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Inventory Management System

Competestack is a robust inventory management system for any firm into product distribution or product sales. It is a one stop solution to keep a track of all the stocks selling in any marketplace or stored in any warehouse. Real time inventory management is a boon for any firm’s growth. An automated view of the inventory, product sales and profit and loss reports, is a must for successful customer service.

Competestack is a robust inventory management system for any firm into product distribution or product sales. It is a one stop solution to keep a track of all the stocks selling in any marketplace or stored in any warehouse. Real time inventory management is a boon for any firm’s growth. An automated view of the inventory, product sales and profit and loss reports, is a must for successful customer service.

NewTel has analysed the requirements of many firms that are into product selling and distribution, and has devised Competestack catering to all the complex problems of inventory management. Competestack is useful for both online and offline selling firms, that too of any volume of inventory. Nothing is more valuable than efficiency and correct decision making, be it in formulating new sales strategy or reframing product pricing and that’s where Competestack has been acclaimed as the right hand of many firms.

Lets dive deep into the features of Competestack.

Inventory status

Inventory view of each SKU as on current or any historical date is readily available in system for reconciliation and perfect tracking of stocks ensuring nil untraceable units and hence nil losses on this account.

Order View

Through Competestack, one can get connected to as many marketplaces as possible. The order view provides a real time view of order placed filtered with the channel of order placement, date and time. This saves a lot of time for the retailers and help them to concentrate on the further operational activities.

Sales View

This dashboard keeps you updated regarding total sales happened today and in historical order, irrespective of the marketplace. This gives confidence to the retailers to process millions of order, and also helps in taking pertinent steps to encourage the sales.

P&L Reporting

Competestack keep the retailers updated regarding the profits and loss incurred on a daily basis and product wise categorization. This real time reporting helps in knowing about the top products among the customers, the low demand products and take steps accordingly.

Generate Invoice

The functionality to generate invoice for the products ordered is present in Competestack, allowing no time wastage as everything can be done under one system.

Generate Purchase order:

The retailers can see and update the purchase orders, check for the pending purchase orders and receipts through Competestack. Online inventory management system like ours is making the whole process seamless and easy for the sellers.

Benefits of Competestack

  • Real time reconciliation of all the product orders under a single window.
  • Tracking the product demand becomes much more easy and measurable.
  • Formulating the correct pricing strategy through the results driven by the reports on product performance on Competestack.
  • Keeping a track of the inventory, information regarding how old the stock is present in the warehouses has never been made so easier. Based on the information regarding the product manufactured and expiry date, the retailer/vendor can take suitable actions in terms of pricing, as to how to sell the stocks in market.
  • Competestack has equipped the retailers to have a complete control over their stocks and know the position of each piece in the entire cycle, removing the chances of misplacement or wrong product deliveries.
  • A complete automated solution to cater any inventory related issue at one place.

Our clients are having a great time in their inventory management through our online tool, Competestack. We as a firm endeavour in putting all efforts to make our solutions useful for our clients and therefore, we welcome new suggestions from our clients in making our solutions more evolved and valuable for the market.

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