• Monitor inventory levels in real-time, including stock on hand, in transit, and on order. • Ability to Set up alerts for low stock levels to prevent shortages and overstock situations. • Manage inventory based on batch numbers and expiration dates, especially important for perishable goods or pharmaceuticals. • Automatic notifications for low stock levels to prevent shortages. • Monitor expiration dates of reagents and supplies to minimize waste and ensure quality. • Barcode scanning for easy tracking of items received, used, and returned. • Automate the creation of purchase orders based on inventory levels or forecasts. • Maintain a database of suppliers, including contact information, payment terms, and preferred communication methods and pricing, to streamline ordering. • Analyze historical usage data to forecast future needs and adjust inventory levels accordingly. • Keep track of supplier contracts, pricing agreements, and delivery terms. • Support various payment methods (bank transfers, credit cards, checks) to accommodate supplier preferences. • Generate reports detailing payment histories, outstanding invoices, and aging reports to manage cash flow effectively. • Generate reports on inventory levels, turnover rates, and stock usage to inform decision-making. • Analyze costs associated with different suppliers and products to optimize procurement. • Integrate supply chain and inventory management with the LIS to ensure that inventory levels reflect actual usage in lab testing.