Course Content
Objective
To provide superior management over inventory by optimizing inventory stocking levels for excellent customer service and profit maximization.
The Value of SYSPRO Inventory Control
- Analyzes inventory levels, allocates stock plan purchases and allocates deliveries accordingly
- Provides powerful screen query with history and graphics
- Has an extensive serial number tracking system along with expiration codes
- The batching rules assist in controlling inventory levels
- Identifies key suppliers of each stocked item
- Powerful pricing and costing capabilities
- The Available to Promise is calculated to assist in decision making
- Preview of reports to screen and email capabilities
Matching SYSPRO to your business
- Flexible costing options including average, standard, LIFO, FIFO and last cost
- Provides for multiple units of measure per item
- Gives strong multi-warehouse functionality along with multiple bin locations
- Uses SYSPRO's very powerful and flexible pricing - quantity and discounted prices, contract pricing and more!
- Provides an optional 2-phased receiving capability
- Backflushes items with short manufacturing lead times
- Allows the option to retain cost in units of measure other than stocking
- Gives lead times and dock-to-stock for realistic time-phasing
- Has notes per item for P/Os, S/Os, WIP, technical specs, dangerous goods handling, etc.
- Facility to place stock code on hold
- Visibility of transfers between warehouses
- Supplier/stock code cross reference
- Powerful stock take/physical inventory system with import facilities
Audit Trails and Reporting
- Gives thorough audit trails for all transactions
- Browses through pictures of stock items using the bitmap browser
- Has a robust automated physical inventory system saving time and effort and improves accuracy
- Allows inventory transfers between warehouses and bin locations
- Provides global cost and selling price changes
- Groups inventory items into resalable kits
- Automatically updates minimum stock levels based on actual usage and sales figures
- Provides bar code integration
- Attaches OLE objects, .gif, .jpeg or bitmaps, spreadsheets and sound clips to stock codes
- Has easy, menu-driven receiving, issues to Work in Progress, physical adjustments and cost changes
- Provides password security control over sensitive functions
Integration
- Integrates with the Sales Orders & Invoicing, Purchase Orders, Work in Progress, Bill of Materials, Accounts Receivable, Lot Traceability, Product Configurator, B2B Trading & Interface, Return to Vendor and General Ledger modules
- Email reports with the Office Automation module