Stop reconciling three spreadsheets — raw material in one, work-in-progress in another, finished goods in a third. Fast Inventory holds every store between goods-in and dispatch on a single ledger: issue material to the line, keep WIP visible, return what isn't used, run lot and FIFO where it matters, and post the FG slip that turns work-in-progress into finished stock. One configurable system, cloud or on-premise, India and worldwide.
Stores tracks raw material, production tracks WIP on a whiteboard, dispatch counts finished goods. No two numbers agree, and month-end reconciliation eats days.
Stock drops when material leaves the store, even if the job runs for a week. WIP is invisible, and over-issue quietly vanishes into production with no trail back.
Some items need batch and FIFO; most don't. Generic software forces one rule on everything, so either nothing is lot-traced or every simple part gets needless batches.
Production says it made 200; stores can't find them; dispatch double-counts. Without a controlled FG slip, made and on-hand are two different numbers.
Every movement lands in the right store and leaves a ledger trail, so the balance in each store is always the balance on the floor — not an estimate reconciled at month-end.
Fast Inventory gives stores and production managers the shop-floor stock control they keep trying to build with slips and spreadsheets — with the ledger built in.
A shop floor doesn't hold one pile of stock. Fast Inventory gives you production, FG, rejection, rework, component, packing-material and scrap stores — each a configured location on the same movement engine, set up department- and store-wise. Material lands where it belongs, good stock never mixes with reject, and each store carries its own balance and valuation.
Issue against stock deducts material as it leaves the store. Issue against consumption holds it on the production store and only decrements raw material when finished goods are booked — so a job that runs for a week keeps its work-in-progress visible the whole time. And when the line doesn't use everything, a material return adds the excess back to stock with a ledger trail, so consumption stays honest.
Most manufactured parts don't need a batch number; some absolutely do. Fast Inventory lets you switch lot and batch tracking on per item, with production and expiry dates, and consume by FIFO — or FEFO for expiry-dated material, where expired lots are excluded and the nearest-expiry lot is issued first. Batch-wise tracking for the items your customer or regulator demands; everything else stays plain.
When a job is complete, the FG slip converts work-in-progress into finished goods and transfers it into the FG store — posted to the same ledger inventory and valuation read. Finished goods can be lot-tracked, over-production is handled cleanly, and from that moment made and on-hand are the same number. A later stock transfer moves it to the delivery store against a packing list, ready to ship.
Because every store movement posts to one immutable stock ledger, the reports come for free: item- and location-wise stock, valuation at cost, stock aging, fast- and slow-moving analysis, ABC classification, reorder-level alerts and a reconciliation report against your physical count. Managers see raw-material exposure, WIP value and finished-goods stock in one place, whenever they ask.
Codes, UOMs, tax group, valuation and min/max reorder levels for raw material, components, sub-assemblies and finished goods — one catalogue for the whole plant.
Goods receipt, material issue and return, stock transfer, gate pass and stock adjustment — every movement on one engine, every leg on the immutable ledger.
Batch tracking with production and expiry dates, FIFO consumption or FEFO for perishables, and hold/quarantine status — switched on only where it's needed.
Cycle, annual and perpetual counts that record system-vs-physical variance only, then reconcile through a stock adjustment — the count never silently changes stock.
Stock ledger, valuation, aging, fast- and slow-moving, ABC, reorder-level and reconciliation reports across raw material, WIP and finished goods.
When Fast Production runs alongside, work orders issue and consume through this same engine; movements post to Tally as stock journals — no double entry.
Yes. All three sit on one stock ledger in their own stores — production, FG, rejection, rework, component and scrap — so the whole flow is one balance, not three books to reconcile.
Material is held on the production store and raw material is only deducted when finished goods are booked, so WIP stays visible and consumption reconciles to what was actually made.
Yes, per item. Switch on batch tracking and FIFO — or FEFO for expiry-dated stock, which excludes expired lots and issues nearest-expiry first — only for the items that need it.
The posting that converts WIP into finished goods and moves it into the FG store as lot-tracked, on-hand stock — from that point made and on-hand are the same number.
Yes. Material issued but not consumed is returned to stock on a material return that adds it back and leaves a ledger trail, so over-issue comes back rather than disappearing.
Either. Fast Inventory runs cloud and on-premise for manufacturers of every size, across India and worldwide, and stays standalone or connects to the rest of the Fast Suite.
When part of the process goes outside, track material sent for job-work until it returns as finished goods, unused excess or a general return.
Learn moreFull item- and process-code genealogy, batch tracking and an immutable ledger for pharma, food and other traceability-critical manufacturing.
Learn moreKeep maintenance spares and consumables in their own stores, counted the right way for each — apart from the raw material that runs through production.
Learn moreRetail, 3PL, project- and warehouse-wise, cold chain and more — every inventory scenario Fast Inventory configures for on one engine.
See all solutionsA 30-minute demo — your stores, your items, your movements on screen. See material issue against consumption, unused returns, lot/FIFO and the FG slip work as one system.
