Inventory & Regrading in Loop ERP allows businesses to manage inventory through multiple lifecycles, tracking condition, grade, and value at every stage—whether items are brand new, returned, refurbished, repurposed, or recycled.
You gain precise control over where your inventory is, what condition it’s in, what it’s worth, and what to do with it next.
What is inventory regrading software in an ERP?
Inventory regrading software is a system for tracking, reclassifying, and revaluing items as their condition changes across their lifecycle — so when a returned product is inspected, downgraded from Grade A to Grade C, sent through refurbishment, and reassigned a new condition and price, every one of those transitions is recorded, traceable, and reflected in your inventory and financial records automatically. In standard ERP systems, inventory has a grade when it arrives and keeps that grade until it's sold or written off. That assumption doesn't hold in circular operations, where the same unit might be received, regraded, partially disassembled, repaired, regraded again, and resold — sometimes across multiple sites and channels. A purpose-built regrading module handles that complexity natively: custom condition grades, automated revaluation at each stage, lot and serial tracking through every transition, and bills of materials for disassembly and reassembly workflows. The result is an inventory record that reflects what something is actually worth right now, not what it was worth when it first arrived.