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Inventory Management

Online Inventory Management Software

This is ensured through time-phased material planning. If your routing sequence is deep enough, you will have the freedom to place orders based only on shop floor requirements. After all, if the lead time is only a few weeks and there is no financial basis for early stocking, why order today what the floor needs in 6 months?

Whether you engineer-to-order, make-to-order, make-to-stock, predict, or a combination of these, plan to purchase for various demand sources. The Proton Inventory module gives discrete manufacturers the tools they need to manage inventory and take control.

Overview
Solution-centric Approach

Micro-industry Expertise

TE
Built for Regulated Industries
TE

Advanced Planning and Scheduling

TE

Designed for Global Manufacturing

Built

Inventory Control Software

Once you've identified your needs, take action. Easily. A dashboard view of requirements, vendor lead times, alternative vendors, and alternative part numbers are available in our ERP. Order the bare minimum or benefit from EOQ (Economic Order Quantity). Everything is available to you right away.

Multiple locations, bin management, bin reservations, multiple units of measure, stocking, selling, and purchasing assistance, as well as conversions for these, are advanced capabilities.

Inventory Warehouse Management System

The functionality of inventory management records and tracks the consumption of all ingredients and raw materials throughout the whole manufacturing process, from the receipt of items to the finished product, including sales orders, purchase orders, and invoicing management.

Every needed raw material ingredient, along with the warehouse where it is stored, is listed. All manufactured goods are marked as held until the final QC analysis is finished and the QC Release is approved before being dispatched.

Purchasing must be informed whenever inventory is used from the warehouse, distributed, or moved in any way. Movements are easily recorded when there is a reason to (intended).

Flexibility is also crucial. Need not keep track of each bolt? When a job or a sequence ends, backflush. Jobs only last a few hours? Pull items manually or by scanning at the end of the job. How long do jobs take? Draw material as it is used. You can track both serial numbers and lots.

4.0

Cloud Inventory Management Software

Possibly the biggest benefit of an inventory management system is automation. Automation avoids the risk of human error, saves you endless hours, and ensures you don't make mistakes. It is a system that is capable of performing repetitive tasks with little human assistance once a set of rules has been established. Automated inventory management also gives you real-time visibility of where your stock is, which is especially essential if you store stock in multiple locations such as warehouses and physical stores, or with more than one sales channel.

Min/Max Stock Levels

Multiple Stores

Inventory Valuation

Inventory Rejected/Dead Stock

Negative Stock Restriction

Stock Adjustment

Physical Stock Reconciliation

Department Request

Benefits of an Inventory management system

Using software for a key business process like inventory management comes with a number of benefits, including:

  • Automated inventory management
  • Inventory forecasting for holiday and peak season preparation
  • Prevent Stockouts and Overselling
  • Improving Supply Chain Operations
  • Reduce Business Cost

Reporting

By gaining real-time access to crucial data, inventory management optimises your stock movements and gives you instant access to information about your inventory, including its location. Obtain full access to reports on the grades, locations, shelf lives, transfers, and movements of stock, as well as to reports on purchase orders, truck manifests, and dispatch summaries. Like :

Stock Evaluation

Stock Register

Item Ledger

Department Issue Register

Vendor Bill Tracking

ERP CSI Features

Estimating

  • Quoting and cost analysis
  • What-If scheduling and planning

Shipping Management

  • Picking and Packing lists
  • Delivery Orders
  • Goods Received Notices
  • UPS/FedEx Integration
  • Shipment of non-inventory items

Master Data Management

  • Engineering Change Notices
  • Revision Control
  • Revision History
  • Multi-level BOM
  • Phantom items
  • Non-inventory items

Customer Relationship Management (CRM)

  • Pipeline Management
  • Outlook integration
  • Competitor Tracking
  • Sales Campaigns
  • Sales Commission Management
  • Pricing and Discount Management
  • Customer Management
  • Customer 360 Degree Views

Project Management

  • Full integration with manufacturing, purchasing, inventory, and finance
  • Revenue recognition by milestones
  • Invoice milestone billing
  • Retention invoices
  • Work Breakdown structures
  • Labor and expense reporting

Material Planning

  • Classic MRP or Infinite Advanced Planning
  • Net change or regenerative MRP
  • Master Production Scheduling
  • Demand dependency
  • Planning and Forecasting by Warehouse
  • Planning BOMs
  • Customer-Specific Forecasts
  • What-If planning scenarios

Customer Order Entry Management

  • Centralized or Decentralized Order Entry
  • Return Material Authorizations (RMA)
  • Drop Shipping
  • Regular/Blanket Orders
  • Kit orders
  • Ship Early/Partial processing
  • Available to promise
  • Progressive billings
  • onsolidated invoicing
  • DIFOT Reporting
  • Promotion pricing and rebates

Inventory Management

  • Safety Stock, Reorder Points, Order Min/Max
  • Multiple Warehouses
  • Location tracking
  • Lot/serial control
  • Pre-assignment of Lot/Serial Numbers
  • Container Inventory
  • Dimensional Inventory
  • Consignment Inventory
  • Manufacturer’s Item Number
  • Physical inventory
  • Cycle counting
  • Compliance Tracking

Purchasing/Receiving

  • Safety Stock, Reorder Points, Order Min/Max
  • Multiple Warehouses
  • Location tracking
  • Lot/serial control
  • Pre-assignment of Lot/Serial Numbers
  • Container Inventory
  • Dimensional Inventory
  • Consignment Inventory
  • Manufacturer’s Item Number
  • Physical inventory
  • Cycle counting
  • Compliance Tracking
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