Product Management
Item Master is a record that lists critical information about an inventory item or service. Items are classified into 3 Categories:
- Inventory Item
- Non-Inventory Item
- Services
Items can be grouped under various headings. Product groupings can help you analyze stocks based on brand, category etc. Our software supports multi-level grouping, upto ‘nth level’ and provides detailed analytics based the group, period, location, customers, agents and sales executives.
Item Master include information such as Name of the Items, Alias, Item Description, Cost of Goods, MRP, UPC (Product Code) and Minimum Stock (Reorder) Level, and Minimum order Quantity. You could also specify physical dimensions of products such as size and weight of the product. User defined fields allow you to add more information like Brand, Color etc. based on your business requirement.
Our ground-breaking business software, TEZ ERP®, helps in generating the below data for an effective Item Master Management:
- Sales for each month to identify seasonal products
- Customer wise sale
- Branch wise sale
- Regionwide sale with drill down
- Agent / Executive wise sale
Our software supports BAR CODES. You can use vendor bar-codes or generate your own bar-codes from the system. These can be used for creating invoices quickly or tallying physical inventory.
System has built-in intelligence to automatically populate information from masters. When you work on the particular item, you need not insert all the specifications required except for the quantity.
Built-in stock query system helps you track:
- Stock-in-hand
- Pending sales orders
- Indents Received
- Purchase orders in pipe-line
- Stock at each branch/godown
- Serial Nos / Batch Nos. in stock
- Group wise stocks
- Expiring products
- Item Aging Analysis
- Stock of other items in the same group
- Recent Purchases
- Recent Sales
- Top Customers
- Top Vendors
No more spreadsheets for tracking product serial number, TEZ BOOKS also provides Serial Number Tracking, a system from which you can track the individual units of the item right from its creation or purchase, through its sale.
With TEZ BOOKS you can create customer groups such as Distributor, Retailer, Consumer and specify price lists, i.e. price of each item for these groups. It also facilitates Rate Contract, where you supply material at a fixed price to specific customers, irrespective of its fluctuating market value. You can specify a normal price and specific price for customers under rate contract. When you create a sales order or a sales invoice for these customers, ERP automatically picks the rate based on the contract, simplifying data entry and saving time. You do not have to look for the manual paperwork to know the details.
For retailers TEZ BOOKS offers Point-Of-Sale (POS) system, which can be used for retail billing with barcodes. This also helps you create customer database without having to create a customer master. This can be used for analysing data, planning and marketing additional products.