Fresh cut packing storage, sales & inventory control: manage the entire fresh cut manufacturing, packing, and distribution processes with farmsoft Fresh Cut & inventory controls.

99% less fresh produce packing waste

Accurate fresh produce & food inventory management reduces waste through better FIFO stock rotation, stock-takes, and inventory alerts. RFID pallet control (optional) for precision inventory tracking. 

Save time packing fruit & vegetables

Increase the efficiency of fresh produce inventory using options like scanning incoming bar-codes to reduce data entry & errors, integrate with scales for automatic weighing, ore RFID for automatic fresh produce inventory tracking.

Better fresh produce quality control

Guarantee the quality of your fresh produce packing with flexible fresh QC testing systems from your phone or tablet. Customer feedback management, supplier quality control and more...

Reduce fresh produce packing errors & control production

Project required inventory (and shortages), schedule orders to be packed in batches , automatic alerts to prodution line managers.

100% accurate fresh produce order shipping

Shipping teams are guided through the dispatch process from picking using a phone or tablet (optional bar-code scanning), automatic picking, thru bill of lading, invoice, and automatic shipping notifications for customers, transport, and sales teams.

Reduce fresh produce packing administration costs by 40%

Automatic generation of fresh produce labels, bill of lading, invoice, picking documents and more; reduces administrative burden.

Easy audit & recall systems reduces compliance costs.

Faster fresh produce inventory storage  inventory

Accurate fresh produce & food inventory management delivers reduced waste and increased employee productivity. Manage FIFO, improve stock-take accuracy, scan harvester data, and keep a watchful eye on your inventory... Easy stock-take identifies shrinkage and helps reduce waste from ageing. 

100% accurate fresh produce inventory control

Maintain strict fresh produce inventory control and high food safety standards always. Perform recalls based on lot/batch, pack date, invoice #, inventory #, pallet #, delivery date, purchase order #, or perform a recall on your own user defined data. Perform instant recalls both up and down the supply chain. Makes audits easy and instant. COVID-19 food safety & auditing available. 

Reduce fresh produce waste by 99%

Inventory control ensures there is no 'shrinkage', food inventory is FIFO managed, and expiring inventory always monitored.

Reduce administration time by 60%

Automatic paperwork, labels, and reporting reduces the burden on administration teams and saves everyone's time.

Better fresh produce quality now

Quality control and food safety has never been easier with industry standard quality tests, food safety checklists; or configure your own tests. 

100% accurate orders!

Guarantee only the correct inventory is shipped for each order, on time, every time.

Fresh cut packing storage, sales & inventory control: manage the entire fresh cut manufacturing, packing, and distribution processes with farmsoft Fresh Cut & inventory controls.

Farmsoft fresh produce inventory control is for fruit & vegetable packer, processor, import/export.  Full fresh produce inventory control, auditing, inventory control, and fresh produce business management app.

Quality inspection for fresh produce

Consistent and accurate quality control ensures higher customer satisfaction and adherence to industry, de-facto, and in-house quality control standards. Track supplier quality performance, customer feedback & complaints, create QC tests for any part of the fresh produce & food manufacturing process (incoming goods, raw materials, finished goods, expiry test, export/shipping tests), daily factory hygiene, machinery calibration, employee checklists... 

Fresh produce logistics

Manage orders, pack to order, picking and auto picking, dispatch & shipping process. Generate invoices, bill of lading, pick slips, export documentation and other sales documents... Dispatch teams are guided through the dispatch process ensuring every order is filled perfectly, and on time. Paperwork such as BOL, freight documents, export documents are automatically generated based on the customer and destination to guarantee no rejected shipments or issues at borders.

Fresh produce labels

Generate fresh produce SSCC pallet labels, GS1 case & PTI labels, bin labels, batch labels, traded unit labels, harvest labels and more. Use the built in industry standard labels for Walmart, Woolworths, Aldi, Tesco, Loblaws etc - or design your own with the built in label & report designer. Our team can design all of your fresh produce documents to ensure farmsoft matches your requirements perfectly.

Fresh produce packing control

Sales, Quality, Profit, Dispatch, Pack, Farm...... Dashboards for sales teams provide instant impressions of customer orders and current inventory levels. The dispatch dashboard helps plan shipments, order of loading, and transport companies & drivers... The Profit analysis dashboard shows margins per unit and most profitable customers. Use our API to access your data however you like.

Fresh produce batch packing

Project required raw materials needed to pack/manufacture orders, potential shortages, schedule multiple orders to be packed in batches on selected production lines with a few clicks, automatically send new job alerts to managers, schedule additional harvests, analyze outstanding orders. Manage entire packing and manufacturing process with ease.

Fresh produce alerts monitoring

Automatic alerts for shipments can be sent to customers, transport providers, or even team members. Every time a batch is finished processing, receive an alert with the pack-out breakdown and percentages of grades & quality and waste. Alerts can include simple shipment notifications, or even invoices and original order details. Other alerts include order changes/modifications, yield reports, new order alerts, and low inventory alerts... 

