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Inventory Management

High performance software product, with real time integration to Order Entry and Purchasing, to rapidly handle the management of your inventory asset and achieve your inventory turn goals.

  • Real time inventory levels, with details by warehouse of immediate customer commitments, long-term commitments, available stock, on order, and in-transit quantities from suppliers or branch to branch

  • Quantity warnings display instantly in associated modules

  • Purchase requisition records and replenishment details are generated by comparisons to line point, order point, minimum safety levels and the purchasing class of the product

  • Different methods of inventory costing: Weighted Average, Standard, Replacement or FIFO

  • Multiple bin locations for a stock item can be handled within a warehouse, and more than one product can stored in a bin location

  • Immediate cross reference between supplier, customer, alternative, competitor and your own part numbering scheme

  • Accounting for special one-time, exceptional sales in the usage calculations. The Stock 13 Month History file takes unusual sales, low sales, and stock-out situations into consideration when usage and control levels are adjusted monthly

  • Inventory count system, including a physical inventory count file and cycle counting routines

  • Future changes in selling price or cost price are set up ahead of time with effective dates, automatically captured from supplier media

  • Spare descriptive fields, code and percentage fields for personal tailoring of the inventory system to your own needs – the storage of alternative products, companion items and major customer product codes as examples, as well as product definition codes for advanced reporting

  • All inventory movements, shipments, returns, receipts, transfers, adjustments, are collected in a history file for as long as required


WebSeries Inventory Management Examples


Inventory Management can increase inventory turns, reducing the investment tied up in inventory, while maintaining sufficient stock to give customers good service and reduce lost sales to a minimum. The system also handles the different control requirements of seasonal and non-seasonal products.

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