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Inventory

Managing inventory and keeping stock at optimum levels is one of the foremost considerations in the supply chain. Keeping track of what needs to be replenished, needs to be adjusted and sold right away are just a few of the tasks that must be accomplished with caution and accuracy. Now experience fuss-free inventory management when experiencing Interprise Suite.

Interprise Suite provides full control of inventory, allowing direct supervision during every step of the supply chain which reduces to a minimum, if not completely eliminating, errors brought about by the complexities of overseeing multiple warehouses and locations. For every item in your organization’s inventory, you will be able to track costs and item usage while keeping all relevant information. Compare supplier details side by side and make well informed purchasing decisions with up to date costs, information on priority suppliers, purchase trends and more. Interprise Suite includes a range of different pricing options allowing you to set up simple, multi-level and customer specific pricing while still flexible enough to handle other pricing schemes.

The Inventory Module creates an unlimited number of warehouses to store inventory and assign them for various purposes such as consignments. The warehouse management option in the Inventory Module manages each warehouse down to each location. Designate locations to be the preferred pick and put away areas to easily fulfil and dispatch customer orders. The more you know about Interprise Suite, the more you will discover how inventory management can be far easier than ever before.

The Interprise Suite inventory screens serve as a central place for all inventory related set up and historical data. Information that is usually separated among different accounting modules such as sales order, purchase order, warehouse or completely different applications are all brought together in one logical location. This comprehensive approach allows increased efficiency and profitability by helping to better manage inventory, spot emerging trends and monitor supplier performance.

Designed with today's dynamic business in mind, the Interprise Suite Inventory Module supports an incredible number of advanced features as illustrated below.

• Tabbed screen format brings all inventory-related data together
• Support for an unlimited number of inventory items
• Support for a variety of item types such as:
  • Stock: items that are being stored in a warehouse and quantity is being tracked
  • Non-Stock: items in which quantity is not being tracked
  • Item Matrix: similar items with varying attributes. i.e. colour / sizes
  • Service: services that are rendered
  • Kits: group of items that can be sold as a package
  • Assembly: group of components that fit together to create a self-contained unit
• Detailed inventory item information
• Support for an unlimited number of units of measures (each, dozen, case, etc.)
• Support for barcodes per units of measure (one barcode if sold in each, another if sold in dozen)
• Support for tiered categories and departments which automatically flow to the web module
• Support for custom fields
• Displays average, current and standard costs per item
• LIFO, FIFO or Average Costing with advanced posting processes
• Set up an unlimited number of accessories and substitutes per inventory item
• Display stock totals of item per warehouse
• Support for warehouse zones, i.e. receiving, dispatch, repair, scrap, etc.
• Integrated item ledger to display a table of recent transactions a particular item has acquired per warehouse
• Simplified stock adjustment and stock transfer forms

Companies that sell items with different attributes (sizes, colours, designs, patterns, etc.) or in configurable kits (computers, jewellery, etc) will appreciate our Group Matrix and Kitting features. Both features are extremely easy to set up thanks to Interprise Suite's set up wizards that guide through each process. The Group Matrix feature allows the set up of product attributes and will automatically create the corresponding items; the kitting feature allows the set up of predefined options allowing customers to upgrade and downgrade items in available kits. Both the Group Matrix and Kitting features easy to use speed-entry pop-up forms significantly decreases order entry time and works with Interprise Suite's eCommerce Module so your company's web-store is automatically configured.

To provide the flexibility to price your products as you see fit Interprise Suite has some of the most sophisticated pricing methods available. Additionally, Interprise Suite allows for prices to be set on a per currency basis allowing even the smallest business to go global.

Inventory Wholesale and Retail Pricing: This is the most common pricing method allowing the set up of a wholesale, retail and suggested retail price for each item. Prices can be manually populated or automatically calculated up based on cost, last cost or profit margin.

Inventory Price Lists: This offers the greatest amount of flexibility by allowing the set up of an unlimited number of price lists per currency. Price lists supports quantity discount schedules and can be set by units of measure.

Inventory Promotional Pricing: This allows the setting of items on sale for a particular period of time. During order entry Interprise Suite will automatically calculate the customer's regular price against the promotional price applying the lower price to the order and ensuring customer satisfaction.

Customer Discount Price: This common pricing method allows you to assign a fixed discount to a customer on all of their orders (i.e. 10% discount).

Customer Negotiated Pricing: This pricing method allows you to override the default pricing method for an unlimited number of items on a per customer basis.

Customer Last Price Paid: This pricing method will automatically retrieve the last price the customer paid during order entry. If it is the customer's first time ordering the product, then the default price will be displayed.

Customer Mark-up: This pricing method allows the assigning of a mark-up off the cost price for items on a per customer basis. For example, you can set up a customer to have a 50% mark-up and the system will automatically calculate the price during order entry.

Category Discount Bands: This pricing method allows you to set an unlimited number of discount bands per category which then can be assigned to customers. For example you can set up a category discount band that will give customers 10% off hardware and 20% off software purchases.

e-Commerce has become an essential factor for business growth in today's internet-based world. Not only is ecommerce successfully integrated into an accounting/ERP/CRM solution, AspDotNetStorefront for Interprise Suite has redefined the way business is done online through the concept of "eBusiness".

With AspDotNetStorefront for Interprise Suite, both web store and Interprise Suite share the same business logic, same database and the same company information greatly minimizing the tasks to put up and maintain a web store. A multitude of options are found in the Inventory modules have been integrated to provide the needs of businesses in selling their product online.

Interprise Suite supports an unlimited number of suppliers for each of your inventory items on a per warehouse basis. To help best organize suppliers and maximize profitability for each item, Interprise Suite allows the set up of supplier priority levels for each warehouse which flows to the auto-purchase order functions found in the supplier modules. With this feature, assign a default supplier for an item, per warehouse, allowing you to choose the nearest supplier and reduce shipping changes.

Purchase details such as lead time, purchase item number, purchase description and purchase tax rates can be set up per supplier for maximum flexibility. Promotional pricing and volume discounts are also supported. For suppliers in foreign countries, the purchase order descriptions are multi-lingual having the ability to print purchase orders in your supplier's native language.

The assembly feature accommodates very basic manufacturing requirements. For example, your company may sell a variety of bicycle parts or you may sell a bicycle comprising of those parts, naturally requiring assembly. In house assemblies of such items can be done in the Assembly/Works Order feature of Interprise Suite by taking out component stock items and putting them together as an assembly item. The Assembly Works/Order form can be customized to display information on what is committed, available, and on back orders for each assembly component.

Although the internet, reduced telecommunication and shipping costs have made it considerably easier for the smallest of businesses to go global, the current crop of business software applications have simply not kept up with these new business opportunities.

To assist companies with global ambitions, Interprise Suite supports an unlimited number of selling languages and currencies to help you better localize your products for each market you want to serve. Selling languages defined in Interprise Suite flow through to the eCommerce module giving your company a true multi-lingual website.

The Inventory Module includes a very powerful bar coding solution that streamlines the distribution process, allowing your company to effectively collect inventory data faster and eliminating data entry errors made by data re-entry. Print barcodes whenever needed, like during purchase orders or receipts.

The Inventory Module allows you to set up warehouses to manage inventory in multiple stock locations in real time. Fully integrated with the other modules of Interprise Suite, all warehouse related information is organized in the Warehouse Form giving you the information you need when you need it.

Download:  Interprise Suite Overview

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