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09 Profit4 Features

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Stock management system

Take full control of your stock

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With Profit4’s Cloud stock control system you’ll effortlessly manage your inventory, cut costs, and save hours of work.

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The benefits of Profit4's stock management system

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Save hours of work.
Automate manual processes to cut down labour requirements.

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Increase sales.
Optimise stock levels and forecast demand.

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Improve accuracy.
With real-time stock levels and locations you will know exactly what's in stock.

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Trusted by 1000's of UK users

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"We outgrew Sage & since we’ve switched to OGL Software, we’ve definitely seen a step up in our sales & our customer service."

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James Elliott, Director

Deligo

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"Since going live on Profit4, we have been able to get our stock control in order & reduced our stock holding down at any one time by about £100,000 a month."

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Mark Ashworth, Commercial Director

ABM Electrical

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Streamline your operations, grow your business

One system to run your entire business

Profit4's stock management system will bring together your business operations, so you can manage all your business processes in one system. This includes finance, purchasing, order fulfilment, customer communications and sales orders.

This will avoid manual admin and the duplication of tasks - saving you time and money.

Everyone in your business will also be using the same current data, allowing for more informed decision-making.

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Business owner using Profit4 software within the warehouse
Optimised stock levels in a warehouse

Increase profits with
optimised stock levels

Avoid tying up money and ensure your bestsellers are never out of stock

If unsold stock is sitting on the shelf it's costing you money. With Profit4 you can quickly identify stock that's not selling and adjust your sales strategy and future supplier orders accordingly.

Profit4's stock control system also suggests the ideal min/max stock levels for your products based on previous order volumes.

There is also the option to setup automatic reordering with your supplier when a bestselling product's stock level reaches a certain level.

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Grow without the need for extra staff

Profit4 automates the manual tasks in inventory management. This helps your business grow without needing to hire more staff for the extra work.

It also frees up your time, so you can concentrate on growing your business and selling products rather than admin.

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Optimised warehouse

Stock control software, designed with the user in mind

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Customisable dashboards

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An ultra-fast, easy-to-use interface

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Access anywhere, via your internet browser

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Get hands-on with real-time data

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100% visibility across all locations & bins

Take full control of your inventory

Know exactly how much stock you have, how much you can sell and exactly where it's located.

Whether you're managing multiple warehouses or multiple sales channels (web, trade counter, telephone), your inventory levels will automatically update.

Profit4's stock management system includes a bill of materials. If you sell a kit with several products, it will automatically show the stock levels of each component.

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Business owner viewing the stock dashboard
Warehouse worker walking through optimised stock warehouse

Significantly reduce stock picking times

Save time and money with optimised picking

Profit4's stock management software tells you the exact location of a product in the warehouse. It also generates a picking note for your team - this note provides the most efficient route for picking the products.

The process of manually reconciling transactions is sped up considerably and the risk of human error is significantly reduced.

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Quickly spot bestsellers
& sales leakage

No clunky bolt-ons required. All your sales channels connected.

With full visibility of your stock and customers' sales data, you can quickly spot any unusual sales decreases or if demand for certain products is low - this enables you to quickly take action and ensure you're not ordering more of that product.

By identifying bestselling stock you can also set up automated purchasing processes to ensure those products are never out of stock.

The data is auto-presented in a visual bar graph so you don't need to spend unnecessary time trying to interpret a high volume of sales figures. The graphs also enable you to drill down to the product type or even individual product level.

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Searching for stock on a laptop

Integrate with your website, couriers, trade counter & more!

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Stock management system functionality

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Perpetual (automated) stock counts
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Profit4's stock management software's real-time stock data enables you to continuously track your stock count.

Tracking this electronically allows you to improve accuracy and efficiency.

Select locations or product groups to count and generate accurate stock data while removing the risk of human error.

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Warehouse integration & optimised picking
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When an order is allocated a picking note is auto-generated. This can either be emailed or printed.

The picking note will include the exact bin number/location for each product and provide an optimised route for picking.

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Website, Amazon, eBay & trade counter integration
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Profit4's stock control system can integrate with your website, Amazon, eBay, trade counter and more.

These integrations are seamless, with Profit4 maintaining its quick, easy-to-use user experience.

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Unlimited product attributes
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Stock systems typically limit the number of attributes you can assign to a product. However, as a wholesaler or distributor, we recognise that you require more attributes than that.

Profit4 enables you to apply an unlimited amount of custom product attributes to your products such as thread size, length, etc. These attributes can be used to easily find the right products when making an order for a customer. They can also be used to analyse order volumes and stock levels in more detail.

By integrating with your website you also have the option to allow customers to filter online products by attribute.

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Enhanced stock traceability
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No matter how many warehouses, sales channels, or product lines you have, you can see and track all your stock.

Profit4's stock management system provides 100% visibility of your tracked inventory items across multiple locations.

And with Profit4's batch number tracing you can quickly identify and resolve faulty products.

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Bulk upload supplier price-lists & images
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Bulk import supplier prices and images to ensure you’re maintaining the right profit margins when selling to customers.

Knowing the cost price of raw materials is important for several reasons. It helps you set rules for the lowest selling price, negotiate options, and determine profit margins. This information is crucial for your sales team as it allows them to make informed decisions and increase profit margins.

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Sophisticated customer pricing functionality
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Wholesalers and distributors deal with many products, resulting in numerous pricing options and customer pricing structures that must be regularly updated.

Managing this process without software is a mammoth task, one which OGL's stock control system handles with ease.

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Automated purchasing processes
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Link your purchasing and finance department to your warehouse and order processing teams. Use the same current data to improve purchasing decisions.

Set minimum and maximum level rules on your products so purchase orders can be automatically raised when necessary. And if you don’t have stock of an item a customer is requesting you can create special product codes during order entry to order a product in specifically for that customer. If they ever require the same product in the future, you will be able to trace this in the sales order history.

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Optimised stock & forecasting
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Profit4's stock management software suggests the highest and lowest stock levels for your products, using past order amounts.

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Customisable usage & trends reports
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Gain insight with detailed reports on all your stock movements so you can make smarter decisions on purchasing and warehouse management. Profit4's stock control software provides full visibility of stock levels, sales history, best sellers and non-movers, you gain full control of your stock which will impact your bottom line.

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Cloud based (access from any location)
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Profit4's stock management system is Cloud based so you can access Profit4 from any location via your internet browser.

This is ideal if you're working from home, visiting customers or suppliers, or at a trade show.

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Full support from our UK HQ
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You will be provided with your own dedicated Customer Success Manager who is easily contactable via telephone or email.

Your Customer Success Manager will also regularly arrange catch ups to check you're getting the most out of our stock control system and to answer any questions you may have.

Frequently asked questions

What is a stock control system?
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A stock control system is a digital tool. It helps your business to track, manage and optimise stock levels across multiple locations in real time, with no manual input required.  

This technology gives you complete visibility of stock movement. It cuts manual admin by automating purchasing processes. In turn, this means your business can maximise profitability by minimising shortages and overstocking.  As a wholesaler, distributor or SME, a stock control system gives you a significant competitive edge. Put simply, you’ll make better business decisions due to instant access to important, up-to-date data.

Why your business needs a stock control system??
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Stock management has come a long way. Gone are the days of manually counting warehouse stock and updating complex spreadsheets. Those methods are slow, error-prone and hold your business back.

Stock control software, like in Profit4, transforms how you operate. You’ll eliminate inefficiencies, reduce costs and improve customer satisfaction. The real question is whether you can afford not to have one? Without proper stock control, you’re flying blind. You don’t know what’s selling or what’s simply wasting capital. A stock management system changes all that, by giving you real-time visibility across your entire operation.

Whether you manage hundreds of SKUs or thousands of products, a stock management system delivers significant benefits. No matter how big your business is, it can help you gain better control, happier customers, and stronger profits.

Key benefits of stock management software?
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Prevents stockouts and overstock situations – A reliable online stock management system constantly monitors inventory levels and provides alerts when products are running low. This automated approach means you can guarantee that your bestselling items remain in stock, while preventing you from wasting capital on slower-moving inventory.

Cuts labour costs and reduces manual errors – By automating time-consuming tasks such as stock counting, order allocation and purchase order generation, your business can save money on admin and eliminate human error.

Improve cash flow management – Stock management tools provide real-time visibility of stock values and seasonal buying trends, allowing your business to make informed purchasing decisions. You can identify which products sell quickly and which tie up capital unnecessarily.

Increase customer satisfaction – With accurate real-time information at your fingertips at any time, you can provide customers with reliable delivery estimates, prevent disappointing backorders and fulfil orders faster.

Gain complete business visibility – Inventory stock control software provides dashboards and reports that reveal exactly what’s happening across your business, from warehouse efficiency to supplier performance and sales trends.

This is why an advanced, comprehensive inventory management system is crucial to your business performance and will enable you to take your business to the next level.

Is your stock management system cost-effective for my small business?
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OGL’s stock management system can be configured to suit your business needs, ensuring it’s an affordable option for small businesses.

OGL's stock control software is easier to use and cheaper to install. This is due to its true Cloud browser interface and technical advancements.

It is also scalable, so as your business grows it will adapt with you.

As a small business, you want your staff to work efficiently. Profit4 saves time and money by automating manual tasks and reducing the need for more staff as you grow.

You can also see your stock in real-time to maintain minimum levels for orders without using too much capital.

What are Profit4's integration capabilities?
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Profit4's  stock management solution integrates seamlessly with other business systems, including eCommerce platforms (Shopify, WooCommerce, Magento), marketplaces (Amazon, eBay, Etsy) Warehouse Management Systems and accounting software. This connectivity automatically updates inventory levels across all sales channels, preventing overselling and providing customers with accurate stock information.

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Will your stock control software support us as our business grows?
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The larger a business grows the higher the demand on every member of the team with regards to admin tasks. By utilising OGL’s stock control software you will have the support and stability you need to expand without the extra admin, staff and inefficient processes.

OGL’s software also supports a high volume of SKUs to meet the demands of most businesses.

Do you provide ongoing support?
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At OGL we see the relationship with our customers as a partnership, whereby we’ll get to know the unique ins and outs of your business to provide the best guidance and advice possible to ensure that our stock control software will effectively help your business grow.

With a committed Software Support Team, based in our West Midlands Head Office, you will always have someone on hand either via telephone or email to offer professional, expert advice.

What is perpetual stock management?
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Perpetual stock management (which Profit4 provides) electronically tracks systems to continually record inventory as opposed to businesses relying on periodic stock taking whereby businesses carry out time-consuming physical inventory counts manually.

No need to dread the annual stock takes, instead you can save money on direct costs and improve customer service by having the correct stock accuracy.

Can I manage stock across multiple locations?
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Yes! The foundation of any effective stock management system is the ability to track inventory in real-time across all locations. Your business might operate from one warehouse or multiple sites, but your needs are the same.

Instant visibility is essential to understand how much stock you have, where it’s located and how much is currently available to customers. Advanced systems such as those found in Profit4 from OGL Software include bin location tracking, which records the exact position of items within your warehouse. This functionality dramatically lowers picking times. Your warehouse staff will be able to locate products quickly, free from time-wasting guesswork.

What is demand forecasting?
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By analysing historical sales data and trends, Profit4's stock control system can help provide an indication of future demand so you can optimise stock levels accordingly.

What is Automated stock control and reordering?
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An automated stock control system simplifies the inventory replenishment process. It analyses historical sales data and current stock levels to determine what your business needs, and automatically generates purchase orders when stock falls below certain thresholds.

This means your business can guarantee optimal stock levels without constant manual intervention. Profit4’s stock management system is designed for small to medium sized businesses, and provides demand forecasting capabilities that help you predict future requirements. By analysing seasonal trends, historical patterns and current market traditions, your business will be able to make buying decisions that are based on facts, rather than inaccurate assumptions.

How long does it take to implement a stock management system?
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Implementation timelines vary. It depends on the size and complexity of your business and inventory. A small business with only a limited inventory and straightforward requirements might go live within a few months.

Larger operations that require data migration, integration setup and extensive staff training may need Longer. The best approach is phased implementation, starting with core functionality and adding advanced features progressively.

Will staff find it difficult to learn new stock control software? Our modern cloud-based system, Profit4, prioritises user experience with intuitive interfaces that are designed to minimise training requirements. Compared with obsolete spreadsheets or other systems that require a high level of prior knowledge to understand, stock management tools are often far easier to get to grips with. OGL Software offers comprehensive training and ongoing support to help your staff become comfortable with the system in days rather than weeks.  

How do I find the right stock control system for my business?
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First, assess your business’s requirements.

Important factors to consider include:

1. Number of SKUs you manage
2. Number of warehouse locations
3. Sales channels you operate (online, trade counter, telephone, marketplaces)
4. Integration requirements with existing systems and platforms
5. Reporting and analytics needs
6. Number of users requiring access
7. Budget requirements


Next, consider your business’s scalability. As your business grows, your stock management system must have the capacity to grow with it. For instance, the software you select should be able to handle increasing product volumes, additional locations, and more users without requiring a complete system change.

The system’s integration capabilities should be your next consideration. It’s important to be sure that your eCommerce platform, accounting system, courier services, and any industry-specific applications you use can be fully integrated with the system you choose.

Finally, review the support and training available. Comprehensive support and ongoing customer service will make your stock control system implementation seamless and give your team the confidence to use the system effectively from day one. With OGL’s Software Support Team, you will always have someone on hand, either via telephone or email to offer professional, expert advice.

Will Profit4 be the right solution for my business?
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Wholesalers and distributors who begin their journey on small software packages that aren’t tailored for their industry, often find that they quickly outgrow the software and need a solution that can support them in future growth.

We tackle the challenges faced by businesses that have outgrown their current system by supplying a robust ERP system, built specifically for wholesalers and distributors.

OGL Software has many integrated modules that work together seamlessly to maximise efficiency and profits.

Read our case studies to see how our Profit4 software has helped businesses like yours.

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