Inventory Management

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

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.

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.

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

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

Define unlimited vendors by item with a preferred default vendor. Set a minimum frequency for deliveries and minimum or maximum order quantities by item for each vendor. Define cross-references between internal, vendor, and customer items.

Define variable packaging for inventory items with standard and configurable unit of measure conversions for weight and volume.

Manage shipments with small parcel carriers such as FedEx, UPS, Stamps.com for United States Postal Service shipments, and LTL carriers.

Build kits to stock or to order. Disassemble kits into components. Account for component loss as part of the disassembly process.

Value inventory using standard, average, specific (actual), or first-in-first-out (FIFO) costing methods. Manage current and pending standard costs with workflows to update costs and revalue inventory. View historical costs over time.

Create item classes using a tree-like hierarchy with parent-child relationships and define the default class for stock and non-stock items.

Use shelf life and expiration dates to manage perishable inventory with first-expired-first-out (FEFO) picking. Capture and create lot and serial numbers for traceable inventory.

Manage non-stock items for product warranties, services, labor, or other items. Unlike stock items, non-stock item quantities are not tracked in the system.

Maximize warehouse space and reduce carrying costs with the Dead Stock Detection Generic Inquiry.

Stay on top of your business with role-based dashboards for Warehouse Managers, Purchasing Managers, Shipping Clerks, and Receiving Clerks. Dashboards provide real-time, configurable insights with actionable drilldowns for sales orders, quotes, activities, employee productivity, shipments and receipts, on-time shipping ratio, order fill rates, late orders, profitability, return rate, suggested purchase orders, and other key performance indicators.

Distribution side panels provide users with direct access to vendors, items, and order details for sales orders, shipments, purchase orders, receipts, stock and non-stock item maintenance, kit assembly, and template item maintenance.

Manage warehouse and retail operations with real-time insights into inventory turnover. Use the inventory turnover ratio inquiry to spot obsolete or slow-moving stock, adjust stock levels for fast-moving items to avoid stock-outs and rush orders, optimize warehouse stock locations, improve replenishment strategies, and benchmark turnover against industry peers.