Farm app option

Implement the farmsoft Farm Management suite to provide a comprehensive integrated business management solution from seed to plate. Includes automatic task management, best practices, budgeting, farm inventory, PHI enforcement, audits, residue reporting, USDA reporting, dashboards, recalls and more... 

Fresh produce supplier quality control

Suppliers must know that your business is measuring and tracking their performance. Any trends that effect the quality of fresh produce can be quickly detected, automatically traced back to the fresh produce supplier (especially if a result of a customer complaint / feedback), management and purchasing teams are automatically alerted when a supplier quality issue happens. Quantify your suppliers quality using the Supplier Quality Dashboard. 

Fresh produce finance apps

Share data with your Xero finance app, Quickbooks, MYOB, SAGE, using our API, or request our team perform a custom integration for your fresh produce company. This is an optional module, please ask your consultant for additional details and discuss your specific requirements, additional costs will apply for integration with your chosen finance app. 

Fresh produce RFID

Automatic tracking of each pallet’s exact location. Makes loading orders accurate and easy, stops errors during shipping. Very low costs to setup your hardware using farmsoft’s innovative RFID for fresh produce solution. Pallets put onto truck are auto added to order, and checked for accuracy. Pick up a pallet and its RFID instantly selected. Add pallet/bin to production line and its auto added to batch for inventory control.

Fresh produce API

Integrate with virtually any other app or software solution using the farmsoft API. It's open! Anyone can use it. Your in house I.T. team, or any external I.T. vendor you want to help you with integration. Add your own reports, extract special data, or even create new interfaces between farmsoft and any app such as accounting, payroll, B2B, B2C. Other integration in farmsoft includes the ability to integrate with selected weigh scales to capture fresh produce net delivery weights.

Fresh produce bloch-chain

Increase customer confidence and prove the credentials of your inventory control integrity and transparency with block-chain ledger technology.   We use the blockchain solution. (Optional module not included with standard Packing / Food Manufacturing ERP solution).

Improve fresh produce production planning

Efficient management customer orders, and the ability to analyze orders gives you new production planning tolls in farmsoft. Ensure each order is filled to exact specifications, on time, every time. Increase customer satisfaction and retention, and reduce stress in the packhouse with confident production planning using work orders/batch orders, sales contracts, sales orders, and sales order items. Are you manufactruing or processing chili products? Try farmsoft for chili processing. 

Accurate fresh produce inventory control

Quality officers are guided through the quality control process, presented with images and instructions for each test, ensuring they know what to look for at all times, corrective actions are presented if a quality issue is detected. This makes training new fresh produce quality control officers fast, and ensures consistency in the quality control management processes for incoming fresh produce, post pack/post processing, storage, and dispatch. 

Efficient use of fresh produce cold stores

Maximize your cold store use and rotation of stock using farmsoft's pallet maps, and precision inventory control tracking with expiring inventory reminders.
Cold store management software for fruit importers, exporters, packers, cross docking, and short and long term fruit storage.

Fresh cut packing storage, sales & inventory control: manage the entire fresh cut manufacturing, packing, and distribution processes with farmsoft Fresh Cut & inventory controls.

The farmsoft inventory control app provides business wide quality management inspection systems for fresh produce, food manufacturing, seed processing, meat packing & processing, and flower packing.

Woolworths food compliance for food vendors and food manufacturing:  Food Manufacturing Requirements

Woolworths food manufacturing requirements compliance
Woolworths food manufacturing requirements compliance

Here at Woolworths we are committed to working closely with our suppliers, to provide our customers with a fantastic range of products they can trust to be safe and have consistent quality for them and their family. In the development of the Supplier Excellence Program, we have listened to the feedback we have received from our suppliers and endeavoured to develop a program that:  

Suppliers will need to maintain each level of the Supplier Excellence Program, and be audited to:
Level 1: a GFSI* benchmark standard or Supplier Excellence Base Standard.
❖ if your business is audited to one of the GFSI Standards below, you may not need to be audited to the Supplier Excellence Base Standard
❖ if your business does not have a GFSI certification, you will need to be audited against the Supplier Excellence Standard and maintain a satisfactory (minimum Amber) grade ongoing.
Level 2: includes any applicable Industry Standards and Codes of Practice (COPs) - See Appendix 1at the end of this document.
Level 3: Woolworths authorised product specifications are required for all Woolworths branded products, exclusive and fresh products. These have to be current and agreed prior to first production of any product.

Walmart food safety compliance app for inventory control and food safety: for all food businesses including fresh produce, fruit & vegetable packer:  Walmart fresh produce compliance
Food Safety Assessment in Walmart Stores have aligned with GFSI (Global Food Safety Initiative) and requires all private brand suppliers, regardless of company size or the inherent food safety risks associated with their products, to obtain full GFSI certification. Every operation from farm to final pack house or warehouse must achieve GFSI certification to be a Private Brand Supplier. For more information about the certification process for fresh produce, you may review The Supplier’s Guide to Becoming GFSI Certified. Please visit for a full list of recognized schemes. You may also view a list of the recognized audits on the Level
Safety Audit Requirements document.
FDA Bioterrorism Registration - Suppliers will need to ensure that all fresh produce compliance Walmart operations that provide product to Walmart and/or Sam’s Club have registered with
the FDA and have a current FDA bioterrorism registration number. Each operation that is approved and issued a vendor number is required to have an individual FDA registration. To ensure fresh produce Compliance, suppliers will provide this number to Walmart upon our request.

