Stock management is a system that enables organizations to manage all areas of their operations, including stock, finance, planning, logistics, and processes, on a single platform. An ERP stock management system gives the entire firm real-time stock information. This is a critical capacity for companies that want to expand, have complicated workflows or supply chains, require extensive automation, operate in "just in time" mode, sell a large number of products, or just want to get the most out of their stock investments. Using a centralized system to manage operations reduces double-handling and enables the automation of daily duties.