Inventory management
In Arabic إدارة المخزون
Inventory management is the practice of tracking what stock a business holds, where it is kept and what it cost, from the day it arrives until it leaves.
In plain words
For a distributor, stock is usually the largest asset after receivables. Too little and orders wait; too much and money sits on the shelf, or expires there. Inventory management keeps the quantity, the place and the value of each item known, so buying, sales and finance work from the same figure.
It covers receiving goods, storing them by warehouse and bin, moving them between sites and vans, issuing them to orders, and counting them. Each of these is recorded as a movement, and the stock on hand at any moment is the sum of those movements. The value follows the costing method chosen for each item.
The common mistake is letting stock move without a document: a carton taken for a customer, a van topped up by hand. The shelf and the books drift apart, and the gap only shows at the next count, when nobody can say where it went.
- Opening, 2026-03-01
- 500 cartons
- Received
- 300 cartons
- Issued to orders
- 420 cartons
- On hand, 2026-03-31
- 380 cartons
In Axon Suite
How Axon Suite handles it
Axon Suite tracks stock by warehouse, bin and van, by lot and expiry date, and each movement posts its cost to the ledger. Stock on hand can be read as it stood at any day’s close.
Feature
Stock on hand at any day’s close
Pick a date and Axon Suite rebuilds stock on hand as it stood at that day’s close, from the movements themselves. Narrow it by warehouse, category or item, and open the stock card to see every movement behind the figure.
Open: Stock on hand at any day’s close