The Inventory Management (IM) system validates and allocates stock online. The system is designed to handle multiple warehouses with a flexible costing system covering the standard accounting alternatives of FIFO, Average, Standard and Last Costing.
The system improves the efficiency and accuracy of stock control and deliveries. It refines turn around and delivery times and decreases carrying costs by reducing inventory levels of slow moving titles. It can also verify physical stock against theoretical computer stock. The system also allows planning methods based on user defined criteria to increase picking efficiencies.
Features include:
- Multi warehouse operation with location control
- Bulk and loose stock locations with automatic replenishment
- Multi locations by title and carton quantity
- Rolling stock take cycles
- Multiple cycles
- Multiple selections
- Inventory Costing Methods
- FIFO
- Average Cost
- Standard Cost
- Last Cost
- Picking slips/lists
- Online stock movements and adjustments
- Damaged stock recording
- Consignment notes and delivery labels
- Stock discrepancy recording
- Out of production
- Loan stock control
- Inter-warehouse stock transfers with in-transit control
- Various stock inquiries and reports
- Pick Planning/Plan generation
- Flexible, including selection and omission by list and range
- Selection criteria including warehouse, types of orders, delivery dates, priority, order value/weight, country, customer types, ISBN types, etc
- Plan Maintenance/Release
- Inclusion/omission of orders from plans
- Display titles, quantities in cartons and singles
- Picking slips based on plan
- Picking Plan Reports
- By scheduled delivery date, title and picking demand summary and details
