MATERIAL TRACKING SYSTEM
What is MATERIAL TRACKING SYSTEM
Managing the flow of raw materials and finished goods is crucial in manufacturing and distribution businesses. The Material Tracking System in Lucent ERP enables businesses to monitor material usage, movements, and consumption in real-time.
This improves visibility across the supply chain, reduces wastage, and ensures better production planning. Companies benefit from improved traceability and efficiency in operations.
Benefits of MATERIAL TRACKING SYSTEM Module
Improved Material Visibility & Control
Get real-time updates on material availability, status, and movement across locations and departments.
Reduction in Wastage and Theft
Accurate tracking minimizes unauthorized use, losses, or pilferage and improves accountability.
Faster Material Reconciliation
Helps teams reconcile inventory records efficiently with fewer errors and manual interventions.
Features of MATERIAL TRACKING SYSTEM
- Real-Time Material Movement Tracking
- Batch & Lot Number Tracking
- Barcode & QR Code Integration
- RFID-based Inventory Monitoring
- Material Inward & Outward Logs
- Multi-Warehouse Material Tracking
- Material Issue & Return Management
- Project-wise Material Allocation
- Requisition-wise Material Consumption Monitoring
- Automated Material Transfer Between Warehouses
- GRN (Goods Receipt Note) Integration
- Minimum & Maximum Stock Alerts
- Material Damage & Wastage Logging
- Vendor-wise Material Source History
- Stock Aging & Expiry Management
- Job Work & Subcontract Material Issue Tracking
- Material Receipt Confirmation Alerts
- Material Movement Authorization Workflow
- Role-Based Access Control
- Mobile App for Scanning & Updates
- Quality Check Status per Material Lot
- Material Tracking by UoM (Unit of Measurement)
- FIFO, LIFO, or Weighted Average Method Support
- Material Return to Vendor Process
- Integrated Material Ledger
- Custom Labels & Tags for Tracking
- Work Order-based MRP
- Geo-location Tracking of Material Transit
- Linked with Purchase & Production Modules
- Detailed Reports & Audit Trails for Compliance
Why Choose Us ?
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Banking & Payroll Connected
Enjoy hassle-free salary processing with integrated payroll and direct banking connectivity for accuracy and speed.
