The Kmals Inventory Management System is tailored for companies, factories, and retail operations to manage item flow with precision and control. It provides year-round inventory monitoring, including stocktaking, costing, ordering, and transfers — supported by periodic reporting that enables fast, data-driven decision-making.
Key Features:
- Warehouse grouping and categorization by product type or nature, with user-defined customization.
- Record all inventory activities—additions, issues, returns, and transfers—through intuitive multi-access input screens.
- Generate real-time inventory movement reports by item, quantity, cost, and consuming department.
- Assign a preferred supplier for each item, link to specific cost centers or branches for accurate spending control.
- Monitor item consumption across departments or production lines and track withdrawal trends.
- Compare actual vs. recorded balances, with automatic detection and logging of variances.
- Support for various inventory valuation methods: average cost, last purchase price, or lowest cost.
- Seamless integration with General Ledger—all inventory transactions are auto-posted to accounting entries.
- Extract reports on slow-moving items, inventory turnover rates, and storage validity reviews.
- Support for periodic or annual stocktaking, with variance reporting and actionable recommendations.