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INVENTORY MANAGEMENT SYSTEM:
This system is designed to handle three types of items namely (i) manufacturing items, (ii) trading goods and (iii) fixed assets.
The design of this system seeks to maintain accurate information on the quantity, location and value of all inventory items. Supports all relevant store and inter-store transactions organized into documents-vouchers easily adaptable to company's specifics.
Applicable to all kind and unlimited number of stores with a user determined unit price calculations methods. Price calculations methods includes average cost, FIFO, LIFO and fixed price. The system specifically aims:
- To increase inventory turnover and reduce inventory investment with a corresponding reduction in handling costs.
- To improve customer service through shorter lead times and reduce late customer deliveries, thereby improving a company's competitive position.
- To improve the integrity of inventory on-hand data and provide a basis for better material planning and control.
Inventory Control module provides various reports. All reports can be filtered by many criteria, time periods, vendors, stores, items, and item characteristics.
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