Inventory
These modules will help you effectively manage the flow of goods to satifsy customer demands at multiple operating locations. This suite lets you take control of your business - and profit from all your hard work.
The Online Advantage Inventory module introduces a new level of detailed control and accuracy to reflect the ever-changing business conditions which typically affect the recording and valuation of stock.
Effective inventory management with the Online Advantage Inventory module allows much more than just reducing capital investments in stock. It means being able to satisfy the varying demand for product and fulfil the customer's requirements in a timely manner. It also means being able to identify (and avoid) over- or under-stock situations and their inevitable reduction in profit. The Inventory module provides a range of facilities to keep the delicate balance of optimum stock levels and stock control. It gives you the right information at the right time in the right format, enabling you to quickly analyse and act accordingly.
Features:
- Suggested stock replenishing
- Preferred suppliers
- Multiple warehouses and stock locations
- Serial, batch, roll or reference tracking
- Dual quantity stock on hand control options
- Multiple units of measure conversions - stock, sell and purchase units
- Both inter-branch and intra-branch stock transfer order processing
- Support for alternative and complementary products
- View stock movements based on Usage and/or Demand
- User-defined formula for the calculation of Demand forecasts
- Perform cycle counts based on last count date
- Bin and Product bar code labelling
- Stock analysis setting and reporting - ABC analysis or Line demand
- Minimum/Maximum stock levels, lead time & re-order quantity
- Automatic back-order release
- Extensive bin tracking including multi-bin
- Makes full use of Bar Coding technologies to scan
- Choice of costing methods like Average, Replacement and Standard Cost
- Product and Serial or Batch Codes as an alternative form of data entry
Functions:
- Comprehensive stock transfer processing
- Stock usage reporting
- Integrated stock take facility with variance reporting
- Multiple stock formulas
- Stock forecasting facility based on historical movements
- Detailed status enquiries and flexible look-up facilities
- Stock Take Tally Sheets of Tickets
- Stock Issues facility for manual write-downs
- Stock Valuation maintenance facility
- Bin Transfer utility
- Stock inwards labelling including bar code printing
- Support for 27 different bar code formats
- Manual Stock Receipts function
- Serial Number and Batch Tracking Displays
- Ability to record Notes on Products, Inventory, Serial Numbers and Batch Details
- Product definitions that include Category, Group, Division, Type, Material, Section, Class, Size and Colour
Benefits:
- Lower Stock holdings reducing investment in inventory and assisting cash flow
- More timely replenishment - you can't sell what you don't have.....or can't get quickly!
- Control - you will know exactly what you have in the warehouse, where it is and how much it cost
- Analysis - we can show you what products you should stock, which ones are not so important so you should keep more of them versus the ones that are important so you should keep less!!
- Visibility of your stock levels within the organisation and via the internet to customers, resellers, supplies and smaller branch offices all across the internet
- Knowledgebase - using the E-Commerce interface means all your "product" based information can be shared within and outside of the company easily for such things as product specification sheets, pricing, product details, handling and disposal procedures, manuals, pictures, QA testing etc.