Track and trace fresh produce fruit & vegetable traces fresh produce products from field to plate using simple to use apps for small, medium, and large fruit & vegetable packer, processor, and food manufacturer.  TRACK-AND-TRACE TECHNOLOGY FOR FRESH PRODUCE & FRUIT & VEGETABLE PROCESSOR AND packers
FarmSoft track and trace is a comprehensive fresh produce business management solution that caters for all operational processes from quality control, inventory, sales, dispatch, and orders. FarmSoft even provides food manufacturing, good manufacturing management, and value adding features. FarmSoft track and trace software provides many innovative features to bring easily maintained benefits to the fresh produce processor, packer, and marketer.

Using the FarmSoft inventory control code, customers, and end consumers can track and trace fresh produce simply by scanning a QR code with their smartphone. The track and trace system will then present the customer/end consumer with the inventory control or marketing information as chosen by the packer. This helps to improve customer confidence and provides supply chain transparency to promote the concept of food safety.

Herb drying, packing, sales: Manage the entire herb drying and dehydration, packing, processing, and sales space for herb processors and packers.  Herb drying, packing, sales: Manage the entire herb drying and dehydration, packing, processing, and sales space for herb processors and packers.
Herbs are widely utilized in food and health industries. Their beneficial effects to the human body have been attributed to the presence of active phytochemical ingredients with some efficiency for disease treatment as well as for beauty and health enhancement. Public awareness on the adverse effects of synthetic chemical products also increased the demand for herbal products. Highly efficient herbal processing and extraction technologies have been developed to obtain the optimal amounts of active ingredients from herbs and cope with the rising demands for herbal products. This article reviews the state-of-the-art development in herbal processing and extraction methods from the year 1991 until 2015. We start with a brief history of herbal usage, followed by descriptions of 10 types of extraction processes and critical analysis of their relative advantages and disadvantages. Scale-up considerations of the extraction methods are shared, and a highlight of the current and future challenges facing the herbal industry is presented.

11-Point Checklist for Perishable Inventory Management > Fresh produce inventory management:   1: Demand Classification

Advanced inventory optimization tools are available to profitably replenish your perishable inventory and help standardize your perishable ordering for maximum user efficiency, top-line revenue and profitability. These forecasting systems enable buyers to easily replenish perishable inventory multiple times per week, adapt quickly to new trends, plan for seasonality, accurately calculate safety stock, accommodate varying lead times, manage product dating and visualize expiration data, understand cost constraints and more.

If you want the best possible prediction of future demand, you’ll need to classify demand properly. Demand classification technology analyzes your SKUs and puts them in the proper classifications – such as continuous sellers, seasonal, intermittent, lumpy, slow moving, etc. – using demand attributes like volume and volatility. Your users can then leverage these in selecting forecast models and creating seasonal a forecast adjustment.

Produce a wide range of essential export documents for your fresh produce business, including SENASA, COO (Certificate of origin), Phytosanitary certificates and more. Guarantee your export documents are 100% accurate, and rapidly produced to ensure timely delivery of your fresh produce export/imports.
Generate SENASA export documents rapidly, and accurately. Email SENASA export documents to customers and shippers, and international freight forwarders.
BUILT IN SENASA inventory control
Guarantee the accuracy of your SENASA documents, with full pick list including pallet details and batch summaries. Up front inventory control declarations increase customer confidence.
The farmsoft SENASA documents include serial, internal batch, remission guide, producer code, Jaba used, supplier batch, boxes from each batch, and weight details.

Woolworths compliance & inventory control made easy...
The farmsoft solution helps your business comply with Woolworths fresh produce packaging, labeling, and inventory control requirements. inventory control is built into the core of farmsofts fresh produce inventory management solution; from orders, through to dispatch and sales. Ensure your fresh produce business complies with Woolworths fresh produce requirements with ease and speed. Print Woolworths compliant GS1-128 RPC (returnable plastic crate) tags, carton labels, crate labels, and Woolworths compliance SSCC pallet labels. Full bar-code inventory & pallet management, stock take (mobile & PC), pallet control, inventory labels (raw & finished), cold store, 3D storage, container management...  Reduce waste during the packing, processing, storage, and distribution phases. By enforcing Woolworths best practices, FIFO, inventory expiry monitoring, and easy stock takes - your company has every opportunity to minimize waste and maximize profit. From bar-code managed inventory, inventory labeling, to 3D pallet storage, farmsoft delivers on reduced waste. 

