Micronet Inventory Management

The inventory management ability of Micronet's Distribution System makes it one of the most flexible and powerful distribution systems available, here are some of the reasons why...

• Inventory can be held in multiple warehouses at optimum levels to maximise customer service.
  
  
• "Transfer Locations" can also be created so that items transferred from one location to another are "held" until receipted into the remote location.
  
  
• Each inventory item has the facility to be assigned alternate items, suppliers and supplier parts (which may be EDI specific), or can be identified by a range of specific customer part numbers.
  
  
• Any item can be found using its main number, the suppliers number, its barcode number, category or its description.
  
  
• Inventory can be divided into strategic categories and classes to facilitate customer discount matrices, for ease of control and reporting.
  
  
• Special categories can be established for non-inventory, irregular stock items, manufactured items or temporary parts.
  
  
• The cost price of an item can be kept as full average, fixed cost, last in cost (stock is revalued at the last received cost) or first in first out (FIFO).
  
  
• Inventory serial number and batch lot tracking is supported with Micronet's Distribution system.
  
  
• Standard reports are provided to track safety stock levels, items overstocked or those that need to be replenished based on sales averages and lead times.