Processing Requirements Features and Functions
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- Provide for multiple facilities, warehouses, stockrooms, and 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 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
- Ability to track inventory by business unit
- Track and control vendor consigned inventory
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Inventory Management Features and Functions
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