Inventory Control
Inventory Control
This system tracks your inventory every step of the way to keep you informed of both the quantity and the cost of stock on hand. You will lose fewer sales due to out-of-stock oversights so common with manual systems. You will have more control over purchasing decisions affecting how much capital you have tied up in inventory. You will have current, reliable information at your disposal when you need it.
System Features
- Immediate, real-time inventory updating when interfaced with Sales Order and Purchase Order Systems.
- On demand inventory alert report showing items below preset minimum quantities.
- On-line inquiry of stock balances on hand, prices, and quantity discount breaks.
- Master file storage of products, categories, prices and catalog numbers; customer price codes and quantity discount breaks; accumulated data on sales, purchases and cost of goods sold.
- Item retrieval by item number or description.
- Multiple location records are kept for inventory balances, sales, history, and re-ordering information.
- Alternate item numbers are used for automatic substitution of items during order entry.
Key Reports
All of the inventory reports have a number of possible sort/pick options that can be used by the user to sequence the reports in any order that is desired. This allows more flexibility in numbering items.
INVENTORY VALUATION REPORT – Gives up-to-date information for quantity on hand, unit cost and total cost.
INVENTORY STOCK STATUS REPORT – Gives up-to-date information for quantity on hand, on order, committed, and available.
INVENTORY SALES ANALYSIS REPORT – Reports unit and dollar sales, cost of goods sold, and profit amount and percent by item by location on a month to date and year to date basis.
INVENTORY RE-ORDER REPORT – Can be printed to show items which have fallen below a user defined minimum quantity, average usage over the previous 12 months, and actual usage 13 months ago, and a suggested order.
PRICE LIST – A comprehensive listing of selected items of location, vendor, or customer for contract price. Quantity breaks are clearly shown and the provision for printing cost and profitability is included.