Coles labels for fresh produce requirements generate fresh produce labels that comply with Coles fresh produce labelling requirements. Manage inventory and your entire fresh produce operations including quality control and sales.  Coles fresh produce labeling requirements made easy with farmsoft...
Rapidly generate batch specific labels for packing fresh produce for Coles label compliance. Full enforcement of inventory control and quality control compliance for Coles fresh produce vendors, suppliers, and partners.

By enforcing Coles best practices, FIFO, inventory expiry monitoring, and easy stock takes - your company has every opportunity to minimize waste and maximise profit.
COLES inventory control COMPLIANCE.  Perform recalls in seconds, with the full confidence of accuracy and reliability. Minimise risk by ensuring accurate inventory control is automatically captured and all Coles inventory control and compliance is being met at all times. Easy audits & reduced compliance costs.

Coles compliance fresh produce helps fresh produce packers, wholesalers, import/exporters of fresh produce adhere to Coles fresh produce compliance from labelling, documentation, inventory control, quality control and more...  Easily comply with Coles inventory control, labeling, and fresh produce management.

Coles compliance fresh produce quality control
Coles compliance fresh produce quality control
By enforcing Coles best practices, FIFO, inventory expiry monitoring, and easy stock takes - your company has every opportunity to minimize waste and maximise profit.
COLES inventory control COMPLIANCE
Perform recalls in seconds, with the full confidence of accuracy and reliability. Minimise risk by ensuring accurate inventory control is automatically captured and all Coles inventory control and compliance is being met at all times. Easy audits & reduced compliance costs.
Minimise your admin costs with automatic and accurate printing/emailing of dispatch dockets, invoices, coles labels and more. No more rejected orders because of wrong documentation accompanying a shipment.

USDA APHIS compliance software solution to improve fruit and vegetable compliance for import and export to the USA. Increase efficiency, reduce waste in the fresh produce supply chain.  USDA APHIS compliance software solutions guide your fresh produce handling processes and ensure strict and easy compliance with inventory control, food safety, and recall processes for importers and exporters.  USDA APHIS compliance software solution for packers of fruit and vegetables: processors, exporters and wholesalers of fresh produce.  USDA APHIS compliance software solutions from farmsoft guides employees through the entire USDA APHIS compliance process, making sure every action is taken at the correct time, and correct inventory control details are being preserved at every step. This results in reduced waste and increased employee productivity by following correct food handling and food safety processes for post harvest activities in USDA APHIS compliance environments. Using farmsoft’s document management system for permits and certifications, you can manage Organism & Soil Permits, Plant Product Permits, transit permit information, fruit and vegetable import requirements (FAVIR), permit to import plants and more.

Tesco compliance fresh produce

Tesco compliance fresh produce, Tesco, Woolworths, Aldi, and Loblaw compliance software.  Tesco, Woolworths, Aldi, and Loblaw food safety compliance.  Tesco Food Manufacturing Standard (TFMS). This standard has been developed to outline the requirements to which manufacturers must comply in order to begin supplying, and thereafter continue supplying Tesco, either directly or indirectly. The standards support our commitment to ensuring all Tesco brand products are safe, meet legal requirements, and always meet customer expectations with respect to quality, provenance and responsible sourcing, building trust in the Tesco brand and supply chain.  This version builds upon Tesco’s UK approach of ensuring that standards can be applied in a way that manages risk and grows capability. It is intended to be interpreted by our suppliers across the world, in a way that allows individual sites to put controls in place that are appropriate to them and their industry, and proportional to the risks specific to their products, their processes and their site environment. Full application of the standards will support suppliers in driving improvement, a reduction in non-conforming products, and therefore help to reduce waste and cost.

Print AANZFTA & Organic Certificate (Australia) for exporters
AANZFTA & Organic Certificate
AANZFTA & Organic Certificate
AUSTRALIAN CERTIFIED ORGANIC 320-09 EX1399 and 320-10 EX11300
The majority of organic products sold in Australia carry the Australian Certified Organic Logo. You will see the BUD on products including fresh produce fruit and vegetables such as apple, orange, citrus, sultana, currant, table grapes, avocado, dried fruits, and other perishable foods.
Fresh produce and quality dried fruits represent everything that Australian organics is about – the growth and promise of spring, the sign of big things growing from the initial organic movement, and the strength and logic of nature and natural (biological and organic) systems in guiding our choices in life. Australian organic fresh produce and dried fruits tells consumers that all the product ingredients have been certified to the Australian Certified Organic Standard and have met rigorous certification checks. Use farmsoft for packing products such as fresh produce and dried fruits which have achieved certification through ACO’s certification scheme. Print Organic Certificates for Australia’s leading certification program – ACO – ensuring integrity of organic products in the marketplace for consumers and reducing administrative costs. Print Organic Certificate 320-09 EX1399 and Organic Certificate 320-10 EX11300 quickly from farmsoft for each shipment ready for export. ACO FAQ.

