Inventory Control
At the heart of the distribution bundle is the Inventory Control module. It provides accurate, current information to help keep stock levels low enough to minimize costs, yet high enough to achieve customer service goals. Inventory Control provides real-time updating of inventory balances for real-time inventory availability, commitments, planned ship dates, and expected receipts. Safety stock, economic order quantity (EOQ), and order points automatically calculate for every inventory item to reduce asset investment and increase inventory turns. The Inventory Control module includes these features and benefits:
Maintains serial or lot number inventory
Manages product pricing and costing at the warehouse level
Calculates EOQ and order points by warehouse
Tracks average cost, standard, most recent, FIFO, LIFO; for lots/serial numbers, actual cost
Processes physical inventory cycle counts
Produces detailed transaction history for analysis and reconciliation
Purchase Order Processing
handles the complete spectrum of purchasing tasks, from replenishment analysis through payment. Automatic replenishment processing creates a suggested buy report that is used to determine what, when, and how much to buy to get the best purchase price and achieve your customer service targets. Enter and track your purchase requisitions, purchase orders, and purchase receipts through a set of entry forms designed for consistency and ease of use. For maximum efficiency, a single purchase order can accommodate multiple shipments of the same item using multiple required dates. Similarly, multiple purchase order receipts may be applied against a single purchase order. The Purchase Order Processing module includes these features and benefits:
Accesses information with quick and easy lookups
Supports flexible pricing capabilities
Converts quotes to orders with one keystroke
Commits and schedules inventory automatically
Allows multi-warehouse order picking
Supports counter sales
Tracks lot/serial numbers
Facilitate replenishment planning and generate automatic purchase orders
Maintains detailed purchase order history
Creates suggested backorder fill report for cross-docking
Sales Order Processing
provides everything required to handle orders quickly and efficiently. The order entry program provides an instant snapshot of a customer’s credit status and displays backordered and shipped quantities to accurately report the order’s current status. Ordered items may be tied to specified lots or serial numbers in your inventory. As with purchase orders, the sales order system interfaces with the inventory control module to keep quantities accurately up-to-date and also allows committing or releasing future orders. The price quote function enables pricing review and checks item availability and facilitates quickly converting quotes to orders. Use the credit review and release process to eliminate shipping uncollectible invoices before more products are shipped.
Sales Analysis
delivers a complete, timely, and accurate sales history for an unlimited number of years. Sales dollars, units, costs, and gross profit margins are accessible for each period of the fiscal year selected. The document output system delivers professional looking reports to view, fax, save, or archive in multiple report formats for analysis, charting, or other collaborative uses.