60 in Knoxville
Here are some of the many features:
Master file 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 20 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 FIFO
- 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)
Processing Features
- 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
- Staged inventory location processing.
Management Reports Generated
- Summary Dead & Slow Inventory Rankings – ranks vendor lines in worst to best shape
- 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
- Item sales by vendor drop-shipped vs. out of inventory.