Efficient stock management is crucial to maintaining optimal stock quantity to fulfill customer demand without stockouts or overstocking. This blog will explore how water delivery software works, enabling you to handle and manage your bottled water stocks.
What is stock management?
Stock management is the process of handling, counting, tracking, and replenishing the product quantity. Efficient stock management aims to maintain optimum stock levels to avoid stockouts and overselling.
What are the components of stock management in the water delivery business?
Water delivery management software manages and tracks three components of the water delivery business, which include:
- Total available filled water bottles
- Empty water bottles
- Water bottles required
The water delivery software’s stock report contains the values for the above components. It automatically updates the total number of orders placed, empty bottles returned, and water bottles replenished. The water delivery software auto-generates stock reports with values for these components.
Note* Stock management works in sync within three water delivery software platforms: the admin panel, customer app, and delivery driver app.
Admin panel
The admin panel generates stock reports. The reports get auto-updated based on the data collected related to stock from the customer and driver apps. The system generates a separate report to handle and monitor empty water bottles.
Customer app
The customer water delivery app enables them to place orders or modify them. The stock report is updated when the order is confirmed. This comes under the section on water bottles required to fulfill customer demand.
Driver app
The water delivery driver app is the customer app. Any order modifications made by the driver are automatically updated on stock reports on the
admin panel.
Stock management mechanism
This section explores how stock management works in water delivery software. As understood above, the process works in sync within the admin panel, customer app, and driver app.
Step 1: Order placement
Customers can place an order from the water delivery app. The order is updated on the admin panel.
Step 2: Stock update
The order quantity gets auto-updated on the stock report. You can set a stock cutoff to avoid overselling. Any buffer stock handed over to the driver can be updated through the admin panel and is reflected in the picked-up stock.
Step 3: Delivery
The driver can modify orders and use buffer stock to fulfill customer demands. Changes made to the order and stocks get updated on the admin panel. The empty bottles are collected from the customer and recorded in the driver app. It is auto-updated in the admin panel.
Step 4: Consolidated report
The system generates reports for stock available, empty water bottles, and the stock required to fulfill customer orders. The system updates the empty water bottles report, giving information including filled and empty water bottles available and empty bottles on the customer app.
How is stock managed in water delivery software?
Water delivery management software offers various features to manage bottled water stock.
It is an integrated cloud platform that automates stock management, generating stock reports, creating purchase orders, tracking empty water bottles, stock counting, and demand forecasting. Features offered by water delivery software for stock management:
Auto-generate stock reports
The system automatically generates reports with information on total available, filled, and empty water bottles. The accurate and precise stock report enables you to fulfill customer demand effectively without stockouts or overstocking.
Counts and updates stock
Once the stock count or stock data is added to the system, it auto-updates the reports based on the orders placed and delivered in real time.
Manage and track empty water bottles.
You can manage, handle, and track your empty bottles. These plastic bottles are charged as deposits, that are refundable. The delivery driver collects the empty bottles from the customers.
Generate purchase orders
You can generate purchase orders for products with low stock. You can print out or download it and email it to the vendor.
Internal stock transfer
The system enables you to manage and track stock within multiple stores or hubs. You can replenish one hub’s demand with the other.
Stock forecasting
The stock report gives you the defined number of products you need to fulfill your customer demand for the next seven days.
Conclusion
Implementing water delivery software can help you handle, manage, and track your stock efficiently, avoiding stockouts or overstocking. It enables you to maintain optimal stock levels to fulfill customer demands efficiently. If you are struggling with managing your stocks, book a call with us to discuss your business and see how we can help you.
He loves to explore. His passion for helping delivery industries in all aspects flows through in the vision he has. In addition to providing smart solution to make delivery process flawless, Ravi also likes to write sometimes to make it easier for people from business industry looking for digital solutions.