USDA fresh produce compliance software
USDA fresh produce compliance software:  The U.S. Food and Drug Administration (FDA) oversees food safety for fresh fruit and vegetables. After several large outbreaks of food borne illnesses in the mid-1990s, traced to California lettuce and Guatemalan raspberries, FDA started to focus on the potential for microbial contamination of fresh produce at the farm level. In 1998, FDA published its voluntary guidelines for good agricultural practices (GAPs) to reduce microbial contamination. FDA acknowledges that with current technology it is possible to reduce, but not eliminate, the risk of microbial contamination. These voluntary guidelines are used by many U.S. and foreign producers growing for the U.S. market. GAPs are general guidelines that can be used for any fresh fruit or vegetable. For growers, adopting GAPs has benefits and costs. When there is an outbreak traced to a particular commodity, all growers face reduced consumer demand, even if the outbreak is not traced to their operation. Farmers with GAPs can reduce their losses in such a case. In the 2003 hepatitis A outbreak associated with green onions imported from Mexico, growers with GAPs and third-party audits of their status suffered fewer losses than other Mexican growers who could not easily show buyers that they took food-safety precautions.  

FSMA compliance for fresh produce processing - an easy to use software solution.  FSMA compliance for fresh produce processing. Less waste, more inventory control.

The US Food and Drug Administration (FDA) Food Safety Modernization Act (FSMA) is considered the most sweeping reform of US food safety laws in more than 70 years. The FSMA focuses on preventing, rather than reacting to contamination. Therefore, it requires organizations within the food industry to ensure that their supply chains are secure.
The FDA Food Safety Modernization Act (FSMA) Produce Safety rule is now final, and the earliest compliance dates for some farms begin one year after the effective date of the final rule (see “Compliance Dates” below). The rule establishes, for the first time, science-based minimum standards for the safe growing, harvesting, packing, and holding of fruits and vegetables grown for human consumption.
The final rule is a combination of the original proposal and revisions outlined in the supplemental proposal, with additional changes as appropriate. The definition of “farm” and related terms were revised in the final Preventive Controls for Human Food rule, and the same definitions of those terms are used in this rule to establish produce safety standards. Operations whose only activities are within the farm definition are not required to register with FDA as food facilities and thus are not subject to the preventive controls regulations.

Walmart fresh produce compliance software for fruit and vegetable packers & wholesalers.  
Food Safety Assessment in Walmart Stores have aligned with GFSI (Global Food Safety Initiative) and requires all private brand suppliers, regardless of company size or the inherent food safety risks associated with their products, to obtain full GFSI certification. Every operation from farm to final pack house or warehouse must achieve GFSI certification to be a Private Brand Supplier. For more information about the certification process for fresh produce, you may review The Supplier’s Guide to Becoming GFSI Certified. Please visit for a full list of recognized schemes. You may also view a list of the recognized audits on the Level
Safety Audit Requirements document.

FDA Bioterrorism Registration - Suppliers will need to ensure that all fresh produce compliance Walmart operations that provide product to Walmart and/or Sam’s Club have registered with
the FDA and have a current FDA bioterrorism registration number. Each operation that is approved and issued a vendor number is required to have an individual FDA registration. To ensure fresh produce Compliance, suppliers will provide this number to Walmart upon our request.  Licensing & Registration - Certain states have licensing and registration requirements above and beyond Federal registration requirements.  

BRC fresh produce compliance software for easy food safety fruit and vegetable packing and processing.  BRC fresh produce compliance software for food safety
The BRC Food Safety Standard can be used by any food processing operation where open food is handled, processed or packed. This could be from primary products such as fresh produce pack houses and slaughterhouses through to processed foods, canneries and ready to eat products. We’ve designed the BRC Food Safety Standard to help you establish good manufacturing practices so you’ll produce safe, legal products that meet the quality levels expected by your customers.

BRC fresh produce compliance
BRC fresh produce compliance

For any food safety system to be effective it’s essential the senior management team is fully committed to its application and continued development. The basis for the Food Safety System is an effective HACCP (Hazard Analysis and Critical Control Point) program based on the requirements of the internationally recognised Codex Alimentarius system. Sets out expectations for the production environment including the layout and maintenance of the buildings and equipment, cleaning, pest control, waste management and foreign body controls.

BRC Sets out requirements for the management of food safety and quality, building upon the principles of ISO 9000. This includes requirements for product specifications, supplier approval, inventory control, and the management of incidents and product recalls.

HACCP GLOBALGAP compliance for fruit packers - complete business management software for recall, audit, inventory, and inventory control.  Hazard analysis and critical control points or HACCP is a systematic preventive approach to food safety from biological, chemical, and physical hazards in production processes that can cause the finished product to be unsafe, and designs measurements to reduce these risks to a safe level. In this manner, HACCP is referred as the prevention of hazards rather than finished product inspection.

The HACCP system can be used at all stages of a food chain, from food production and preparation processes including packaging, distribution, etc. The Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA) require mandatory HACCP programs for juice and meat as an effective approach to food safety and protecting public health.
Seafood and juice are regulated by the FDA. All other food companies in the United States that are required to register with the FDA under the Public Health Security and Bioterrorism Preparedness and Response Act of 2002, as well as firms outside the US that export food to the US, are transitioning to mandatory Hazard Analysis and Risk-based Preventive Controls (HARPC) plans.
HACCP (Hazard Analysis and Critical Control Point) is a system that helps food business operators look at how they handle food and introduces procedures to make sure the food produced is safe to eat.

