that provide visibility across multiple locations. From barcoding and RFID to cloud-based software, our tracking solutions help monitor stock movements, reduce discrepancies, and enhance accountability across your operations.

Demand Forecasting
Using historical data, market trends, and predictive analytics, we forecast future demand with precision. This enables better planning for procurement, production, and stocking—helping you meet customer demand without overstocking or understocking.

Inventory Control
Our inventory control services focus on maintaining the right balance between inventory availability and cost-efficiency. We help set optimal reorder points, safety stock levels, and implement cycle counting procedures to keep your inventory accurate and under control.

Order Management
Streamline the entire order process—from order placement to delivery. We optimize order workflows, integrate order management systems (OMS), and ensure that your fulfillment operations are fast, accurate, and customer-centric. This reduces delays, improves customer satisfaction, and supports efficient logistics.

Inventory Valuation
Accurate valuation is critical for financial reporting and decision-making. We assist in applying appropriate inventory valuation methods (FIFO, LIFO, Weighted Average Cost, etc.) in compliance with accounting standards, ensuring correct cost of goods sold (COGS) calculations and balance sheet reporting.

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