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INVENTORY

Inventory Overview

The Inventory module performs the following functions.

PRODUCT DATABASE

The Inventory module serves as the primary database for storing most product information.

Both inventory items and non-inventory items (such as shop supplies) are set up in Inventory.   Anything that will be processed on a Purchase Order, Work Order or Sales Order is required to be set up in the inventory database.

A variety of fields are available for specific manufacturing related functions.  Products may be organized into classes and categories for reporting purposes.

Both the Inventory and Bills of Material modules offer a complete standard cost system in addition to an average cost inventory.

ORDERING TOOL

The Reorder Report in combination with the Inventory Inquiry provides an excellent tool for determining what to purchase or manufacture.  Information is displayed as to what’s on hand, on sales order, on back order, on purchase order, on work order, allocated, and in work-in-process.  Reorder levels and reorder amounts may be established for each item.

INVENTORY TRACKING

All inventory transactions (purchase order receipts, shipments, adjustments, issues to work-in-process, manufacturing receipts) are tracked and available for review.  Month end reports provide all information needed for month end inventory accounting.

PHYSICAL INVENTORY

The Physical Check report allows you to select items for counting, and the Adjust Physical Levels program provides a means for entering new balances and tracking the dollar effect of inventory adjustments.  In addition to these simple physical inventory tools, Evo~ERP offers an entire Physical Inventory module.

MULTIPLE LOCATIONS

The system provides for multiple warehouses or manufacturing plants and can maintain separate stock balances by location.