Stock Transfers and Inventory Tracking Plugin Features

Stock Transfers and Inventory Tracking Plugin Features

Introduction

Stock Transfers and Inventory Tracking Plugin is a software module that seamlessly integrates with Tagrain and allows retailers like you to further extend the capabilities of your Tagrain edition. It allows you to create stock transfers between stores for effective inventory and stock management. 
Stock transfers in Tagrain is a two-step process involving Stock Transfer Shipment and Stock Transfer Receipt. 

Features

Some of the prominent features of this Plugin are explained in the section below:

Stock Transfer Shipment & Stock Transfer Receipts

If you have a multi-store setup, and you need to transfer some inventory from one store to another, activating and subscribing to this Plugin would be beneficial. This Plugin allows you to create Stock Transfer Shipments and Stock Transfer Receipts between stores (outlets).

Inventory Tracking

This Plugin helps you effectively manage and track your stock transfers across multiple stores (outlets). 
Let us try to understand this with the help of an example. 

We raised a Stock Transfer Shipment request for some products MS-1001 - Men's Dot Print Shirt, WB-1001 - Brook Large Zip Hobo, and WD-1001 - Fit & Flare Midi Dress with 15, 10, and 25 quantities respectively, at the Atlantic Store (Sender Store). These products are to be received at the Marina Store (Destination Store). 

These products have been shipped out of the Atlantic Store but are yet to arrive at the Marina Store. Now, until these products are received by the destination store that is Marina Store, these products will be considered in transit and would reflect in the Inventory Status Report under the in-transit quantity column. 

The in-transit quantity of a product is the quantity that has been shipped by the sender store but not yet received by the destination store.

Inventory Reporting

This Plugin adds an additional column to your Inventory Status Report and Inventory Movement Reports. The in-transit column is added to the Inventory Status Report that displays the In-Transit qty. The in-transit qty of a product is that quantity that has been shipped from the source Store but is yet to be received  by the destination Store. The movement type column finds a place in the Inventory Movement Report. This column displays the shipped quantity and the received quantity, but not the in-transit quantity.
Plugins in Tagrain are either Subscription Based or License Based. So the price that you pay for your plugins is based on the number of POS terminals that you have in your setup and the number of licences that you have acquired.
There will be no change in your subscription amount in the current billing cycle if you are only deactivating a plugin AND not updating your Store / POS count.

Suggested Readings


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