Stock control

Cost & pricing

All your vital stock management pricing information is available at a glance in the software so that you can establish the true costs and subsequent profit of everything you sell.

Landed costs, such as import charges, duties, transport and storage, are easily tracked against stock as are actual, standard and supplier costs, facilitating valuations including Actual, FIFO (First in First Out), Weighted Average and Standard Cost.

Easy-to-use price matrixes store unique pricing structures for every combination of customer and product, with profitability tracked against every line item sold.

Advanced ordering methods

All ordering methods are designed to optimise your stock levels and meet customer demand, whether triggered automatically by Just-in-Time and back-to-back processes, submitted via a purchase requisition or received from the stock forecasting module.

Stock movements

Different types of stock adjustments are catered for in the software, including miscellaneous receipts, miscellaneous issues and manual adjustments. Details of each change and user identifier are fully tracked for easy future reference.

Perpetual and cycle counting are well catered for, including routines that compare new stock take results with your current stock levels. Counts can be entered into the system and validated prior to the stock revisions being posted and updated. All changes to stock levels are recorded along with details of who carried out the transactions.

Allocations

A variety of stock allocation routines ensure your customers always receive the best level of service. Soft and firm allocations are catered for, both at total stock level down to individual lot/batch. Stock allocations can be made at time of order creation using workflow rules to specify how far in advance stock should be allocated. For confidence in your supply level agreements, buffer stocks can be held for specific customers. Stock can be re-allocated at any time to ensure your priorities are met.

Further information:

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What does ERP mean to you?

By thinking about ERP as a "joined-up" way of working rather than just a software system, mid-market businesses can approach their replacement project by focusing on those efficiencies not currently possible within their current technology
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