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Inventory Management

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Inventory Management

 

The Inventory Management module is the core of the manufacturing and distribution components of the system. This module is fully integrated with the other modules, meaning that any transaction which touches inventory creates on-line updates on the inventory master and stock status records.

 

The Inventory Management module provides the complete tracking of sales and usage history, as well as on-screen-perpetual history reporting of all transactions tracking. This module includes full lot and serial control with cradle to grave tracking. Lot/Serial includes automatic number assignment options and issuing algorithms.

 

The maintenance of item master data is divided into separate areas providing flexibility in its creation and access. It has been carefully structured so that engineering, sales, planning and costing data may be separately controlled.

 

The features in this module include:

  • Multi-plant / warehouse
  • Lot and serial control
  • User defined lot/serial characteristics
  • User defined automatic pick/issue/create rules by item
  • Where from / used from purchase to sale for controlled items
  • Non-inventory item master records
  • Multiple units of measure for each item
  • Engineering, sales, planning, cost data
  • User maintainable defaults for new item creation
  • Unlimited stock areas & locations per item
  • Item price group maintenance
  • Multiple standard cost categories
  • Detailed transaction history
  • User defined inventory accounting
  • Inventory trial balance
  • Preferred manufacturing method by item (W.O. or repetitive schedule)
  • Stock status inquiries by units or currency with:
    • Location detail
    • Dock to stock
    • Customer order detail
    • Allocations detail
    • Work order detail
    • On order detail
  • Location replacement by pull card
  • ABC analysis with various methods for calculation
  • Product group, code, material type & nine other user defined codes with lookup tables
  • Reorder point calculation & order release
  • Inventory status and value reporting
  • Extended part description
  • Stores & W.I.P. Physical Inventory
  • Cycle count processing
  • Cycle count tags or worksheets
  • Perpetual inventory inquiries and reports

 
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