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Inventory
module ensures that the right quantities of stock are available at the
right time and at the right place avoiding stock-outs and over-stocks.
Simple intuitive interface lets any office executive to understand and
record information of Material Receipts and Issues. |
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Inventory
Management is the core of the EnterpriseBiz™ suite it provides superior
inventory control to improve profits and reduce stock-outs and
over-stocks. IM enables you to track quantities, costs and movements. |
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The ability to deliver the right products at the
right place at the right time is the core of any business. Inventory
is one of the largest investments a company makes. Ensuring that you
have enough of right products in stock while avoiding stock-outs and
over-stocks is a daily challenge you are responsible for reducing
investment in inventory and increasing inventory turns. Accomplish
this with EnterpriseBiz™ Inventory Management (IM) module. |
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EnterpriseBiz™ IM provides
you with the tools to effectively manage and analyze your inventory,
sales and cost analysis. ABC analysis and Stock Ageing, Physical
Inventory Count are just some of the features that will enable you to
maximize inventory turns while eliminating shortages and excess
inventory investments. |
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GRAPHICAL
ITEM TREE |
EnterpriseBiz™
is a suite developed and intended to run in Microsoft Windows
environments offering an intuitive graphical experience. You can
visually define and manage the Items and its Groups in a tree like
structure just as apparent in Windows Explorer. |
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Which means you can define
logical groups and sub-groups of items and create the items underneath
the same. |
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The re-group facility allows
you to change the item structure without affecting transactions. |
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MULTIPLE UNITS PER ITEM |
The system provides you
necessary place to identify and store 3 different units of measurements
per item to maintain receipts, issues and stock keeping in different
units if required by your business. |
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By recording the conversion
factor between the units, the system facilitates accurate conversion of
different types of transactions into a common reporting unit. |
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STOCK MOVEMENTS |
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EnterpriseBiz™ IM handles
all standard tasks related to Material Movements and facilitates
registers and document summary printing for all such transactions
including: |
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a) Material Receipt Note (or GRN) |
b) Material Issue Note |
c) Material Rejections |
d) Stock Transfer – In |
e) Stock Transfer – Out |
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STOCK VALUATION |
EnterpriseBiz™ provides
various ways to value your stock: |
a) Last In First Out (LIFO) |
b) First In First Out (FIFO) |
c) Weighted Average (WAVG) |
d) At Purchase Rates |
e) At Sales Rates |
f) At Market Rates |
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And you do not have to
re-initialize the system to view stock in a different valuation method.
All the above reports are available on-demand. |
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TRACK INVENTORY BY BATCH No's,
EXPIRY DATES, GRADES, DESIGNS, SHADES etc |
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One of the exciting features
of Inventory Management is the option to maintain the inventory by its
characteristics of item. EnterpriseBiz™ IM enables you to define the
characteristic of items you deal in and then tracks the same while |
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MULTIPLE LOCATIONS WITHIN
ONE WAREHOUSE * |
You can create and maintain
multiple bins within a stock location. EnterpriseBiz™ allows multiple
items to reside in the same bin and also allows the same item to reside
in multiple bins. You can specify a default bin location for a given
item thereby facilitating automatic selection of default bin locations
for each receipts and issues. |
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BOOK STOCK V/s PHYSICAL
STOCK VERIFICATION |
The ability to conduct a
full physical count is very important to ensure that system inventory
balances accurately reflect the actual quantity. EnterpriseBiz™ IM
enables the user to flexibly select the stock location for performing
pre-verification and verification tasks. |
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The pre-verification sheet
and variance report reduce the time it takes to perform these routine
tasks. |
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For more information on how
to put the power of EnterpriseBiz™ modules to work in your operations,
call Edifice today. |
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