Inventory Control System (ICS)
The robust Inventory Control System (ICS) provides a user-definable account classification and category code structure. The system is structured to handle the corporation with multiple companies and divisions. This user-defined tracking level easily accommodates both small and large companies.
Inventory Control System Features
- Permits your staff to define major lines, product lines, items, warehouses, and locations. Consignment stock and finished goods can all be tracked
- Tracks inventory value by FIFO, LIFO, average, standard, list, last, or actual - simultaneously
- Supports serial identification of paper (rolls, cartons, skids) with several methods: Primac-generated bar-code labels, home-grown labels, or the use of paper mill labels, are all supported
- All reports are available to print, view on screen, email or download to your desktop
- Posts all inventory receipt transactions in real-time and makes them immediately viewable throughout the entire network
- Allows users to create up to literally thousands of warehouses and locations (if needed)
- By utilizing alpha/numeric four character fields, the user can stock inventory with "intelligent" coding throughout a single warehouse via location or across multiple warehouses
- Enables the user to forecast inventory needs, via data tracking, based on future raw material consumption for booked jobs
- Historical data is easily exported to Microsoft Excel and other applications for ad-hoc reporting
- Allows for user-defined factory overhead when assigning value to material transactions
- Supports inventory tracking by location, by movement, and by shipment of consigned goods, semi-finished products, and finished goods
- Tracks individual rolls and skids from their time of receipt into the warehouse, to point of transfer within the plant, through consumption in the pressroom
- Allows the user to define the default costing method by which inventory is received into the warehouse - FIFO, LIFO, average, standard, list, last, or actual
- Allows raw materials to be made available to the general company or to only specific warehouses and plants
- Allows raw material items to be reserved for a specific customer at all times
- Allows the user to search inventory for paper items by approximate size. The user can search inventory by entering a base size and a plus/minus variance
- Provides real-time data about all inventory on-hand, available, in-process (posted to WIP), reserved, and on-order; these items are shown for all locations, or by warehouse by location
- Users can view additional detail by drilling down to see individual locations, specific rolls, jobs, receipts, historical usage patterns, purchase orders, etc.
- Tracks partially used rolls and slit rolls in units of measure and in dollars
- Tracks the life of a roll after slitting it into several sub-rolls, with auto-generation of the sub-roll records and linkage to the original master roll
- Allows users to reserve any on-hand paper units (pounds or sheets)
- Provides an efficient and accurate physical inventory counting process
- The system's division by warehouse allows the customer to take cyclical inventory counts without having to freeze the warehouse