Inventory Control Process - Engineering Business

Inventory Data directly updated from different process. Situation of Goods items can be seen easily...

  1. How many 'REAL' Available Qty (On-hand Qty, On-Order Qty, Engaging Qty and Reserved Qty, these four elements to calculate the 'REAL' Available Qty of inventory)
  2. Where is the Goods (Warehouse and Location)
  3. How long are the Goods in stock
  4. Stock Transaction History (Attached with ref.No of Sales Order, Job Order etc., by filter of the, the cost of the job can be easily calculated)

For Stock In/Out, the process enables users to perform efficiently and accurately, and to ensure inventory is maintained at proper levels.

Standard Functions

  • Stock In, Stock Out, Stock In/Out Confirmation, Stock Transfer

Auto-Generated Stock In/Out Notes

  • Stock In / Out Notes are auto-generated in:
    • Goods Receipt Process of Purchasing Process
    • Stock In
    • Stock Out
    • Stock Return
    • Stock Transfer Process
    • Stock Adjustment

Auto Stock In/Out update

  • Current Stock In/Out records are auto-updated when stock transaction is done

Stock Transfer

  • Stock can be transferred within or across any warehouses
  • Stock transfer can be done by just entering the transfer quantity
  • Voucher is auto-generated if the accounts are different
  • Stock In / Out Notes are auto-generated
  • Inventory/bin Records are auto-updated