Processing Requirements Features and Functions
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- Provide for multiple facilities, warehouses, stockrooms, and inventory locations
- Kanban inventory management
- Flexible assignment of inventory processing by product and part (kanban and point-of-use)
- Provide allocation of raw material and component inventory to firm planned or open work order locations
- Provide for non-nettable inventory locations
- Provide for ABC classification of parts, based on order activity, historic usage/cost, or projected usage/cost
- Provide capability to receive, stock, disburse, and report on inventory by part number and location utilizing bar code
- Provide adjustment or update for unit of measure differences or conversions
- Provide audit trail of all transactions by document number and part number
- Provide capability to cycle count including printing supporting worksheets
- Provide capability to cycle count including on-line display and reporting of transactions
- Provide capability to cycle count including recount support
- Provide capability to cycle count including printing various reports-- quantity and value ($)
- Provide capability to cycle count including printing a trigger report based on zero inventory balance
- Provide capability to cycle count including printing a trigger report based on negative balances
- Provide capability to cycle count including printing a trigger report based on ABC classification
- Provide capability to establish cycle count control groups (of item numbers)
- Provide mechanized cycle count adjustment process with user-defined various thresholds
- Provide for cycle count correction made by entering a recount or providing recount report
- Provide for cycle count percentage and cost tolerances based on ABC classification
- Provide capability to identify preferred stocking quantities (to facilitate storage and issuance)
- Provide capability to perform physical inventories, capability to include generation of inventory tags, tag reports, and variance reports.
- Provide flexible unit of measure conversion capabilities
- Capability to drive spares distribution demand from forecast
- Automatic generation of recommended parts tied to BOM
- Ability to track inventory by business unit
- Planning and controlling inventory in independent work cells
- Track and control vendor consigned inventory
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Inventory Management Features and Functions
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