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.
Competestack is a two level multi warehouse inventory and sales tracking system. Inventory once received upon Purchase Order can be stocked into any number of primary warehouses with track of all purchase details. Each inventory item can then be stocked out to any number of secondary warehouses, shops or invoiced to customers either from primary or secondary warehouses.
Inventory and sales view by serial number of every SKU at each warehouse 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.
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.
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.
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.
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.
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.
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.