ERPNext – Inventory Management Course
The ERPNext Inventory Management course is designed to provide participants with a comprehensive understanding of how to use the ERPNext platform for efficient inventory management. This course covers the entire inventory management process, including item setup, warehouse operations, stock transactions, and integration with other business functions.
Key Learnings:
- Proficient use of ERPNext for inventory management
- Ability to manage item records, warehouses, and stock transactions efficiently
- Skills to integrate inventory management with procurement and sales
- Knowledge of inventory valuation and cost management
- Capability to generate insightful inventory reports and analytics
Course Content:
Module1: Introduction to ERPNext and Inventory Management
- Overview of ERPNext
- Importance of Inventory Management
- Key features of the ERPNext Inventory module
Module2. Getting Started with ERPNext Inventory Management
- Installing and setting up ERPNext
- Navigating the ERPNext interface
- Configuring user roles and permissions for inventory management
Module3. Item Management
- Creating and managing item records
- Setting up item groups and categories
- Managing item variants and attributes
- Configuring item pricing and valuation methods
Module4. Warehouse Management
- Setting up warehouses and storage locations
- Managing warehouse transfers
- Tracking stock movements and adjustments
- Implementing warehouse best practices
Module5. Stock Reconciliation and Adjustment
- Conducting physical stock counts
- Recording stock reconciliation entries
- Handling stock discrepancies and adjustments
- Ensuring inventory accuracy
Module 6. Procurement and Inventory Integration
- Linking inventory with procurement processes
- Managing purchase orders and goods receipts
- Setting up reorder levels and safety stock
- Automating purchase requisitions based on inventory levels
Module 7. Inventory Transactions
- Creating and managing stock entries (receipts, issues, transfers)
- Handling consignment and subcontracting stock
- Managing returns and exchanges
- Recording and tracking batch and serial numbers
Module 8. Inventory Valuation and Costing
- Understanding inventory valuation methods (FIFO, LIFO, Weighted Average)
- Setting up and managing valuation methods in ERPNext
- Calculating landed costs and valuation adjustments
- Analyzing inventory costs and profitability
International Student Fees: USD300$
Job Interview Preparation (Soft Skills Questions & Answers)
- Tough Open-Ended Job Interview Questions
- What to Wear for Best Job Interview Attire
- Job Interview Question- What are You Passionate About?
- How to Prepare for a Job Promotion Interview
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Flexible Class Options
- Week End Classes For Professionals SAT | SUN
- Corporate Group Trainings Available
- Online Classes – Live Virtual Class (L.V.C), Online Training
Related Course
ERPNext – Production Planning Course
ERPNext – Sales Management Course
ERPNext – Procurement Management Course
ERPNext – Introduction Course for Beginners
ERPNext – Manufacturing Course
ERPNext Human Resource Management Course
ERPNext – Essentials Basic to Advance Course