Inventory Management

Future Kenya is an E.R.P Solutions Company .... Favicons Global site tag (gtag.js) - Google Analytics

Inventory Management

acumatica ⇒ Inventory Management

Inventory Management

Control inventory across warehouse locations. Use powerful replenishment logic for automated orders. Simplify item and inventory management with features designed to flex to the way you manage your warehouse and distribution center.

How Inventory Management Software can work for you

Inventory management software can help you control system-wide inventory across geographically-dispersed locations to efficiently manage your distribution process without losing track sight of costs. Receive inventory to a specific location and drill down to change item default lot/serial numbers, valuation methods, accounts, and more. Manage perishable inventory, automate replenishment, and build or disassemble kits.

Key Benefits of Inventory Management Software for Your Company

Optimize inventory

Use replenishment and automation to increase inventory turns. Improve inventory accuracy with barcoding and physical inventory..

Improve customer satisfaction

Honor contracts and fulfill orders as promised with real-time access to inventory levels and customer-specific pricing. Manage inventory effectively to avoid stock-out situations.

Contain costs

Accurately track costs of goods sold and inventory carrying costs. Reduce rush orders, identify low-cost vendors, minimize freight charges, and reduce write-offs for expired or obsolete inventory.

Manage complex items

Leverage matrix items to create product families based on item and attribute variations. Define custom units of measure and conversions. Manage lot and serial tracked items.

Important Features of Inventory Management

Sub-Items and Matrix Items

Create and manage matrix items based on size, color, and other attributes and values. Matrix items streamline item management, purchasing, and sales processes. Use matrix views to update price and description for items in the matrix item product family. Setup sub item codes by SKU to differentiate between product variations such as grade, manufacturer, or other variables.

Location Management

Setup and manage multiple warehouse locations with stocking locations defined by aisle, row, rack, slot, and bin. Define location defaults for receiving, returns, shipping, and drop-shipment transactions. Prioritize pick locations by item and by the warehouse.

Replenishment

Define min and max order quantities, reorder points, seasonality, lead times, safety stock, and forecast models to calculate replenishment.

Pricing, Discounts, and Promotions

Manage complex pricing and discount policies including volume discounts and multiple discounts per item. Maintain policies for price overrides, customer pricing, and commissions.

Physical Inventory

Create movement classes and ABC rank codes to determine physical inventory frequency.