Inventory & Stock Management

Know What You Hold, and Which Warehouse Holds It

Quantity per location rather than one company total, a ledger that updates as goods are received, issued, transferred and adjusted, and an alert that arrives before the stock-out does.

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  • Multi-warehouse
  • Full stock ledger
  • Low-stock alerts
  • Stock where it actually is

    A total never tells you whether the depot can ship.

  • Every movement traced

    Receipts, issues, transfers and adjustments, each with a cause.

  • Warned, not surprised

    Reorder levels raise the alert before a customer does.

  • What it is worth

    Valuation and ageing, so you see the cash tied up.

Most stock problems are not shortages. They are not knowing.

Three gaps account for most of what a stockholding business loses, and none of them is a buying problem.

Unlocated

You know the total, not the place

One number across every warehouse hides the fact that the stock is in the wrong one.

Untraced

It was there last week

Goods move without an entry, so the count drifts and nobody can say which movement caused it.

Unnoticed

The stock-out arrives before the warning

Reorder levels live in a person's judgement, so a shortage is found by a customer, not a report.

Neome closes all three by holding quantity per place, making every movement an entry, and putting the threshold on the item.

Items and warehouses

A total is not the same as availability

Every item carries its category, unit, reorder level and safety stock, and its quantity is held per warehouse rather than as one figure. That is the difference between knowing you have four hundred bags and knowing whether the depot taking the order has any.

  • Reorder and safety stock
  • Multi-warehouse quantities
  • Category and unit on the item

Receiving

Receiving the goods is the stock entry

A goods receipt is raised against the purchase order, recording what was ordered, what arrived and what was rejected. Accepting it updates the ledger in the same action, so there is no second place anyone has to remember to update afterwards.

  • GRN against the order
  • Accepted and rejected recorded
  • Ledger updated in the same step

Transfers and adjustments

Stock cannot leave one book without entering another

A transfer moves quantity out of one warehouse and into another with a transit state in between, so nothing sits in neither. An adjustment for damage or a count difference is raised with a reason and waits for approval before it touches the ledger.

  • Inter-warehouse transfers
  • Transit state in between
  • Adjustments need approval

Alerts

The shortage announces itself

Reorder level and safety stock sit on the item, so falling below either raises a low-stock alert rather than waiting for someone to notice. The point is not the alert; it is that the threshold is a number the business agreed rather than a judgement made under pressure.

  • Low-stock alerts
  • Thresholds per item
  • Raised before the stock-out

Reporting

What the stock is worth, and what it is doing

Set a date range and every figure below it is bounded by those dates.

Stock valuation

What is tied up?

The value of what you hold, by warehouse and by category, which is the number the balance sheet asks for and the one nobody can produce from a shelf count.

Fast against slow moving

How much of it is working?

The split between stock that turns and stock that sits, so the working capital question is answered item by item rather than in aggregate.

Inventory ageing

What has sat too long?

Stock by how long it has been held, which is usually where the cash went and the first place to look when the balance and the shelf disagree.

All the features, done right

Item master

Category, unit, reorder and safety stock.

Multi-warehouse

Quantity per location, not one total.

Locations

Structured storage within a warehouse.

Stock ledger

Every movement, with its cause.

Goods receipt

GRN against the purchase order.

Transfers

Out of one book and into another.

Adjustments

With a reason, and an approval.

Low-stock alerts

Raised before the stock-out.

Stock valuation

What is tied up, and where.

Inventory ageing

What has sat too long.

Role-based access

Executive, manager and admin scopes.

Mobile apps

Count and check from the floor.

Before you move your stock across

The questions operations teams ask before the first count goes into Neome.

Ready to implement this service?

Talk to our team and get a rollout plan aligned to your business process.