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

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• Quantity warnings display instantly in associated modules

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• 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

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

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

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

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• 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

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

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

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• 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

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