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Automatic inventory reconciliation and variance reporting

Purpose

1. Synchronize inventory counts across all systems in real-time to minimize stock discrepancies.

2. Identify variance between physical and digital inventories for faster audits and compliance.

3. Enable automated generation and distribution of variance reports to stakeholders.

4. Facilitate accurate supply chain forecasting and warehouse optimization.


Trigger Conditions

1. Scheduled: Predefined intervals (e.g., hourly, daily, weekly).

2. Event-based: Completion of delivery, stock receipt, or manual inventory check.

3. Exception-based: Deviation threshold breached (e.g., >2% mismatch).

4. API/Webhook: Incoming updates from partner systems/SaaS.


Platform Variants


1. Microsoft Dynamics 365

  • Function: Inventory Journals API
  • Configure recurring GET & POST on journals for inventory reconciliation.

2. SAP S/4HANA

  • Function: Inventory Management OData API
  • Setup GET_MATERIAL_DOCUMENTS to retrieve and compare inventory counts.

3. Oracle NetSuite

  • Feature: Inventory Count API
  • Schedule getInventoryCount and recordInventoryAdjustment.

4. QuickBooks Online

  • API: Inventory Reports endpoint
  • Automate inventory report pull and variance calculation via /v3/company/inventory.

5. Zoho Inventory

  • API: GET /inventoryadjustments
  • Fetch adjustments, compare with physical data, log variances.

6. Odoo

  • Feature: stock_quant API
  • Configure scheduled fetch for stock_quant and write variances into stock.inventory.line.

7. IBM Maximo

  • Function: REST API /inventory
  • Query and reconcile current_balances, push variances to audit logs.

8. Fishbowl Inventory

  • API: Inventory Get InventoryList
  • Automate export and compare with physical data; POST variances to server.

9. SAP Business One

  • Service Layer: /InventoryGenEntries
  • Retrieve and auto-analyze item stock records for discrepancies.

10. Epicor ERP

  • API: InventorySvc/GetWhseInv
  • Fetch and compare with warehouse log entries; auto-generate variance reports.

11. Infor CloudSuite

  • Function: InventoryInquiry API
  • Fetch quantities by item/location; route discrepancies for logging.

12. Sage X3

  • API: STOCK API
  • GET stock quantities and reconcile with actual records.

13. Brightpearl

  • API: /warehouse/stock
  • Retrieve all product inventory and compare against manual/IoT counts.

14. TradeGecko (QuickBooks Commerce)

  • API: /stock-location
  • Automate data pull and calculate mismatches.

15. Cin7

  • API: Inventory Endpoint
  • Compare on-hand values with scanned intake, log any variances.

16. WMS Manhattan

  • Feature: Inventory Audit Trail
  • Configure periodic checks and variance upload.

17. Oracle JD Edwards

  • Function: Inventory Management API
  • Schedule and automate Item Ledger Inquiry.

18. Salesforce Commerce Cloud

  • API: /inventory_records
  • Pull real-time stock, compare with warehouse IoT, notify if mismatch.

19. Shopify

  • API: InventoryLevel
  • Fetch levels via GET, compare physical intake via barcode/RFID systems.

20. Amazon Seller Central

  • API: GET /inventory/v1/stock
  • Retrieve warehouse/transfer stocks and validate with in-house counts.

21. Google Sheets

  • API: Sheets API
  • Automate inventory logs import, compare with downloaded reconciliation reports.

22. Airtable

  • API: Records endpoint
  • Append new inventory count, run comparison, flag discrepancies to stakeholders.

Benefits

1. Reduces manual effort and errors; scalable across multiple supplier systems.

2. Enables proactive issue detection and resolution, improving audit trails.

3. Speeds up reporting and accuracy for strategic logistics decisions.

4. Reduces inventory loss, boosts cost control, and supplier accountability.

5. Enhances compliance for aggregate wholesalers in the construction materials sector.

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