Batch Wise/MRP wise stock

YouTube: Batch / MRP Wise Stock

📦🔍 Batch-Wise & MRP-Wise Stock Management in Logic ERP

Efficient inventory management is key to success! ✅ Logic ERP offers powerful tools to streamline stock handling through Batch-wise and MRP-wise tracking. This ensures higher accuracy 📊, better visibility 👀, and fewer manual errors 🧾❌.

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🌟 Benefits of Batch-Wise & MRP-Wise Stock Management

📈 Accurate Inventory Tracking

• View closing stock 🧾 in a batch-wise format

• Get a real-time snapshot ⏱️ of what’s available

• Reduce stock discrepancies & make informed decisions 🤔✅

⚙️ Automated Batch Creation

• Batches are auto-created 📥 based on the MRP

• Makes purchase transactions smoother and consistent 💼🧾

• Automatically saves batch numbers as per MRP in bills 📌

🔍 Enhanced Stock Visibility

• Use Lot-wise Reporting for deep stock insights 🔬

• Open the Stock Report 📋 and analyze lot-wise.

• Improves inventory control & resource planning 📦📅

❌ Reduced Manual Errors

• Auto-fetches last lot rates 🧮

• Avoids incorrect entries 🚫

• Ensures accurate batch records 🧾🧷

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🧾 Implementing Batch-Wise Stock in Purchase Transactions

🛒 Create Purchase Voucher

• Start a new Purchase Voucher 🧾

• Fill in product & supplier details 🖊️

🔢 Enter the Batch Number

• Input the batch number manually if needed ✍️

💰 Auto-Fetch Last Lot Rates

• System pulls last rates automatically 🔄

• Ensures pricing consistency 💹

✏️ Review & Edit Rates (if needed)

• Edit rates if prices have changed 📉📈

• Allows flexibility while ensuring accuracy

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🧩 Configuring Lot Number as MRP

⚙️ Access Purchase Voucher Configuration

• Navigate to the configuration settings 🔧 of the purchase module.

🆔 Define Lot Number as MRP

• Set it so that the batch number = MRP

• Ensures every batch is tied to the correct price tag 💸

💾 Save Configuration

• Apply this setting to automate future transactions 🧠⚙️

• Say goodbye to manual MRP tagging 👋✍️

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🛒 Batch as MRP Management in Purchase

➕ Enter a Purchase Transaction

• Open the Purchase Module and input item details 🧾

🔍 Access Lot Window

• Within the purchase entry interface, navigate to the lot window.📂

🧾 Enter Lot Details

• Add an identifier like:

  • Date 📅

  • Code 🧷

  • Custom label 🏷️

💾 Save the Voucher

• On saving, the Lot auto-links to MRP defined earlier 🔗💰

• Keeps batch pricing consistent and easy to track 📊

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📊 Comprehensive Stock Analysis Guide

📂 Accessing the Stock Report

• Open the Stock Report from the main dashboard 🖥️

• Ensure you have access credentials 🔐

🧾 Batch-Wise Examination

• Navigate to the section where the closing stock is displayed batch-wise. 📦🔍

• Offers a clear picture of how items are spread across lots

📉 Understanding Inventory Levels

• See which items are low 📉

• Identify what’s overstocked 📦📦

• Supports smarter restocking decisions 📈

• This helps in identifying potential stock shortages or overstock situations.

🧠 Use Insights for Strategy

• Adjust ordering 🛍️ and selling 🛒 based on stock insights

• Make smarter, data-driven decisions 🧠💡

• Align your ordering and selling strategies based on these insights to improve procurement and sales efficiency.

🔁 Regular Monitoring

• Review reports frequently 🗓️

• Periodic reviews help in adjusting strategies in response to market demands and trends 🚀

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✅ Conclusion: Smarter Inventory Starts Here

Batch-wise and MRP-wise stock tracking in Logic ERP helps businesses:

🔹 Maintain accurate stock levels 🔹 Eliminate manual errors 🔹 Gain complete visibility into inventory 🔹 Make faster, informed decisions

Adopting this method isn't just smart — it's essential for modern business success! 📊📦💼