Project Overview

Our client, a growing commercial company, was struggling with manual inventory tracking and frequent stock discrepancies that impacted their operations.

The business was using spreadsheets and paper-based systems to manage thousands of SKUs across multiple warehouses. This led to frequent stockouts, overstocking, and 20-25% inventory discrepancies during physical counts.

Their existing processes couldn't provide real-time visibility into stock levels, leading to production delays and emergency purchases. The finance team spent 2 weeks each quarter reconciling inventory records with accounting systems.

Warehouse inventory management
Inventory dashboard

We implemented a comprehensive Inventory Management System with barcode scanning, automated reordering, and multi-location tracking. The cloud-based solution provided real-time visibility across all warehouses and production facilities.

The system integrated with their existing ERP and included advanced features like batch/lot tracking, expiry date management, and customizable reporting dashboards for inventory analysis.

Key Challenges

The client faced several critical inventory management challenges that were impacting their operations.

Manual Tracking

Spreadsheet-based system required 20+ hours weekly for data entry and reconciliation, with frequent human errors.

Stock Discrepancies

Physical counts regularly revealed 20-25% variance from recorded inventory levels.

Poor Visibility

No real-time view of inventory across multiple locations led to stockouts and overordering.

No Automation

All reordering decisions were manual, resulting in reactive rather than proactive purchasing.

Slow Audits

Quarterly inventory counts disrupted operations for 3-5 days with inaccurate results.

Excess Inventory

20-30% of capital tied up in slow-moving or obsolete stock due to poor forecasting.

Transfer Inefficiencies

Inter-warehouse transfers took 3-5 days to process, delaying customer orders.

No Analytics

Lack of reporting on turnover rates, dead stock, or seasonal demand patterns.

Our Solution

We developed a comprehensive inventory management system with these key features:

Barcode Scanning

Mobile scanning reduced data entry errors and accelerated receiving/shipping processes by 60%.

Automated Reordering

System generates purchase orders when stock reaches predefined thresholds based on lead times.

Multi-Location Tracking

Real-time visibility of inventory across all warehouses and production facilities.

Advanced Analytics

Custom dashboards track inventory turnover, stock age, and forecasting accuracy.

Mobile Inventory Audits

Cycle counting with mobile devices reduced full inventory counts from days to hours.

Batch/Lot Tracking

Full traceability of materials from receipt to shipment with expiration alerts.

Smart Transfers

Automated inter-warehouse transfers based on demand patterns and stock levels.

Vendor Integration

Direct API connections with suppliers for automated stock updates and EDI ordering.

Implementation Process

Our phased approach ensured accurate data migration and minimal operational disruption.

1

Inventory Audit

Conducted complete physical inventory count to establish accurate baseline data.

2

Barcode Implementation

Labeled all inventory items and locations with barcodes for scanning.

3

Pilot Warehouse

Implemented system in one warehouse to validate processes before full rollout.

4

Staff Training

Role-specific training for warehouse staff, purchasers, and management.

5

Full Deployment

Rolled out to all locations with ongoing support and optimization.

Measurable Results

The inventory management system delivered significant operational improvements.

95%
Inventory accuracy
30%
Reduction in excess stock
60%
Faster receiving process
100%
Eliminated manual counts

Proven Results for Warehouse Operations

99%
Inventory accuracy
50%
Faster order fulfillment
35%
Reduced labor costs
60%
Less stockouts

"The inventory management system has transformed our operations. We've eliminated stockouts, reduced carrying costs, and our warehouse team spends less time counting and more time adding value. The automated alerts have been particularly valuable for managing our perishable materials."

Md. Sumon
Warehouse Manager, Rafin Digital

Technology Stack

The inventory solution was built using modern, reliable technologies chosen for performance and scalability.

Barcode Scanning

Zebra barcode scanners with mobile apps for Android/iOS devices.

Backend

PHP with REST API for real-time inventory updates.

Database

SQL with optimized queries for large inventory datasets.

Reporting

Power BI integration for advanced inventory analytics.

Ready to Transform Your Inventory Management?

Let's discuss how we can develop a custom solution to optimize your stock levels and reduce costs.

Get a Free Consultation

Pricing Options

Flexible pricing for businesses of all sizes.

Basic Plan

BDT 8,000
BDT 1,500/month
  • Single location
  • Up to 5,000 SKUs
  • Basic reporting
  • Email support

Enterprise Plan

BDT 25,000
BDT 3,500/month
  • Unlimited locations
  • Advanced analytics
  • ERP integration
  • 24/7 support

Need a custom solution for your Business? for tailored options.