Short answer
Inventory management software tracks stock across locations: purchases, receipts, transfers, issues to production, sales and returns, with batch, serial and expiry tracking, barcode scanning and reorder alerts. Infikey builds custom inventory systems for manufacturers, distributors and retailers, synced with ERPs and e-commerce. Typical builds cost USD 20,000–45,000.
Updated · Written by the Infikey Technologies delivery team
Inventory features
| Area | Features |
|---|---|
| Items | Variants, units of measure and conversions, item categories, images, specifications |
| Locations | Warehouses, stores, racks and bins, in-transit stock, consignment stock |
| Tracking | Batch, lot, serial and expiry, FIFO/FEFO rules, traceability reports |
| Movements | GRN, transfers, issues to production, returns, adjustments with approvals |
| Planning | Min-max and reorder levels, purchase suggestions, demand by season |
| Counting | Cycle counts by scanner, variance reports, stock freeze during counts |
| Valuation | FIFO or weighted average, stock ageing, dead and slow-moving stock |
Inventory for different businesses
- Manufacturers: raw material, WIP and finished goods, with issues against work orders. Grows into a manufacturing ERP when you need production modules.
- Distributors and wholesalers: multiple warehouses, van sales and customer-specific pricing, often with a B2B ordering portal.
- Retail and e-commerce brands: store and online stock in one view, synced with Shopify, WooCommerce and marketplaces.
- Large warehouses: when bin-level picking and packing matter, a full warehouse management system is the better fit.
Cost
| Scope | Budget (USD) | Budget (INR) |
|---|---|---|
| Single-location inventory with scanning app | 20,000–30,000 | 16–25 lakh |
| Multi-location with batches, serials and ERP sync | 30,000–45,000 | 25–37 lakh |
| Add e-commerce and marketplace stock sync | +8,000–15,000 | +6–12 lakh |
These are planning ranges, not quotes. Compare building with subscribing using the build vs buy calculator.
Project blueprint
Multi-location inventory for a building materials distributor
Based on the requirements we hear most often from buyers like this.
A building materials distributor stocks thousands of items across several godowns. Stock figures in the accounting software rarely match the shelves, salespeople promise stock that is not there, and dead stock builds up unnoticed.
What we would build
- Item master with units, conversions and godown-wise stock
- Barcode receiving, transfers and issues on a mobile app
- Reorder levels and purchase suggestions
- Cycle counting with variance approval
- Slow-moving and dead stock reports, synced with accounting
How success is measured
- Stock accuracy from cycle counts
- Lost sales from stock-outs
- Value of dead and slow-moving stock
- Time spent on stock reconciliation