Stock maintenance in excel is tricky work but up to a certain level of products, you can manage it easily and freely.
It is time consuming process and one person is required to maintain only stock which may be costly for start-ups. Manual hand written stock book is also managed by many small and macro sized pharmaceutical companies. Commonly used methods are:Īutomatic Software is best possible way to maintain stock in pharmaceutical or any other sector which has large number of products. There are many types of stock management but few methods are commonly used. Stock management involves receiving, stocking and dispatching etc. For small companies or in new start-ups, its a big challenge due to shortage of staff specially in pharma field where huge number of products present.
Managing Stock could be an integral part of managing a company.
