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Inventory Management

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Bill of Materials
Purchase Orders
Inventory Management
Work Orders
Order Processing
Inventory Status
Accounts Payable
Accounts Receivable
Backorder Status
Price Overrides
Salesperson Analysis

 

Software Summary

bulletSelling price can be updated as a percent of fixed dollar amount of the Cost or List Price.
bulletSingle level, Indented and Summarized where used bill of material reports.
bulletVital statistics including: economic order quantity, estimated stock life, total used, six month monthly average, last year usage, quantity due in/out and usage year to date.
bulletUses templates for fast data entry of parts with similar information.
bulletInventory items may be sorted by record no., part no., part name, category, drawing, supplier, bin, or manufacturer.
bulletLocates parts that are below their order point, or minimum values.
bulletIncludes on-hand and cost history for each item with automatic data compression.
bulletAllows for non-depleting items like service charges and fees.
bulletFractional units of distribution
bulletSupports schedule price changes.
bulletAllows a price matrix for quantity discounts
bulletEach item in inventory supports unlimited vendors per item with each vendor having their own price matrix

System Overview

Selection 'A' from the main menu allows you access to the Inventory database. The inventory database is the collection of material and/or resources that your company would like to manage. The database is composed of rows and columns. Each row (also know as record) in the database contains all the information for one inventory item. Each record is composed of several columns which are called fields. The fields are used to categorize the row information so that latter processing by the computer is carried out efficiently.

If your business has service fees or, enter these fees as a different inventory item. You may even specify whether they will be taxable.

One way in which II helps you to maintain your information in an organized manner is through the use of pick list. An good example of a pick list is the 'Supply Cd' field in the inventory database. If the code (number) means nothing to you, press the [Enter] key on that field and the supplier database window automatically appears with the cursor on the present selected supplier. Now you will see all the information concerning the supplier as described in the Supplier - Fields section. You may even have II dial the supplier's home, work, or fax number for you (modem required).

Along with being able to specify a specific supplier, Inventory Interface allows you to specify a supply method also. The following methods have been defined by the system:

bulletMake to stock (MTS)- are usually high volume items that production schedules are based on demand for final products. Safety stocks will buffer the fluctuation in market demand
bulletAssemble to Order (ATO)- are items that have many variants in the final product. Production of these items based on forecast for the basic models with final assembly taking place after the customer order has been placed. The lead time would include the time needed to assemble the item
bulletMake to Order (MTO)- are items that are involve procurement, fabrication and assembly. Plans for these items are usually supplied by the customer.
bulletEngineer to Order (ETO)- involve engineering, procurement, fabrication and assembly. The customer usually provides the specifications in terms of product performance.
bulletPackage to Order- are items that will be grouped or packaged. This could include items such as kits, or even coarse material. This is very similar to MTS except when this item is chosen to be sold, the single level bill of materials for the item will be used in its place. An example of the use for this supply code would be a computer. Once the computer's bill of materials is defined, the entire BOM for the computer will be used in the Sales section. This would give you the flexibility to change the hard drive or other options in the bill of materials.
bulletNon Depleting Item- a non depleting item an item that is never stock or is not tangible. Examples of this would include service fees and other labor activities.

 

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Inventory Interface is a trademark of Gerald Drouillard.  All other products mentioned are registered trademarks or trademarks of their respective companies.
Questions or problems regarding this web site should be directed to
support@InventoryInterface.com.
Copyright 2001 Gerald Drouillard. All rights reserved.
Last modified: Friday December 28, 2001.