GFSI compliance for fruit and vegetable handling - complete business management software:  A food safety management scheme is ‘recognised’ by GFSI when it meets internationally recognised minimum food safety requirements, developed by multi stakeholders, which are set out in the GFSI Guidance Document | GFSI Benchmarking Requirements. GFSI is not a scheme in itself, and neither does it carry out any accreditation or certification activities.

Certification to a GFSI recognised scheme is achieved through a successful third party audit against any of the schemes listed as being recognised by GFSI. The third party companies that provide certification services are known as Certification Bodies (CBs). They are key stakeholders to GFSI and active participants, both in the professional network as well as in the GFSI Technical Working Groups. The Certification Bodies are authorised to audit against the recognised scheme through a formal agreement with the Scheme Owner (SO) combined with the scope of their accreditation.

Accreditation Bodies (ABs) are not-for-profit organisations, either government owned or under agreement with government, charged with ensuring that participating Certification Bodies in the country are subject to oversight by an authoritative body.

Accreditation Bodies may not be high profile in each country but they play a key role in the accredited certification process and ensuring international consistency in conformity assessment.

Due to complex challenges in today’s food supply chain, many of the world's largest food retailers are mandating supplier certification to Global Food Safety Initiative (GFSI) schemes, which include SQF, BRC, IFS, FSSC, GLOBALG.A.P. and BAP and CanadaGAP.

Inventory Management Techniques Every Online Business Needs to Know
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Picture your favorite retailer.

In every business, inventory is always one of the assets that account for a large proportion of the total asset value. Although warehouse management activities are not in many cases, if they are not closely inspected, huge waste will be ignored. Therefore, build an inventory management system being stock to request for all business. In this article, we will discuss types of inventory management systems and how they will impact businesses.

What is inventory management?
Table of ContentsShow More
1. What is inventory management?
2. The importance of an inventory management system in business
3. Types of inventory management systems
4. Odoo Inventory Management – Maximize Your Warehouse Efficiency
1. What is inventory management?
Inventory management refers to how a business manages its current stock, including how it tracks and manages the number of products as they move in, across, and out of the business.

It encompasses making sure the right levels and quantities of stock are available at the right time and in the correct locations. It can also involve processes such as optimizing warehouse layouts and identifying redundant inventory.

2. The importance of an inventory management system in business
An inventory management system is a system that helps keep track of inventory levels, orders, and the storage of goods in the inventory of each business. The process of building an inventory management system is defined from the moment the raw materials enter the warehouse until the moment the finished product is released out of stock.

Accordingly, this work requires closely monitoring the business operations of the business, as well as predicting the fluctuation of goods in the market to coordinate the inventory, making appropriate storage policies, and minimizing the risks of inventory. Building an inventory management system offers many benefits within an organization:

Ensure that the quantity of inventories fully meets the market demand, avoids disruption in the supply.
Minimize potential risks from inventory such as goods stagnation, product quality reduction, and expiry date. From there, increase the ability of capital turnover of the organization.
Balance the stages in the business: Purchase – Reserve – Production – Consumption.
Optimize inventory to increase business efficiency and reduce investment costs. From there, it helps businesses improve their competitiveness compared to their competitors.
3. Types of inventory management systems
That being said, the inventory management system is only as strong as the manner in which you use it.

The inventory control by the experts who produced the program is worth additional time and resources. Work with them to ensure that you use the appropriate strategies and features to make the most of your buck.

Take a look at certain different types of inventory management systems that you can use in your own warehouse.

Types of inventory management systems
3.1. Perpetual inventory control system
Details on the continued availability of various types of goods and stores purchased, released and their balance in hand is vital for a large business organization. The perpetual inventory management system enables the producer not to experience the physical stock inspection process but to know the availability of certain products and stores.

The right information about the receipt, issue, and materials in hand are maintained under this scheme. The main aim of types of inventory management systems is to provide accurate details at all times about the stock level of each item.

Until it is followed by an ongoing inventory management system to review the total inventory of units 3-4 times annually by collecting 10-15 items daily against physical inventory that takes place once a year, the system for continuous inventory control will not be effective.

The products are rotated so that the operation of the continuous stock collection is normally carried out more efficiently, by someone other than the storekeeper. This will help to check that the storekeeper works as well. The performance of the inventory control system depends on the correct implementation of the ongoing inventory verification system.

Advantages of perpetual inventory control system
Quick assessment of the closing stock: 

Whether it’s a local boutique or a large enterprise, ask yourself a couple questions:

Do they consistently have the products in stock that you want?
Do they carry goods both in-store and online?
If the answers are yes, chances are they probably have a good handle on their inventory management.

