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Inventory & Purchase

Inventory Management Software for India

Novrex inventory management tracks stock across every showroom, warehouse and branch down to the zone, aisle, rack and bin. It reserves stock against live orders, enforces min–max reorder levels, and links purchase, GRN and delivery so the number on screen matches the number on the floor.

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10
Inventory & purchase modules
Rack + bin
Location granularity
Min–max
Automated reorder
Multi-branch
One live view

Why does the stock in your system never match the stock on the floor?

The gap almost always comes from stock that was promised but never deducted, goods received but not booked, and returns that nobody reversed. Novrex closes all three: Stock Blocking reserves inventory the moment an order is approved, Quality & GRN books receipts at the point of inspection, and every movement carries a document behind it.

  • Stock Management — Batch tracking, expiry management, and real-time inventory updates.
  • Stock Blocking — Reserve stock for orders, projects, or customers with automatic release rules.
  • Location & Rack — Warehouse zones, aisles, racks, and bins for efficient picking.
  • Min Stock Levels — Min–max levels with automated alerts and reorder suggestions.
  • Proof of Delivery — Digital signatures, photos, and timestamp verification on delivery.

How do you manage inventory across multiple showrooms and warehouses?

Each location is modelled with its own zones, aisles, racks and bins, and every SKU carries a live quantity per location. A manager sees one consolidated position and can drill into any branch. Transfers move stock between locations with a document trail rather than a phone call.

How does Novrex stop stockouts before they happen?

Min Stock Levels holds a minimum and maximum for every item at every location. When live stock crosses the minimum, Novrex raises an alert and suggests a reorder quantity. Purchase Forecasting adds AI demand prediction on top, so seasonal and trending items get planned rather than chased.

Does inventory connect to purchase and delivery?

Yes — the same record carries through. A purchase requisition becomes a purchase order, a receipt becomes a GRN after inspection, and stock lands in a specific rack. On the way out, Proof of Delivery captures a digital signature, photo and timestamp, so a disputed delivery has evidence attached.

  • Purchase Orders — Create, approve, and track POs with vendor comparison and cost optimisation.
  • Purchase Requisitions — Department-wise requisitions with budget controls and auto-conversion to POs.
  • Quality & GRN — Inspection at receiving with acceptance criteria and GRN generation.
  • Multi-Consignment — Multiple consignments per order with partial deliveries and split invoicing.
  • Purchase Forecasting — AI-powered demand forecasting for inventory planning and scheduling.

Inventory and purchase modules

Every module listed here ships today.

Inventory · 5 modules

Stock Management

Batch tracking, expiry management, and real-time inventory updates.

Stock Blocking

Reserve stock for orders, projects, or customers with automatic release rules.

Location & Rack

Warehouse zones, aisles, racks, and bins for efficient picking.

Min Stock Levels

Min–max levels with automated alerts and reorder suggestions.

Proof of Delivery

Digital signatures, photos, and timestamp verification on delivery.

Purchase · 5 modules

Purchase Orders

Create, approve, and track POs with vendor comparison and cost optimisation.

Purchase Requisitions

Department-wise requisitions with budget controls and auto-conversion to POs.

Quality & GRN

Inspection at receiving with acceptance criteria and GRN generation.

Multi-Consignment

Multiple consignments per order with partial deliveries and split invoicing.

Purchase Forecasting

AI-powered demand forecasting for inventory planning and scheduling.

Stock registers vs Novrex inventory

Registers + ExcelNovrex inventory
Stock positionYesterday’s count, at bestLive, per location
Promised stockInvisible until dispatch failsReserved on order approval
Where an item sitsAsk the warehouse boyZone, aisle, rack, bin
ReorderingWhen someone noticesMin–max alert with suggested quantity
Delivery disputesOne person’s wordSignature, photo and timestamp

Included in Trading ERP — ₹1,500 per user / month

Multi-warehouse inventory ships with the Trading ERP plan, alongside GST invoicing, purchase and GRN, HR and payroll, and multi-branch support. ₹1,350 per user / month on annual billing.

GST-exclusive. Production planning, BOM and MRP are on the Production plan at ₹2,000 per user / month.

Questions people ask

Can Novrex track stock by batch, lot or expiry?

Yes. Stock Management covers batch tracking and expiry management with real-time updates, which is what shade-lot consistency in tiles and best-before control in fast-moving goods both depend on.

Can I reserve stock for a specific customer or project?

Yes. Stock Blocking reserves inventory against an order, project or customer, with automatic release rules so blocked stock does not sit dead when a deal goes cold.

Does it handle partial deliveries against one order?

Yes. Multi-Consignment supports multiple consignments per order with partial deliveries and split invoicing, so a part-shipped order stays accurate rather than being closed early.

How is this different from inventory in Tally?

Tally records the accounting effect of a stock movement. Novrex runs the operation that causes it — rack-level location, reservation against live orders, inspection at receiving, reorder alerts and proof of delivery — and sits on top of your existing Tally rather than replacing it.

Can warehouse staff use it on a phone?

Yes. Stock lookups, delivery capture and proof of delivery are designed for mobile use on the floor, not just a desktop in the back office.

Related

Novrex ERP GST Billing Software Finance & Accounting Multi-outlet inventory guide