» Inventory Control

» Master file definition overview

» Internal item number 15 alphanumeric

» Manufacture's part number 25 alphanumeric

» UPC and vendor EDP code

» Description 30 characters with unlimited extended description

» Serial number 15 characters

» Lot number internal 5 numeric external 15 alpha numeric

» Costs tracked Average, replacement, next, last cost, last cost alternate currency (all 5 decimal precision) and bracket costing by vendor

» Selling prices (4 decimal precision) base from item master and bracket by customer type or quantity

» Multiple inventory item locations with warehouse tracked

» Substitute, Follow on, equivalent, MSDS sheet, and Core charge cross references

» DOT hazardous material descriptions, class, exemptions

» Bill of material list

» Items classified as stock, non-stock, lot product, miscellaneous, and two dimensional

» Multiple UOM cross reference

» Items inventoried at (either 0 or 2 decimal precision)

» Allocation based system (i.e. calculated inventory quantity available)

» Adjustment processing (quantity or cost adjustments tied to General Ledger accounts)

Inventory receiving - linked to purchase order or inventory transfer document calculates average lead time

» Inventory receipts automatically generate picking tickets for covering backorders. Pick and hold tickets are generated for items involved with customer orders not fully allocated. Consider complete option available

» Landed costing for imported items

» Branch transfer process (one to one or one to many)

» Back out receipt for receipt reversal allowed for purchase orders and transfers

» New item review will allow the inventory manager to review new items for sales trends and if not moving will generate a vendor return or transfer to a branch location that is moving the item

» Inventory inquiry gives the user the ability to view volumes of information pertaining to the inventory item. Such as: Sales History Detailed, Sales History summarized, Demand history summarized, Open Orders, Receipt History, Purchase History, Price and Costing Information, Bill of Material list and much more

» Lot product inquiry displays current lot quantities, lot sales history…for handling recalls, and scraping history

» Intra part number transfer allows user to transfer quantities and history from one part to another

» Manufacturing process transfer i.e. internal process to manufacture item from component inventories

» Vendor merchandise return allows inventory personnel to enter and print document to return inventory back to vendor…generates a debit to account payable optionally

» Mass price updating from vendor databases

» Physical inventory count sheets and entry process

» Lost sales inquiry view date, by vendor items where sales were lost for various reasons user can increase demand history for the item if inclined

» Detailed Dead and Slow inventory listings by vendor or by buyer

» Customer Dead and Slow inventory report lists contracted items that have become dead or slow

» Turn & Earn reporting by manufacture or inventory product division

» On hand inventory evaluations

» Aged inventory value

» ABC Rankings

» Non-Stock Sales Report - utilized to view non-stock sales to evaluate whether to add to inventory