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Inventory & Warehouse Management Features

The document outlines the feature scope for an Inventory & Warehouse Management System, detailing required and not required features for the Minimum Viable Product (MVP). Key required features include product and SKU management, multi-unit of measure, multi-warehouse inventory tracking, serial number tracking, and audit trails. Several functionalities related to warehouse management, inventory control, procurement, sales, reporting, and user management are marked as not required for the MVP.

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hitesh.panthsoftech
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9 views2 pages

Inventory & Warehouse Management Features

The document outlines the feature scope for an Inventory & Warehouse Management System, detailing required and not required features for the Minimum Viable Product (MVP). Key required features include product and SKU management, multi-unit of measure, multi-warehouse inventory tracking, serial number tracking, and audit trails. Several functionalities related to warehouse management, inventory control, procurement, sales, reporting, and user management are marked as not required for the MVP.

Uploaded by

hitesh.panthsoftech
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Inventory & Warehouse Management System

Feature Scope Document

1. INVENTORY MANAGEMENT
• Product & SKU Master (with category, barcode, attributes) - Required
• Multi-Unit of Measure (BOX → PCS → UNIT conversion) - Required
• Multi-warehouse inventory (Godown / Location level tracking)- Required
• Barcode / QR Code generation & scanning - Not required for MVP
• Batch / Lot tracking (Manufacturing / Expiry / FEFO / FIFO) - Not required for MVP
• Serial number tracking (for unique item identification) -Required
• Complete audit trail of stock movements – Required
• CRUD on unit stored in warehouse (REST API) - Required

2. WAREHOUSE MANAGEMENT (WMS)


Inbound Operations:
• Gate entry (optional) - Not required for MVP
• Goods Receipt Note (GRN) against Purchase Order- Required
• Put-away to rack / bin / shelf - Required

Storage / Internal Movement: – Not Required for MVP


• Warehouse → Rack → Bin structure mapping
• Stock transfer between warehouse / location / bin

Outbound Operations: - Not required for MVP


• Order picking (Batch / Wave / FIFO–FEFO based)
• Packing / cartonization
• Delivery Note / Dispatch challan

3. INVENTORY CONTROL & ACCURACY - Not required for MVP


• Physical stock audit / Cycle counting
• Stock reconciliation (system vs physical stock)
• Reorder level / Low stock notification -
• Stock adjustment (damage / consumption / shrinkage)
• Inventory valuation (FIFO / Weighted Average)
4. PURCHASE & PROCUREMENT - Not required for MVP
• Vendor / Supplier Management
• Purchase Indent / Material request
• Purchase Order creation & approval workflow
• GRN entry against PO
• Purchase return (Return to vendor)

5. SALES & ORDER FULFILLMENT


• Sales Order creation - Not required for MVP
• Stock reservation / allocation – Required
• Delivery Note / Dispatch Order generation - Not required for MVP
• (Optional) Invoice generation — if integrated with accounting - Not required for
MVP

6. REPORTING & ANALYTICS - Not required for MVP


• Real-time stock dashboard
• Stock summary / Stock ledger report
• Fast-moving / Slow-moving / Aging analysis
• Expiry report (for batch items)
• Purchase reports (PO, GRN)
• Dispatch / Sales order reports

7. USER & ACCESS MANAGEMENT - Not required for MVP


• Role-based access control (Admin / Manager / Storekeeping roles)
• Permissions at menu/module level
• Activity logs (who changed what)
• Data backup / restore settings

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