Today more than ever,
every company that receives, stores, and ships large numbers of parts must
improve the efficiency of its inventory management procedures. The ES/2000 ERP
Inventory Control module tracks parts purchased and received from suppliers, as
well as orders processed and shipped to service centers. The Inventory Control
module contains identifying information about each standard part, including
part number, revision, description, location, lead-time, negative inventory
levels, and more. The Inventory Control sections logically group part
information for easy access, including information about costing, work in
process, lot tracking and material control.
Click
the ICON image to see a screen shot of the ES/2000 Inventory Control module.
1. Inventory The
inventory section consists of a master file which contains basic inventory
information such as; Item Number, Item Description, Unit of Measure, Item
Weight and Vendor Number. It also includes Quantity on hand, Multiple
Locations, Quantity on order and Quantity allocated. The inventory control
section maintains and reports information relating to inventory activity,
inventory status and inventory cost. All inventory records are updated
instantaneously upon the entry of any inventory-related transaction, and audit
trails and history reports are provided on these transactions.
The inventory information includes summary totals at the inventory item level
and detailed information on individual open orders, providing you with a total
picture of availability and demand.
2.
Material Using
ES/2000's Material section you can instantly access material status, location
and availability. You can also monitor and track items at the lot and/or serial
number level and maintain complete control over your inventory by plant or
distribution center. The Material section, in conjunction with
the system's cycle counting and physical sections, ensures
the integrity of your inventory.
3.
Receiving All
incoming and outgoing material is tracked by ESI's ES/2000's Inventory Control
module's Receiving section. In addition stock facilities can be maintained by
the ERP/2002 Receiving section as well as Records of incoming material are
maintained and linked with purchase order and traveler. ES/2000's
Receiving section also creates build orders, for assembly work, based on the
purchase order and process flow.
4.
Inventory Management The
ES/2000 Inventory Management section provides a method for conducting physical
inventory counts and satisfying external audit requirements. Features of the
Inventory Management section include automated creation of item tags,
actual/versus recorded balance evaluations and automatic conversion of physical
count to current inventory balance. The Physical Inventory module also includes
the ability to automatically create general ledger transactions for any
inventory balance updates.
5. Lot Tracking In
addition to the standard serial number tracking capabilities, the ES/2000 Lot
Tracking section provides optional Location/Lot Tracking functionality and firm
inventory control for companies that have multiple warehouses, multiple stock
locations and/or lot number control.
