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 🧾❌.


🌟 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 🧾🧷


🧾 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


🧩 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 👋✍️


🛒 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 📊


📊 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 🚀


✅ 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! 📊📦💼

Last updated