What is Inventory Management?
Inventory management — a crucial component of supply chain management — is the process of tracking stock levels and the movement of goods, whether it be delivering raw materials to manufacturers or fulfilling orders for finished products.

Inventory management is the fundamental building block to longevity, helping businesses to minimize costs, improve cash flow and boost profitability.

When your inventory is properly organized, the rest of your supply chain will fall into place. Without it, you risk a litany of mistakes like mis-shipments, shortages, out-of-stocks, spoilage (when dealing with perishable stock items), overstocks, mis-picks and so on.

Nonetheless, 43% of small businesses still don’t track their inventory, and, on average, U.S. retail operations have a supply chain accuracy of only 63% — which means many retailers aren’t taking advantage of the inventory management software available.

Unlike an enterprise resource planning (ERP) system, an inventory management system focuses on one supply chain process. They often come with the ability to integrate with other software systems — POS (point of sale), sales channel management, shipping — so you can build a personalized integration stack to meet the unique needs of your business.

Process of Inventory Management
Before building an inventory management plan, you’ll need to have a solid understanding of each step in the inventory management process. This is crucial to minimizing error and choosing the most effective inventory management software for your business.

Goods are delivered to your facility. This is when raw materials and subcomponents for manufacturers or finished goods for consumers first enter your warehouse.
Inspect, sort and store goods. Whether you use dropshipping, cross-docking or a different warehouse management system, this when inventory is reviewed, sorted and stored in their respective stock areas.
Monitor inventory levels. This may be through physical inventory counts, perpetual inventory software or cycle counts and helps minimize the chance of error.
Stock orders are placed. Customers place orders either on your website or in-store.
Stock orders are approved. This is when you pass the order to your supplier, or it may be automated through your POS system.
Take goods from stock. The necessary goods are found by SKU number, taken from stock and shipped to the manufacturer or customer.
Update inventory levels. Using a perpetual inventory system, you can automatically update inventory levels and share with necessary stakeholders.
Low stock levels trigger purchasing/reordering. Restock inventory as needed.
To better visualize these eight steps, try creating an inventory process map like the one below. Track and review each step of the process in order to minimize out-of-stock and overstocked inventory.

Inventory Management Techniques
Especially for larger apps with lots of moving parts, inventory management can become complex, encompassing several techniques and strategies. Let’s take a look at some inventory control techniques you may choose to utilize in your own warehouse.

Economic order quantity.
Economic order quantity (EOQ) is a formula for how much inventory a company should purchase with a set of variables like total costs of production, demand rate and other factors. The formula identifies the greatest number of units in order to minimize buying, holding and other costs.

Minimum order quantity.
Minimum order quantity (MOQ) is the smallest amount of inventory a retail business will purchase in order to keep costs low. However, keep in mind that inventory items that cost more to produce typically have a smaller MOQ, as opposed to cheaper items that are easier and more cost effective to make.

ABC analysis.
This technique splits goods into three categories to identify items that have a heavy impact on overall inventory cost.

Category A is your most valuable products that contribute the most to overall profit.
Category B is the products that fall in between the most and least valuable.
Category C is for small transactions that are vital for overall profit but don’t matter much individually.
Just-in-time inventory management.
Just-in-time (JIT) inventory management is a technique in which companies receive inventory on an as-needed basis instead of ordering too much and risking dead stock (inventory that was never sold or used by customers before being removed from sale status).

Safety stock inventory.
Safety stock inventory management is extra inventory that is ordered and set aside in case the company doesn’t have enough for replenishment. This helps prevent stock-outs typically caused by incorrect forecasting or unforeseen changes in customer demand.

LIFO and FIFO are methods to determine the cost of goods. FIFO, or first-in, first-out, assumes the older inventory is sold first in order to keep inventory fresh.

LIFO, or last-in, first-out, assumes the newer inventory is typically sold first to prevent inventory from going bad.

Reorder point formula.
The reorder point formula calculates the minimum amount of stock a business should have before reordering. A reorder point is usually higher than a safety stock number to factor in lead time.

Batch tracking.
Batch tracking is a quality control technique wherein users can group and monitor similar goods to track inventory expiration or trace defective items back to their original batch.

Consignment inventory.
If you’re thinking about your local consignment store here, you’re exactly right.

Consignment inventory is when a consigner (vendor or wholesaler) agrees to give a consignee (retailer) their goods without the consignee paying for the inventory upfront. The consigner offering the inventory still owns the goods, and the consignee pays for them only when they sell.

Perpetual inventory management.
Perpetual inventory management is simply counting inventory as soon as it arrives to deliver real-time insights.

It’s the most basic type of inventory management system and can be recorded manually on pen and paper or an Excel spreadsheet. Or, by using handheld devices that scan product barcodes and RFID tags, you may use an inventory system that automates inventory balances as soon as stock is moved, sold, used or discarded.

here was a time when inventory management could be done by writing down your numbers in a spreadsheet or even a notebook. But given how retailers have expanded their businesses to multiple channels, sell an even more diverse line-up of products, and offer various fulfillment options, that system will no longer cut it.

