diff --git a/pom.xml b/pom.xml
index 485eaa811..fc99e990a 100755
--- a/pom.xml
+++ b/pom.xml
@@ -2,7 +2,7 @@
   <modelVersion>4.0.0</modelVersion>
   <artifactId>mod-inventory-storage</artifactId>
   <groupId>org.folio</groupId>
-  <version>24.0.5-SNAPSHOT</version>
+  <version>24.1.0</version>
   <licenses>
     <license>
       <name>Apache License 2.0</name>
@@ -190,7 +190,7 @@
     <url>https://github.com/folio-org/mod-inventory-storage</url>
     <connection>scm:git:git://github.com:folio-org/mod-inventory-storage.git</connection>
     <developerConnection>scm:git:git@github.com:folio-org/mod-inventory-storage.git</developerConnection>
-    <tag>v24.0.4</tag>
+    <tag>v24.1.0</tag>
   </scm>
 
   <build>