The functions of inventory control involve identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status. This module is integrated with sales, purchase, finance, Assets Management, Procurement Management, supply chain management, production planning, stock maintenance & checking, warehousing etc.This facilitates the ERP system to possess high vigilance and efficient financial management. It helps the users to quickly access the details of inventory, reduces purchasing costs eliminating the unnecessary transaction, streamlines procurement of required raw materials, identifies potential suppliers, issues purchase order to the finalized vendor, produce periodic running bills, and schedules delivery of materials.