The Inventory Management Software module is a full-featured inventory management system that integrates with all relevant ABECAS™ Insight modules. It allows you to manage your inventory by warehouse/item/lot as well as track serial numbers, if needed. Availability is tracked at the physical (on hand) level as well as the expected future level based on pending sales and purchases/production. Optionally, the location of items in the warehouse can be managed through the putaway, picking and location transfer processes.

The item master contains the details and rules on how each item (and lot) will be used throughout ABECAS™ Insight. This includes cost, price, discount, tax, commission, units of measure, size, preferred storage and pick locations, available and expiration dates, reorder, product groupings, royalties, warranties, picture, and handling information. It also supports the relationship between eaches, cases, pallets and containers.

Accounting is handled at the Product Category level and allows for “behind the scene” accounting for inventory, sales, cost of sales, receipts, usage, and adjustments. Returns and price adjustments can be tracked separately, if desired. Inventory may be received directly through the IM module or through Purchase Orders and Production Management. Inventory used in production, promotions and other non-sales activity can be directly charged as usage, as relevant.

Features
The ABECAS™ Insight Inventory Management module is flexible enough to meet any inventory, sales, purchasing, or production challenge. It includes:

• Powerful management screens with filtering and drill down capability
• Inventory tracking at the warehouse, item and lot level
• Serial numbers can be tracked, if required
• Real time inventory availability based on the status of transactions
• Comprehensive item and lot records
• Flexible pricing with preset prices, percent basis, quantity breaks. and multiple levels at either the item or lot level by date
• Special pricing by customer group by date
• Flexible costing at either the item or lot level
• Cross reference relationship with vendor sku codes
• Automatic accounting through the Product Category
• Items may have an associated Kit/Bill of Materials
• Reorder quantities and rules by item or lot
• Location tracking within the warehouse by item/lot, including transfers
• Inventory transactions to receive, use and adjust available product
• Ability to track unavailable product by reason
• Bar coded labels and tags
• Recap reporting to account for all receipts, usage and adjustments
• Ad hoc reporting for analysis of items, transactions, history
• Seamless integration with the rest of ABECAS™ Insight