Inventory Software Features

The main features of the inventory software system.

Barcoding – a form of data entry with automatic identification and data collection.

Cost Tracking
allows tracking the actual costs in real time for each production activity such as materials get procure, consume, produce, ship and delivery to customers.

Historical Record of the cost related information allows keeping assets, liability and equity investment on their original cost even if they have significantly changed in value over time.

Custom Pricing Models allows creating a flexible price for each customer with the taking into account many attributes such as customer location, purchase size and frequency, product type, lifecycle stage, and other.

Inventory Forecasting allows making an informed prediction such as reorder points and order quantities that help ensure optimal inventory control.

Inventory Optimization enables balancing investments in resources and costs against service level goals and accordingly, frees up company's working capital, improves company's profitability, and increases customer satisfaction.

Inventory Overview gives the value of each item that you buy and/or sell, and you track quantities of.

Kitting as the bundling of components, tools and supplies into a package helps to support production and/or maintenance activities and provides less stocked items and critical parts availability, lower inventory carrying and price costs.

Multi-Location allows managing company’s inventory, employees, and reports for multiple stores or warehouse locations.

Purchase Order Management provides the recording and controlling company’s products and services sales as well as the order fulfillment. Reorder Management allows controlling the customer reorders and providers, the inventory replenishment when the last of the on-hand is used up.

Serialized Inventory Tracking provides track the item serial number from purchase to sale through the life of the warranty.

Sales Management enables reporting and controlling the company’s sales operations.

Supplier Management allows managing internal and third party suppliers and services they provide to the company and clients.

Traceability enables managing and controlling the outgoing flow of the sold products and services.

Transfer Management assists removing products and materials from company's storage/warehouse in one location and placing them in another storage/warehouse location.

Warehouse Management supports warehouse or distribution center by daily planning, organizing, directing, staffing, and controlling the available resources and products (moving and storing them into, within, and out of the warehouse).