Close
  • Home
  • About Us
    • Company Profile
    • Testimonials
  • Products
    • ACCOUNTING & INVENTORY
      • Million Accounting
      • Million Stock Control
      • Autocount Software
      • UBS Software
      • XERO Software
    • PAYROLL & HRMS
      • Million Payroll
      • Rockbell HRMS
    • POINT-OF-SALES (POS)
      • Million POS
      • Popcorn POS
    • E-COMMERCE & CRMS
      • E-Commerce
      • Customized CRMS
  • Grant
    • Productivity Solutions Grant (PSG)
    • Enterprise Development Grant (EDG)
  • Careers
  • Resources
    • LMS
    • Blog
    • Demo Videos
    • Software Upgrade Files
  • Contact Us
    • Request for Demo
    • Request for Trial
    • Feedback
  • sales@rockbell.com.sg
  • PSG Hotline: 9225 0304 / 9226 8890 | Support Hotline: 6468 0054
  • UP TO 80% GRANT SUBSIDY
  • Office Sales No: 64697720
  • Home
  • About Us
    • Company Profile
    • Testimonials
  • Products

      MILLION SOFTWARE

      AUTOCOUNT SOFTWARE

      UBS SOFTWARE

      Accounting
      & Inventory

      Million Accounting

      Million Stock Control

      Autocount Software

      UBS Software

      XERO Software

      Payroll &
      Hrms

      Million Payroll

      Rockbell HRMS

      point-of-sales
      (pos)

      Million POS (Retail)

      Popcorn POS (F&B)

      E-Commerce
      & crms

      E-Commerce

      Customized CRMS

    • ACCOUNTING & INVENTORY
      • Million Accounting
      • Million Stock Control
      • Autocount Software
      • UBS Software
      • XERO Software
    • PAYROLL & HRMS
      • Million Payroll
      • Rockbell HRMS
    • POINT-OF-SALES (POS)
      • Million POS
      • Popcorn POS
    • E-COMMERCE & CRMS
      • E-Commerce
      • Customized CRMS
  • Grant
    • Productivity Solutions Grant (PSG)
    • Enterprise Development Grant (EDG)
  • Careers
  • Resources

      LMS

      Learn how to navigate Rockbell’s solution and find answers to FAQs.

      SHOW More

      BLOG

      Read up on industry trends, solutions updates, government announcements and more.

      SHOW More

      DEMO VIDEOS

      Watch a quick overview of what our solutions can do.

      SHOW More

      SOFTWARE UPGRADE FILES

      Download the latest Million patch files for free.

      SHOW More

    • LMS
    • Blog
    • Demo Videos
    • Software Upgrade Files
  • Contact Us
    • Request for Demo
    • Request for Trial
    • Feedback
Request Demo
  • Home
  • About Us
    • Company Profile
    • Testimonials
  • Products

      MILLION SOFTWARE

      AUTOCOUNT SOFTWARE

      UBS SOFTWARE

      Accounting
      & Inventory

      Million Accounting

      Million Stock Control

      Autocount Software

      UBS Software

      XERO Software

      Payroll &
      Hrms

      Million Payroll

      Rockbell HRMS

      point-of-sales
      (pos)

      Million POS (Retail)

      Popcorn POS (F&B)

      E-Commerce
      & crms

      E-Commerce

      Customized CRMS

    • ACCOUNTING & INVENTORY
      • Million Accounting
      • Million Stock Control
      • Autocount Software
      • UBS Software
      • XERO Software
    • PAYROLL & HRMS
      • Million Payroll
      • Rockbell HRMS
    • POINT-OF-SALES (POS)
      • Million POS
      • Popcorn POS
    • E-COMMERCE & CRMS
      • E-Commerce
      • Customized CRMS
  • Grant
    • Productivity Solutions Grant (PSG)
    • Enterprise Development Grant (EDG)
  • Careers
  • Resources

      LMS

      Learn how to navigate Rockbell’s solution and find answers to FAQs.

      SHOW More

      BLOG

      Read up on industry trends, solutions updates, government announcements and more.

      SHOW More

      DEMO VIDEOS

      Watch a quick overview of what our solutions can do.

      SHOW More

      SOFTWARE UPGRADE FILES

      Download the latest Million patch files for free.

      SHOW More

    • LMS
    • Blog
    • Demo Videos
    • Software Upgrade Files
  • Contact Us
    • Request for Demo
    • Request for Trial
    • Feedback
Request Demo

Inventory Management & Stock Control

Request Demo
TOP 6 FEATURES

Why Should You Chose Million Inventory System?

No yearly subscription fee
Multi-UOM
Multi-location
BOM
Serial number
Batch

Million Accounting

Need to DIY your own accounting? Choose Million Accounting Software!

Million Accounting Software is a full-fledged accounting system with a user-friendly interface that is simple to use and enables you to easily generate all your necessary financial reports with minimum accounting background required.
As one of the approved solutions by IRAS, accountants and SMEs in Singapore, Million can increase your company’s productivity, save cost in the long run and help your business to grow.

Million is Multi-Company, Multi- Currency, IRAS-listed and PEPPOL E-Invoicing ready.

Purchase a software that is approved by Accountants.

Million has four modules – Accounting, Stock Control, Invoicing and Payroll

Feature highlights

Able to handle MULTI company transactions
Real-time integration to Million Accounting
Real-time update of Stock level
Outstanding Deliver Order/ Sales Order
Multi-Location
Stock Valuation Method for individual items: Fixed Cost/Average Cost/ FIFO

Report

Print Quotation/ Sales order/ Delivery order/ Invoice
Print Cash sale/ Credit note/ Debit note
Purchase Order/ Purchase Invoice
Stock Card
Product sales analysis
Customer sales analysis
Location reports

Government Assistance Available

Million Accounting & Stock Control System for inventory management, is a PSG pre-approved solution.
PSG supports up to 80% of qualified costs to help companies kick-start their technology journey.
Find out more.

