Inventory is 30-60% of an SMB's working capital. Managing it well is a competitive edge.
Master data
Every SKU needs: HSN, GST rate, unit, reorder point, max level, supplier, barcode.
Movements
Track: purchase, sale, return, transfer, adjustment.
Reports
Stock valuation, ageing, ABC, FSN, dead stock.
Physical count
Do it quarterly. Reconcile short/excess in the same session.
SaathiX ERP Inventory does all the above out of the box.