ERP/BACK OFFICE: Interprise Suite Inventory Module
Managing inventory and keeping stock at optimum levels is one of the foremost considerations in the supply chain. Keeping track of what needs to be replenished, needs to be adjusted and sold right away are just a few of the tasks that must be accomplished with caution and accuracy. Now experience superior inventory management when experiencing Interprise Suite.
Interprise Suite Inventory Module provides complete control of inventory, allowing direct supervision during every step of the supply chain which minimizes, in not eliminates , errors generated due to the complexities of managing and overseeing multiple warehouses and locations. For every item in your organization’s inventory, you will be able to track costs and item usage while keeping all relevant information. Compare supplier details side by side and make well informed purchasing decisions with up to date costs, information on priority suppliers, purchase trends and more. Interprise Suite includes a range of different pricing options allowing you to set up simple, multi-level and customer specific pricing while still flexible enough to handle other pricing schemes.
You can create an unlimited number of warehouses, store inventory and assign them for various purposes such as consignments. The warehouse management option allows you to effectively manage each warehouse down to each location. Designate locations to be the preferred pick and store away areas to easily fulfill and dispatch customer orders.
The Interprise Suite inventory screens serve as a central place for all inventory related set up and historical data. Information that is usually separated among different accounting modules such as sales order, purchase order, warehouse or completely different applications are all brought together in one logical location. This comprehensive approach allows increased efficiency and profitability by helping to better manage inventory, spot emerging trends and monitor supplier performance.
Designed with today's dynamic business in mind, the Interprise Suite Inventory Module supports an incredible number of advanced features as illustrated below.
Companies that sell items with different attributes (sizes, colors, designs, patterns, etc.) or in configurable kits (computers, jewelry, etc) will appreciate our Group Matrix and Kitting features. Set up both features easily with Interprise Suite's set up wizards that guide and assist you through each of the processes. The Group Matrix feature allows the set up of product attributes and will automatically create the corresponding items; the kitting feature allows the set up of predefined options allowing customers to upgrade and downgrade items in available kits. Both the Group Matrix and Kitting features easy to use speed-entry pop-up forms significantly decreases order entry time and works with Interprise Suite's eCommerce Module so your company's web-store is automatically configured.
Group Matrix Features :
Kitting Options :
To provide the flexibility to price your products as you see fit Interprise Suite has some of the most sophisticated pricing methods available. Additionally, Interprise Suite allows for prices to be set on a per currency basis allowing even the smallest business to go global.
Inventory Wholesale and Retail Pricing: This is the most common pricing method allowing the set up of a wholesale, retail and suggested retail price for each item. Prices can be manually populated or automatically calculated up based on cost, last cost or profit margin.
Inventory Price Lists: This offers the greatest amount of flexibility by allowing the set up of an unlimited number of price lists per currency. Price lists supports quantity discount schedules and can be set by units of measure.
Inventory Promotional Pricing: This allows the setting of items on sale for a particular period of time. During order entry Interprise Suite will automatically calculate the customer's regular price against the promotional price applying the lower price to the order and ensuring customer satisfaction.
Customer Discount Price: This common pricing method allows you to assign a fixed discount to a customer on all of their orders (i.e. 10% discount).
Customer Negotiated Pricing: This pricing method allows you to override the default pricing method for an unlimited number of items on a per customer basis.
Customer Last Price Paid: This pricing method will automatically retrieve the last price the customer paid during order entry. If it is the customer's first time ordering the product, then the default price will be displayed.
Customer Markup: This pricing method allows the assigning of a markup off the cost price for items on a per customer basis. For example, you can set up a customer to have a 50% markup and the system will automatically calculate the price during order entry.
Category Discount Bands: This pricing method allows you to set an unlimited number of discount bands per category which then can be assigned to customers. For example you can set up a category discount band that will give customers 10% off hardware and 20% off software purchases
eCommerce has become an essential factor for business growth in today's internet-based world. Not only is eCommerce successfully integrated into an accounting/ERP/CRM solution, AspDotNetStorefront, Interprise Suite has redefined the way business is done online through the concept of "eBusiness".