Who should use Million Stock Control System?

Million Stock Control System is suitable for businesses that wants to manage their day-to-day inventory activities.

How long does it take to learn how to use Million Stock Control System?

It will take 3 hours to complete the training for Million Stock Control System.

Can Million Stock Control System be integrated with accounting?

Million Accounting and Stock Control System is an integrated system that seamlines accounting functions to inventory management so that repetitive data entry can be minimized.

System Recommendations

Processor Type

Pentium 4 or higher

Processor Speed

1GHz or higher

Operating System

Microsoft Windows 7 or later

Memory (RAM)

4GB or more

Hard Disk

Approximately 1GB of available hard-disk space

Display

Super VGA (1024 X 768) or higher-resolution video adapter or monitor

Other Devices

Mouse or compatible pointing devices

Million can be in Chinese characters

Our Videos

Retail/Wholesale

Prevalent Real-Time Inventory Management Challenges and How to Resolve Them

Inventory management systems have developed to become more sophisticated as information technology has advanced. With the advent of the internet, issues that were previously difficult or impossible to tackle have now found solutions.

Read More

It has created new opportunities and enabled businesses to increase their capacity for inventory management. However, because firms must adjust to the shifting nature of their product, this also brings forth new difficulties. Real-time  inventory management system selections, as opposed to the once-daily routine that was typical for most firms, have become more crucial than ever.

Here are 5 typical problems with inventory management, along with suggestions for how to solve them.

  1. Inventory Inaccuracy

Assuring that the statistics reflect what is actually in stock is the main problem in real-time inventory management. A malfunctioning inventory tracker or user error could be to blame if there are discrepancies.

Examine several inventory management solutions to try to find a solution to this issue. Not all systems are made equal; some feature modules that can help assure the correctness of the information by utilizing various techniques like picking, cycle counting, and random sampling.

  1.   Inventory Mismanagement

When products are misplaced or substituted with other items, real-time inventory management is also hampered. Regarding the latter, this might cause an even worse issue: running out of materials while they’re not where they ought to be.

To solve this problem, try establishing a written inventory management policy with 

  1. Inventory Shrinkage

There is no way to continuously track your materials and supplies without real-time inventory management. This implies that there will be instances where things disappear completely without a trace.

Make sure that there are clear policies in place for all staff to adhere to when it comes to shrink to address this conundrum. You can also set up alerts and notifications using   inventory management system software so that supervisors are informed right away if an inventory count falls below a predetermined level.

  1. Stockouts

Running out of a material or product during the busiest time of the day is the last thing you want. You must make sure that there is a constant flow of materials coming in and leaving out in order to overcome this difficulty.

Setting up a schedule for acquiring goods and inventory management is crucial for accomplishing this, as well as developing backup plans in case things go wrong. You are in a better position to exert more control over inventory management if your plans are properly established.

  1. Inventory Complexity

Finally, managing an information overload is one of the main difficulties associated with real-time inventory management. It can be quite challenging to manage, whether it’s because there are too many distinct software platforms being used or too many different departments involved.

Firm owners and executives can consider investing in inventory management software that has built-in capabilities for real-time analytics across all sections of a business to address this issue. With the appropriate software, staff from various departments can collaborate to come to more informed judgments. Everyone will be aware of the issues and be on the same page as a result.

Takeaway

With real-time inventory management, you save time and money while operating more efficiently. However, if you can’t solve these challenges and keep them at bay, it could affect your company’s growth and performance. By having a clear understanding of these obstacles, leaders can then work towards finding a solution.

Let our professional software consultant guide you through the way

Arrange for a demo session with us today

Request Demo

How can we help?

If you need to speak to us about a general query fill in the form below and we will call you back within the same working day.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
PSG Grant Announcement.


80% subsidy + Offset another 90% with SFEC

Singapore Office

18 Boon Lay Way, Tradehub 21, #05-100, Singapore 609966 +65 6469 7720 sales@rockbell.com.sg

Johor Office

7A, Jalan Undan 15 Taman Perling 81200 Johor Bahru, Malaysia. +607-334 0707/+607-241 3172 sales@rockbell.com.my

KL Office

No. 28-2B, Jalan Puteri 1/2, Bandar Puteri 47100 Puchong, Selangor +603-8060 5598 sales@rockbell.com.my

Indonesia Office

Jln. Kesehatan Raya No. 60F, Tanah Abang IV, Jakarta Pusat 10161 +62 811 1045 466 sales1@million.co.id
Facebook
Youtube
Linkedin
Copyright 2021 by Rockbell.sg.
  • Login
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
XERO

[wpforms id=”839″]

Million Software

[wpforms id=”835″ title=”false” description=”false”]

Accounting

[wpforms id=”840″ title=”false” description=”false”]

Payroll

[wpforms id=”841″ title=”false” description=”false”]

POS Retail

[wpforms id=”842″ title=”false” description=”false”]

Autocount Software

[wpforms id=”836″ title=”false” description=”false”]

UBS Software

[wpforms id=”837″]

Popcorn POS

[wpforms id=”838″]

Contact us to help you with grants

[wpforms id=”236″ title=”false” description=”false”]

Careers Popup Form

[wpforms id=”814″ title=”false” description=”false”]