On-Demand Inventory Software as a Service


Enterprise-Wide Inventory Control and Management

Our inventory solution adds complete visibility and control over all stock levels and their movement throughout the enterprise in real time, on demand. Using this integrated, interactive management approach, all employees reference a single system of record. A comprehensive reporting suite ensures an accurate view of inventory status across the enterprise. These capabilities, combined with a preconfigured set of inventory handling rules and a powerful import mechanism, make this solution a fast answer to inventory control resulting in a quick ROI.

Once operational, users can easily define and maintain their inventory items along with their inventory storage locations down to bin, lot and serial numbers for fine grain tracking. Easy maintenance of both the fiscal calendar and material fiscal period roll up makes month end inventory status a snap. In addition to a comprehensive set of standard inventory reports run on demand or a schedule, employees can also easily generate and distribute their own reports, rendering their output as Microsoft Word, Excel, Adobe PDF or CSV (comma separated values) for further downstream processing. And since this reporting functionality is part of a full content management service, users have direct access to past reports to answer inventory related queries.

Finally, when you want to extend this core functionality to cover integration with purchase orders, work orders and sales orders, it is a transparent event since these process points and workflow already exist; in fact, this solution can be transparently upgraded to our 'essentials' edition which covers all key manufacturing services. This additive approach minimizes risk as you move from an inventory solution into a more comprehensive business solution.

Dynamic Stock Status

Because of the perpetual inventory activity within an enterprise, the ability to track its movement is critical. This inventory solution manages and provides full visibility of all material movement within both warehouse locations and between locations, regardless of whether they are domestic or international. Inventory details are tracked by individual bins, as well as through stocking, consigned and in-process locations. Balances are maintained by category for each plant or warehouse location, providing dynamic stock status and historical visibility.

Material Control

Inventory hierarchy tables define the sequence of locations within a warehouse, in which to look for materials, while LIFO/FIFO capabilities provide the means for controlling the issuance of those materials.

Dock-to-Stock Material Flow

Upon reaching the receiving dock, incoming material flows smoothly through receiving and inspection. During this "dock-to-stock" process, you have visibility of the material's status, its current location and its final destination.

Automatic Unit-of-Measure Conversion

For each item, this inventory solution lets you establish appropriate units of measure during the buying, stocking and selling operations. When material is moved, the system automatically adjusts the quantities moved based on the defined unit of measure. For example, material purchased in rolls may be stocked in feet. Products can be built and stocked for inventory as individual units and then sold in packages. This capability permits you to conduct business with suppliers and customers on their terms while maintaining inventory in your own familiar terms.

Lot and Serial Control

Items defined as lot-controlled are assigned lot numbers as part of the receiving process. The lot identification number is always visible whether the material is in inventory or in process. A history of all activities is maintained by lot number.

In addition to lot numbers, individual serial numbers may be assigned to identify and track critical goods uniquely. The resulting serial-controlled items further assists in maintaining control of purchased materials and manufactured products.

Material Movement

  • Drive dock-to-stock transactions with user-defined routing tables
  • Transfer inventory from one site to another with supporting documentation
  • Receive and issue material
  • Record inspection results
  • Assign material storage locations
  • Dispose of rejected material using a Material Review Board (MRB)
  • Record and monitor material scrap for inventory accuracy
  • Track material designated as rework

Multi-Location Management

  • Create master location for operating units
  • Define stock-keeping locations within master locations
  • Define processing rules for priorities by location

Automatic Dock-to-Stock Sequencing

  • Source Quality Assured (SQA) or Non-Source Quality Assured (NSQA)
  • Ability to require inspection based on item
  • Inspection and MRB disposition routing
  • Return-to-vendor or rework processing

Unit-of-Measure Conversion

  • Generic and item-specific units of measure conversion values
  • Ability to define UM conversion factors for storing, buying and selling of items

Supply Management

  • Handles purchased or manufactured material receipt

Inventory Controls

  • Location tables
  • Location hierarchy
  • Bin table
  • Unit-of-Measure conversion
  • Dock-to-Stock table
  • Obsolete or inactive items
  • Primary stocking location

Consigned Inventory

  • Supports consigned inventory management
  • Handles multiple consigned inventory locations

Standard and Ad Hoc Reporting

There are 16 standard reports that provide inventory activity visibility on demand:

  • Product Catalog Report
  • Print Inventory Move Tickets
  • Inventory Valuation by AGC
  • Transaction History Detail
  • Transaction Register Report
  • Waiting Inspection Report
  • Discrepant Material Report
  • Inspection History Report
  • Period Inventory Adjustments Report
  • Period Material Issues Report
  • Period Material Receipts Report
  • Period Material Scrap Report
  • Bin Table Report
  • Item UM Conversion Report
  • Average Cost Report
  • Physical Inventory Count Sheet

In addition, users can easily retrieve inventory information using an integrated Ad Hoc reporting facility that has access to inventory operational data. Reports can be requested on demand or scheduled and distributed to users via an integrated scheduler. These reports can be rendered in HTML, Microsoft Word, Excel, Adobe PDF or CSV formats. All scheduled Ad Hoc reports are automatically placed into a server-side content management environment. Authorized users can retrieve previously executed reports at any time to answer customer queries and provide downstream processing.

On-Demand Value

  • Secure, 24x7 on-line access
  • No specialized software or additional hardware required (access via your Web browser)
  • No technical staff needed to maintain GSInnovate Inventory Edition
  • Application advancements and feature/functionality upgrades occur seamlessly with no disruption to your business
  • Per-User Pricing
  • No Long-Term Commitment
  • Friendly, real-people support from manufacturing experts

To learn more, request a Web demo for a closer view. Or call 1-877-474-8896 to speak with one of our inventory experts.

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