Maintaining accurate stock levels is crucial for efficient resource planning in rental companies. This article focuses on managing stock levels for rental items within Rentman, making the process clear and straightforward for first-time users.
Setting Up Stock
When it comes to stock management, Rentman offers two ways to keep track of your inventory.
When adding equipment, you can decide per equipment item which of the above described options you want to use.
Influences on Stock Levels
|Manual stock movements
|Manually adjusting stock for sales and rentals impacts equipment availability. Learn how to input equipment deliveries and correct stock positions here.
|Updating stock positions through imports is reflected in the overall stock count.
|Inventory countingEquipment Tracking
|Differences from inventory counts are automatically adjusted in stock levels after completion.
|Lost items (through warehouse bookings)Equipment Tracking
|When items are reported as being lost in the warehouse, the stock of this specific item will be adjusted accordingly. Learn here how to report an item as lost. Items can only be reported as being lost when they carry a serial number.
|Found itemsEquipment Tracking
|When items are being reported as being found again, the stock of this specific equipment item will be adjusted accordingly. Learn here on how to mark equipment items as found here.
How to make a correction to your stock
It can, of course, happen that your stock is not entirely accurate, necessitating a correction to your current stock level. This can be easily accomplished by making a stock correction.
- Go to the Equipment module and select an equipment; click on "Edit."
- Navigate to the 'Stock' tab.
- Click on
- Enter the "New stock" position
- Optional: Add details such as 'Name' (e.g., "delivery X was not complete"), Stock location and change the description if necessary (e.g., "Due to incomplete delivery").
Please kindly note that these steps are effective for bulk items.
Move stock between your stock locations
Schedule stock movement
When you buy new equipment, it won't be visible immediately, but you'll see the future stock increase soon. It's crucial to have this information in your overview for better project planning.
As time goes on, you may need to decrease your stock, like when you sell an item, to keep your inventory accurate.
To learn more about how this works, check out this page.