ERP Inventory and Supply Chain Management

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1 ERP Inventory and Supply Chain Management Whether you are a manufacturer, wholesaler or retailer, management of your inventory is critical to controlling your costs and ensuring the smooth operation of your business. ERP Software gives you real time information on current stock levels and values including stock on order, raw materials, work in progress and finished goods. In short, ERP Software provides you with an affordable Supply Chain Management solution. Features of ERP Software's Inventory Management include the following: - Multi- Warehousing - Complete Stock levels from WIP to Multiple Stores, ordering levels to Booked stock. - Unlimited Unit of Measure support - Unlimited Bin and Batch support - Serial Number tracking - Barcode Picking - Create your own Barcodes, use Supplier Barcodes or Auto Create Barcodes - Barcode Stocktake - Batch Create products - Set Auto Re-ordertriggers - Integrated POS - Integrated Manufacturing - Extensive Real Time reporting - Multiple Pricing levels - Customer Specific Pricing - and Much More To find out more about how to improve productivity with ERP Software's Inventory modules C ontact us today for a free demo. 1 / 7

2 Extensive Reporting Features You can customise any one of the existing standard reports in ERP Software in hundreds of different ways. These reports can then be saved and viewed at any time. With an almost unlimited range of reports, using different printouts and styles that will allow a user to create a new report or modified any existing report and save as their own. Set your columns of data to not only total as a sum, but also display an average, a maximum or minimum value or any other range of totaling features. As an added bonus any piece of data that is displayed on any of these reports can be simply drilled into, this fantastic feature will give you extensive detail of what makes up the value displayed, right back to being able to open the original transaction on the report. Instant Reporting Features You don't have to wait for end of month rollovers or batch updating anymore, your reports are instant and up to date to the mille-second. As an added bonus any piece of data that is displayed on any report can be simply drilled into, this fantastic feature will give you extensive detail of what makes up the value displayed, right back to being able to open the original transaction on the report. Product Discounting Set up each individual customer, or groups of customers, to have either a one off discount, specific product discount, grouped product discounts, permanent discount or volume sales discounts. In fact there is over a dozen different ways of structuring discount and pricing options, from customers to suppliers to products. 2 / 7

3 Barcode Picking This is undoubtedly one of the best automated warehouse features around, as it virtually removes human error in the warehouse picking and packing section. This module of ERP Software allows orders to be placed in the office, the warehouse then completes the order without touching the computer, by the use of a scanner. By scanning in their employee barcodes, the next prioritised picking slip will appear. ERP Software will then track how long it takes to pick the goods, and then how long it takes to pack the goods. In addition it will automatically count how many cartons or pallets are used to pack the goods in, with a complete record of what goods are in what carton. It will confirm that the correct amount of goods have been packed and once confirmed, will then automatically complete the invoice, print the required Consignment Notes, Delivery Dockets and Labels. Groups / Kits / BOM Also called a "Bill of Materials". This is where you can make a product from different, separate products. You can also have a group within a group or unlimited sub-products. No limits. Whenever one of these groups is sold, all the associated separate products are reduced by the number in the stock on hand list required to make the group. Date Range Price Adjustments Great if you want to run specials for a period of time, ERP Software will automatically adjust the product price, to match the special price assigned for that period, and then revert back to the list price, once the date has passed. Create happy hours as well. Product List 3 / 7

4 Complete details as required, to keep an accurate and extensive stock management database, even down to creating your own customisable fields and drop downs. Fully drillable allowing you to retrieve any information on a product down to an amazing detail level. Multiple Bins The ERP Software range of inventory management options is enormous, including tracking multiple bins, racks and levels. All options can be shown in the one screen, or any number of reports and lists run, which will give you an instant understanding of where your stock is at any time. Multiple Stores ERP Software will automatically track stock levels, changes and updates across multiple stores. These updates can be run real time or any set period you choose i.e. every hour, twice a day, end of day or even once a week. ERP Software will allow you to order stock for individual stores or bulk order for all. Multiple Warehouses Run multiple warehouses in ERP Software, including what level of stock is in each. Do instant reports, on what is where, and what is selling from any location. Sales people can see at a glance where stock can be easily located. ERP Software will allow you to order stock for individual warehouses, or bulk order for all. Prices can be varied by percentage or dollar value per warehouse allowing different pricing levels per location. Inter Store Stock Transfers Keeps a complete record of any stock transfers between warehouses, stores etc. will even track who did what transfer, and at what time they did it. Batch Number Tracking Will track all stock automatically as batch numbers, so that the oldest stock can be easily 4 / 7

5 identified. Great for identifying which customer has brought a certain range, of a certain product, from a certain supplier. Useful for carpets, chemicals, or perishable items. Serial Number Tracking Individual products can be tracked from purchasing to sales, with their own separate numbers. Keeps accurate records of exactly which customer has which product, when they brought it and who the supplier was that supplied it. Great for warranties etc. Batch Printing of Picking Slips Prints location of stock within the warehouse by Rack number and Bin Location. You can also print all unprinted picking slips with one button, or each individual Picking Slip, as the need arises. Price Matrix ERP Software has the ability to set a full pricing matrix. This area is completely customisable, so rather than just calling the sections Colour, Size and Shape you can give this area any label you choose. Price Matrix Quantities ERP Software will track each and every matrix option and display in the one screen, what your choices are. This way you can see at a glance, how many of any product you have, in any combination as set by your matrix. I.e. in a certain range of shirts you have 6 white small, 4 white XL and 8 white XXL. Pop-up Notices 5 / 7

6 Set pop-up remainders per product. These are great as a reminder to your staff to on sell another product. I.e. if they buy a T-shirt, you should sell them a hat as well. Mass Price Updates Prices can be altered on mass with the push of one button, by Department, Code, Group, etc. You can set adjustments as a fixed value or as a percentage change, as a positive or a negative. If you turn on a preference in ERP Software, any product cost change will automatically adjust the sell price, keeping the same margin as before the cost change. Price Movement Tracking Any price movements to do with a product are clearly shown over a period of time, so that you can see over that period what changes there have been with the product. Also available in customers, as a selling price movement. Related Products Used for auto loading any associated product automatically onto any transaction. I.e. when you sell a printer it will also load a printer cable. This can be extended to any level in that you can have a related product within a related product. Stock Adjustments Great for adjusting stock due to theft, lost stock or unknown. Again, simply assign it to an adjustment account and your stock balances and chart of accounts are kept accurate to the second. Stock Take These can be done by a number of methods. 1. Directly entering the count into the program. 2. By exporting out to Microsoft Excel and adjusting the spreadsheet in Microsoft Excel, then 6 / 7

7 importing the spreadsheet back into ERP Software and assigning an adjustment value account. 3. By the use of a handheld unit, this will interface directly with ERP Software. With the addition of a scanner, stock takes become a breeze to do and what would normally take a team of people eight hours to complete, can be accomplished in less than two hours with the scanner unit. Supplier Price and Code Listing If you buy the same product from different suppliers, you can list their codes for the product, as well as all their different prices for the same product. This can be extended to the purchase order for the supplier, as it will print their supplier code on the purchase order, even if your product code is different from theirs. Volume Prices Enter different prices for purchasing and selling, at different volume levels i.e. if you sell 1 of the product, or if you sell 50 of the same product, you can set a different price for differing quantities. Accounts Once set, ERP Software will auto assign all required accounting information including Cost of Goods, Inventory assets and sales income, even down to what tax codes are needed to be associated with this product. Contact us to arrange a Free Demonstration. 7 / 7

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