Any distribution or manufacturing system, whether manual or computerized, must have some way of recording what parts are in inventory and in what quantity. In fact, this record of what is in inventory is the most fundamental and necessary portion of the system. MCBAs Quantum Inventory Management package keeps detailed records on all inventory movement and generates useful management reports. Here are a few examples of the types of transactions that occur:
- Relief of inventory when invoicing a customer order in Customer Order Processing or issuing material to a shop order in Shop Floor Control
- Increase of inventory when receiving items in the Purchase Order and Receiving package or completing finished goods in Shop Floor Control
- Update of on-hand quantities as a result of a physical or cycle count using the features in the Inventory Management package