TRIFED goes digital for Inventory Management and Sales
Capital Market Tribal Co-operative Marketing Development Federation (TRIFED) of Ministry of Tribal Affairs has operationalised Retail Inventory Software (RIS) in all its Tribes India Outlets, Regional Offices and Head Office for inventory control. The electronic mode of system has been made available at all Regional Offices and Outlets, streamlining the entire retail operations from purchases upto sales by automating the transaction process and tracking important purchase, stocks and sales data. Implementation of RIS software will bring greater transparency and control over various transactions under Retail sale.
The various stages of retail sale process included in the Retail Inventory Software (RIS) include item selection for vendor at Regional Offices, request for code generation for selected items, generation of purchase order, stock and inventory details through POS and inventory management, monitoring of sale/purchase at regional office and report generation of sales/purchase at Head Office among others.
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