How to correctly calculate inventory levels

Inventory management is a nightmare for many. But it doesn't have to be. A proper stock calculation system not only saves your nerves but, most importantly, frees up capital that would otherwise unnecessarily sit on shelves.

Forget Manual Counting

If you are still doing inventory by counting pieces on a shelf with paper in hand, you are doing it inefficiently. Modern companies use automatic deductions directly from the order. When a technician marks in the system that they used 5 meters of cable, the stock is automatically updated.

FIFO Method and Its Importance

FIFO (First In, First Out) is a basic method that ensures older stock goes into production first. This is critical especially for materials with a limited shelf life or technologies that age quickly.

When is it Time to Reorder?

The Manag.app system allows you to track minimum stock levels. As soon as the number of pieces drops below a set limit, you receive a notification. You will never find yourself unable to complete an order due to a missing component.