Inventory Quality Management Features and Functions

• Alphanumeric stock code


• Multiple levels of classification of items - up to 2 levels


• Excisable items - Definition and Chapter allocation


• Multiple units of measurement


• Handling of non-stock low value items like stationery


• Tracking of item qty on various parameters viz., on-hand, available, reserved, ordered, to order, rejected, rework able, defective


• Stock Valuation - LIFO/FIFO/weighted average


• Material Requisition from different requirement areas


• Receiving material against material requirement, gate pass and production requisition Landed Rate of Items


• Quality Control based on QC checks


• Handling Material Rejections


• Rejected material dispatch to vendor


• Gate pass - returnable/non returnable


• Material returns and adjustments (with value and without value)


• Lot number linked production inward entry


• Lot and expiration date management


• Inbound and outbound serial number tracking


• Finished goods issues and accounting


• Multiple packaging configurations per item


• Forward and backward traceability


• Item lead time management


• Inter and intra-site transfer management


• Consigned inventory location tracking


• User-defined quality control technical sheets


• Multiple quality status levels - accepted, rejected, scrap, return