Stock Management Services

Optimize inventory. Minimize costs. Maximize profits.

Stock Management is one of those services that not only appeals to manufacturers, distributors, and retailers, but also connects strongly with compliance (inventory valuation, IND-AS/IFRS) and financial control.

Why Stock Management Matters

For product-driven businesses, stock is both an asset and a liability. Too much inventory ties up working capital, while too little creates supply shortages and lost revenue. Common issues include:

  • Overstocking & dead stock accumulation
  • Stock-outs disrupting sales and operations
  • Poor valuation & misreporting in financials
  • Inaccurate records due to manual handling
  • Theft, shrinkage, or obsolescence risks

At FinnovateAI, we bring robust stock management practices integrated with accounting systems so your inventory remains accurate, optimized, and audit-ready.

Our Stock Management Services

  • Inventory Record Keeping -Maintaining perpetual records with SKU-level detail
  • Stock Valuation -FIFO, LIFO, Weighted Average, or Cost-based methods in compliance with IND-AS & IFRS
  • Reconciliation & Verification -Periodic stock takes, variance reports, and shrinkage analysis
  • Warehouse & Location Tracking -Multi-location stock control with automated reporting
  • Slow-Moving & Dead Stock Analysis -Identification and disposal recommendations
  • Integration with Accounting -Aligning stock valuation with financial statements for accuracy
  • MIS & Reporting Dashboards -Real-time stock levels, reorder alerts, and consumption trends
  • Internal Control & Fraud Prevention -Robust checks to prevent leakage, theft, or manipulation

Why Choose FinnovateAI?

  • End-to-End Approach -From stock recording to valuation and compliance
  • Technology-Enabled -ERP integration, barcode/QR tracking, and AI-driven forecasts
  • Compliance Aligned -Valuation as per accounting standards & tax rules
  • Cost Optimization -Reduce holding costs and free up working capital
  • Audit Ready -Clean, reconciled stock records for statutory and internal audits
  • Industry-Specific Expertise -Retail, FMCG, pharma, manufacturing, and e-commerce

Our Process

  • Data Gathering & Classification -Capture product, SKU, and stock movement data
  • System Integration -Align inventory management with accounting/ERP
  • Valuation & Reporting -Apply standard-compliant methods for accurate reporting
  • Verification & Reconciliation -Conduct periodic checks and variance analysis
  • Continuous Monitoring -Real-time dashboards & strategic inventory suggestions

Who Needs It?

  • Manufacturers & Distributors -Manage production cycles & warehouses
  • Retail & FMCG -Avoid dead stock & ensure supply chain continuity
  • Pharma & Healthcare -Critical expiry tracking & compliance
  • E-Commerce & Startups -Efficient SKU-level tracking across platforms
  • Importers/Exporters -Multi-location and cross-border stock control
 
     
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