Inventory Module

The Inventory Management module helps in automating transactions and tracking of stocks, receipts, issues, indents, PO, PR, Quotations

Key Features

  • Hospital oriented functionality for stock points/Quotations/Invoice management, Purchase requisition, contracts, Purchase orders, Receiving and returning goods
  • Centralized standard item Master at stock point level
  • Centralized standard vendor and sites at stock point level
  • Purchase requisitions for Consumables, Capital, Services items with integration from Accounts/inventory point of view
  • Gate pass and goods receipt note for receiving items from vendor at stock point/Premises
  • Inspection process and capturing quality control parameters
  • Use of min/max and reorder level planning to automatically restock as needed
  • Stores receipt vouchers processing for moving Good Receipt Note (GRN) to inventory or to Cost Centers
  • Return of Goods to vendor for handling rejected/excess/damaged/expired/unwanted items
  • Automatic generation of Reorder quantities based on ROL triggers
  • Zone/Row/Rack/Bin locator/storage controls
  • Lot, Batch and Serial Control of items together with expiry date control
  • Provision to generate consignment PO
  • Provision to generate Automatic PO
  • Costing Methods like Standard, Weighted Average, FIFO and LIFO are available
  • Item classification on ABC, FSN and inventory reconciliation including Cycle count plans
  • Value and Quantity Adjustments processing depending on adjustment reasons
  • User defined document generation for indents
  • Generation of invoice/credit/debit memo and prepayments processing
  • Generation of stock adjustment report

Key Benefits

  • Goods requisition to and from Main stock
  • Adhoc Goods receive and return
  • Quotation Entry / Issue
  • Quotation selection and comparison
  • Customized analysis of inventory
  • Automated order placement, automated refill thus avoiding inventory cost and maintenance cost significantly
  • Invoice creation / payment from customer
  • Search facility for Issued Quantity, Received Quantity, Returned Quantity and Stock on Hand of an item in the concerned department
  • Online approvals and notifications
  • Monitoring/tracking of the receipts/ issues/indents/PO/PR/ quotations
  • Threshold Level Alert
  • Allows inspections to automatically identify discrepancies in stock levels

About us

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Dr DM Tech started in the year 2003 as the captive technology arm of Dr DM Medicare & Research Pvt Ltd. In the year 2011, it became an Independent IT company servicing the best across the industry segments. The organization envisages the participation of a team of well qualified Software and ICT Technical Professionals with support of eminent Consultants in the Healthcare, Retail, Telecom and Electronic Payments domain.