Multi-dimensional Inventory Management

For most businesses inventory is their most valuable asset. Managing inventory efficiently can make the difference between ending the quarter or year at a profit or at a loss.

AccountMate offers numerous inventory related programs to help improve your inventory management capabilities. In addition independently developed programs are available to enhance inventory management.

The Inventory Control module provides the ability to define each inventory item’s cost method, units-of-measure, warehouse and bin locations. You can enter safety stock, lead time, reorder level and reorder quantity information. Inventory counts can be performed at any time and as often as needed without interrupting shipping and receiving processes.

You can assign serial numbers to each unit of an inventory item. You can define multiple substitutes for an item and record transfers of units from one warehouse to another. Stock items can be issued specifically for internal use. You can also view a list of vendors that supply a particular item or a list of all items sourced from a particular vendor.

Inventory Control integrates with and enhances the functionalities of the Accounts Receivable, Sales Order, Purchase Order and Manufacturing modules. Inventory Control can also integrate with the Pricing Control, Upsell Management, Inventory Specification, Kitting, Lot Control and Customer Inventory Manager modules.

If you need easy, quick and accurate management of complex inventory that requires tracking of attributes, AccountMate’s Inventory Specification module is an excellent solution. This module allows you to create categories for inventory items, such as size, color, weight and texture. You can then track the items’ quantities, costs and prices by the assigned categories. This provides you with the ability to quickly suggest a similar item when the desired specification is not available, thereby keeping sales strong.

With AccountMate’s Kitting module, you can add kitting capability to your Inventory Control module. It allows for creating and managing inventory items packaged and sold together as a single unit. This Kitting module is designed for use for companies whose goods are often resold in many different configurations. Users can define whether assembled units of a kit item must be kept in stock or whether they can be packaged on the fly as orders are received. Kit items may be sold using a predefined formula or they may be customized per order. This module enables you to track items as they are sold either individually or as components of a kit, allowing you to make sound and up-to the minute inventory management decisions

With AccountMate’s Lot Control module you can add the power of a complete lot control system to your Inventory Control. You have the ability to track units of lot-controlled items from purchase or production through inventory and sale, as well as record each lot-controlled unit’s expiration date.

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