As time and technology — and the retail industry — have evolved, a more sophisticated approach to inventory management isn’t just a good idea — it’s become a necessity. While there is no one-size-fits-all approach to inventory management, there are certain approaches that have proven to be successful that you can apply to your business to decrease your stress and increase your bottom line.

What Is Inventory Management and Why Is It Important?
Inventory management (sometimes referred to as store inventory control0 is a way of keeping track of your business’s stocked goods and monitoring their weight, dimensions, amounts, and location. The aim is to minimize the cost of holding inventory by letting you know when it’s time to replenish products, or buy more materials to manufacture them.

Inventory management is one of the most important things you can do as a merchant, as it ensures you have enough stock on hand to meet customer demand. When not handled properly, you can lose money on potential sales that can’t be filled and/or waste money by stocking too much inventory.

But when done right, inventory management can save you money in a variety of ways. If you sell something with an expiration date, inventory management helps you avoid unnecessary spoilage. This also helps you avoid dead stock — those items that might not expire, but that can go out of season or style.

Finally, inventory management saves you on warehousing costs. Storage costs increase when you have too much product to store at once or if you’re stuck with a product that’s difficult to sell, so avoiding this saves you money.

Vend Tip

Looking for an inventory management system that can do all of the above? Vend’s powerful stock control capabilities can help keep your inventory in check. Take a tour of our inventory software or take a free Vend trial to see how.
Essential Inventory Store Control Methods
Inventory is product that you’ve already paid for, but when it’s sitting on your shelves or in a warehouse, it’s not making you any money. That’s why effective inventory management can lead to better cash flow, and increase your bottom line. And while there are many different inventory management methods to use, the more common store stock management techniques are listed below.

Establish Par Levels
The first thing you should do is establish par levels of your products, which are the minimum amount of product that must be on hand at all times.

You know it’s time to order more when your stock dips below that predetermined level, which will vary by product. These levels are based on how quickly the item sells and how long it takes to get back in stock, and in a perfect world, you will order the minimum quantity that will get you back above par — eliminating excess stock while preventing a lack of in-demand product.

While establishing par levels can take a little bit of research and up-front work, having them set will systemize the process of ordering and help you make quicker decisions. Remember that things can change over time, so check your par levels throughout the year and make any necessary adjustments.

Vend Tip

Did you know that Vend lets you set re-order points to ensure that you always have adequate stock? Learn more about how to set the right re-order points here.
First-In, First Out (FIFO)
First-in, first-out (FIFO) is one of the more straightforward approaches to stock control and is when a retailer fulfills an order with the item that has been sitting on the shelf the longest. Basically, your oldest stock gets sold first — not your newest stock.

While this is absolutely critical for perishable items to avoid spoilage, it’s also good practice for non-perishable items. Things like packaging design and features often change over time, and the last thing you want is to end up with something obsolete that you can’t sell.

FIFO often results in a lower cost of goods sold number because older items generally carry a lower cost than items purchased more recently, due to potential price increases. With a lower cost of good sold number, you can have higher profits.

Last-In, First Out (LIFO)
On the other end of the spectrum, we have last-in, first out (LIFO) which is the opposite of FIFO. This inventory management method assumes the most recently acquired product is also the first to be sold, and the most recent pricing is used to determine the value of the merchandise that has been sold.

While most retailers opt to use the FIFO method, some choose LIFO based on the assumption that prices are steadily rising. This means the most recently-purchased inventory will also be the highest cost, which will yield lower profits, and, subsequently, lower taxable income.

Manage Supplier Relationships
There’s more to having a good relationship with your suppliers than simply making friendly conversation. It requires clear, proactive communication because being adaptable is part of successful inventory management. Things can quickly change, and having the ability to return a slow selling item to make room for a new product, quickly restock a fast seller, troubleshoot manufacturing issues, or temporarily expand your storage space depends on how willing your suppliers are to work with you on solving any potential issues.

Keeping the lines of communication open means they can let you know if a product is running behind schedule or informing them when you’re expecting an increase in sales so they can adjust production. If you have a strong relationship with your suppliers, this can lead to stronger sales.

Use ABC Analysis

This inventory management technique helps you to prioritize products, categorizing each item under one of the following:

A (high-value products, low sales frequency): They will require the most attention because these items have a greater financial impact on your business. However, they’re harder to forecast because they’re not in high demand.
B (middle-value products, average sales frequency): In terms of priority, these products fall somewhere in the middle.
C (low-value products, high sales frequency): These products move off the shelves more quickly and easily, making them easier to predict. Because they generate sales that are less impactful to your bottom line, they require the least amount of attention and maintenance.
This method helps you understand which products are sitting on the shelves for too long. “A” products are the most valuable and should be closely monitored to make sure you don’t run the risk of over- or understocking. With “C” products, which are more self-sustainable, make sure they’re making you money and that it’s worth it to keep selling them. Finally with “B” items, simply monitor them to see if there’s the potential for them to turn into “A” or “C” products.

Utilize Open-To-Buy (OTB) Inventory Planning