Inventory Control Module

Overview

The Inventory Control Module tracks product usage and costs, and maintains inventory at optimum levels.  Complete information is available about the value of inventory, quantities on hand, quantities committed, and the flow of inventory items.  Inventory Control handles multiple warehouses.  Items can be transferred from one warehouse to another.  Inventory can be tracked for each item in each warehouse.  WorkLine^TM tracks quantities sold, returned, and used up to 12 prior periods.  Each warehouse for an item has it's own reorder level, stocking location, and historical statistics.

STN has developed unique procedures that permit trucks to be treated as warehouses.  Inventory stock can, therefore, be carried on a truck and still be controlled.

STN has several methods for handling 1) accountable stock, 2) bulk stock, and 3) bench stock.  Each of these requires different procedures and methods of handling and accounting.  WorkLine^TM uniquely gives you choices in how you wish to account for these materials.  Inventory can be valuated by either LIFO (Last In First Out), FIFO (First In First Out), Average, or a modified Standard Cost Method.

Inventory item information can be entered, edited, and printed.  An item is identified by a 15 character item number, and up to eight different 20 character bar code numbers.  These numbers can be used for lookup anywhere in the system.  In addition, you can assign each item a stocking unit, pricing unit and conversion factor, bin or floor location, an ABC code for analysis, last sale data, and a code to indicate whether backorders are allowed.  Up to eight alternate numbers can be entered for an item.

Unlimited pages of notes may be defined for an item.  Vendor record information is also entered, including vendor number, product number, minimum order, and lead time.  Customized item labels can be printed for some or all items, in order by item number, item description, or item location.

The Inventory Transaction file offers easy data-entry of issues and credits to a work order, transfers to a warehouse, and regular adjustments to inventory.  Issue and Transfer receipts are printed and signed.  Inventory transactions can also be imported from a hand-held bar code reader.

An Inventory Transaction Edit List - either in a long or short form - can be printed to ensure that transactions were entered correctly.  The Inventory Transaction Register provides a paper audit trail and is automatically printed when transactions are finalized.

A streamlined physical count process is provided in WorkLine^TM.  In addition, physical counts can be imported from a hand-held barcode reader.  Variances can be reported and posted automatically.

Inventory Control offers multiple reports to help manage inventory.  These include: