National Traders is a company dealing with the manufacturing and supply of Security Wires in Pakistan. They use raw materials for the production of goods which are then transported to shops for selling.
Problems
National Traders initially used SAP for Warehouse management, Quick Book for Accounts handling, and Excel for Inventory Management. But as quoted by the company’s manager their staff was finding it hard to switch in between the different Softwares.
Some other issues faced by National Traders were
Keeping Record of Financial Transactions
Constant Updates about the Changes in Market Prices (Changes in Prices of Raw Materials -Changes in End Price of Product)
Inventory Record (Raw Materials, Processed Goods, Damaged Products, etc.)
Calculation of the Daily Workload and Work Progress.
Solution
Taking into view these problems Koncept Solutions provided National Traders with Inventory Management System with the following features