Inventory is the most critical asset for any stocking distributor. The “effective management” of inventory will minimize inventory levels while maximizing customer fill rates, without sacrificing customer service. The Touchstone/2000 Inventory Management application offers automated replenishment capabilities based on Gordon Graham methodologies, including Line Point and Vendor target analysis.
These costing methods are available for Inventory; FIFO, LIFO, Weighted Average, Last and Standard cost. Items can be serialized or lot controlled with all sales and purchasing detail retained for reprinting of source documents and for reporting.
The Inventory application is interactive with most of the other applications that comprise the Touchstone/2000 distribution solution. Touchstone/2000 offers multi-warehouse capabilities, order takers can view item stocking postions of all warehouses to help them determine the best way to service customers.
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