With Interprise Suite AspDotNetStorefront both web store and Interprise Suite share the same business logic, database and company information significantly minimizing or eliminating the tasks to launch and maintain a web store. A multitude of options that are found in the Inventory Module has been integrated to provide the needs of businesses in selling their product online.
Interprise Suite supports an unlimited number of suppliers for each of your inventory items on a per warehouse basis. To help best organize suppliers and maximize profitability for each item, Interprise Suite allows the set up of supplier priority levels for each warehouse which flows to the auto-purchase order functions found in the supplier modules. With this feature, assign a default supplier for an item, per warehouse, allowing you to choose the nearest supplier and reduce shipping charges.
Purchase details such as lead time, purchase item number, purchase description and purchase tax rates can be set up per supplier for maximum flexibility.
Promotional pricing and volume discounts are also supported. For suppliers in foreign countries, the purchase order descriptions are multi-lingual having the capability to print purchase orders in your supplier's native language.
The assembly feature accommodates very basic manufacturing requirements. For example, your company may sell a variety of bicycle parts or you may sell a bicycle comprising of those parts, naturally requiring assembly. In house assemblies of such items can be done in the Assembly/Works Order feature of Interprise Suite by taking out component stock items and putting them together as an assembly item. The Assembly Works/Order form can be customized to display information on what is committed, available, and on back orders for each assembly component.
Although the internet, reduced telecommunication and shipping costs have made it considerably easier for the smallest of businesses to go global, the majority of business software applications have simply not capitalized on these new business opportunities.
To assist companies with global ambitions and goals, Interprise Suite supports an unlimited number of selling languages and currencies to help you better localize your products for each market you want to serve. Selling languages defined in Interprise Suite flow through to the eCommerce module giving your company a true multi-lingual website.
The Inventory Module includes a very powerful bar coding solution that streamlines the distribution process, allowing your company to effectively collect inventory data faster and eliminating data entry errors made by data re-entry. Print barcodes whenever needed, like during purchase orders or receipts.
The Inventory Module allows you to set up warehouses to manage inventory in multiple stock locations in real time. Fully integrated with the other modules of Interprise Suite, all warehouse related information is organized in the Warehouse Form giving you the information you need when you need it.
Users can customize how the Inventory Module forms will perform for them. Default information can be made thru wizard setups to enhance productivity when entering and maintaining inventory data.
Bundle items together into a single SKU, or as one combined product with Inteprise Suite 6.0's new Bundle Item Type function. Creating item bundles allows you to take orders quickly and provide custom pricing when sold in the group. This new feature becomes extremely useful for special promotions when customers buy items together.
Creating bundle items is as simple as 1, 2, 3. Through the New Item Wizard, stock, assembly and matrix items can be bundled however you see fit. For example, the new Bundle Item Type feature aids well when you have a 'Buy 1, Get 1' promo happening, or a movie trilogy edition box set that includes discounted prices.
Interprise Suite 6.0 now provides the ability to reserve incoming purchase orders to open sales orders, back orders and invoices, when an inventory item no longer has free stock to allocate.
When your purchase orders are converted to goods received, the reservations on the purchase orders turn to allocations. This new feature eliminates the need to put orders on hold and allows you to automate the reservation process, as you replenish your stock.
Advanced preferences can be set, to further enhance the order reservation process. For instance, should a sales order be voided, any reserved items on the voided sales order could be transferred to other open sales orders, with no confusion. Both the sales order end and purchase order end remain on point, keeping your operation streamlined.
When you have product in stock, Interprise Suite eCommerce works seamlessly to allocate against the quantity in stock. Your customer can order at will and with the click of their mouse, your stock is immediately allocated accordingly, leaving the inventory levels accurate for the next order.
When you have product out of stock, with an open P.O., you can reserve against the quantity on that P.O. Your customer is immediately notified of the date the product will be shipped.
No matter how many orders you have in your queue, in-stock, or out of stock, Interprise Suite Inventory has made it efficient and easy to maintain control of your inventory. Whether you will allocate from the quantity you have in stock, per order, or, reserve incoming stock against open P.O.'s, your inventory levels remain accurate in real-time and your sales continue flowing smoothly.
Advanced Inventory in Interprise Suite eCommerce helps you to provide a higher level of stock to your customers, preventing the loss the of business and increasing your sales.