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Supply Chain >> Small Business Manager Supply Chain Management >> Inventory Module

Small Business Manager Supply Chain Management Inventory Module

Manage inventory effectively with Microsoft Business Solutions Small Business Manager. Flexible pricing and cost methods, back-order management, real-time inventory adjustments, and integration with sales and purchasing processes help ensure your business can purchase, sell, and replenish stock to control costs and meet customer needs.

Manage Costs Effectively
Maintain tight control over costs by assigning one of three different cost methods to inventory items and tracking costs from purchase to customer sale.

Monitor Spending
Manage your cash flow and inventory purchases at any given time with real-time inventory allocation.

Tailor Inventory Management for Your Business
Maximize flexibility for tracking items, costs, and quantities by assigning lot and serial numbers or grouping separate items sold as a single unit into kits. Manage complex, interrelated inventories to help ensure you always have adequate parts to fill upcoming orders.

Enhance Customer Relationships
Apply multiple pricing levels to sales items and assign a specific level to each customer.

Integrate with Sales and Purchasing
Automatically update costs and quantities when items are purchased, received, sold, and returned, as well as make adjustments without having to create sales or purchasing transactions.

Put Information to Work
Increase sales and improve profitability by using robust inquiry tools to track strong and weak product lines, spot trends, and accurately forecast future needs.

Features: Inventory

Cost methods: Setup your inventory valuation to match your business needs by assigning one of three different inventory cost methods to each item—FIFO, LIFO, or Average.
Item types and capacity: Choose from multiple item types including stock, kit, labor, and service, or set up user-defined fields. Manage an unlimited number of inventory items, and prevent errors with an optional alert when invalid item numbers are entered on sales or purchase orders.
Serial and lot numbers: For items with the same item number, assign lot numbers or serial numbers to the items to maintain control over your inventory.
Unit of measure: Input individual units of measure for each item.
Multiple price types: Choose the pricing type that works best for each item- specified price, percent increase on last cost, percent adjustment on base price, or amount adjustment on base price.
Kitting: Group items sold together as kits and automatically track component costs and quantities when kits are sold.
Multiple price levels: Create up to five price levels per item and then assign price levels by customer.
Multiple tax levels: Determine whether or not items are taxable and assign the appropriate sales and purchase tax to each item. Tax is then automatically calculated on sales and purchasing documents.
Allocate quantities: Ensure appropriate inventory tracking by allocating items to a sales order as soon as it is created. Once posted, items quantities and costs are updated in the system.
Automatic update to inventory: Item costs and quantities are automatically updated in the system when items costs and quantities are purchased, received, sold, and returned. Automatic reminders help ensure that items are consistently replenished.
Assembly component management: Track inventories of both assembled units and their individual components, with parts linked to specific finished goods. Manage complex, interrelated inventories and obtain forecasting reports on up to ten levels of assembled components.
Backorder tracking: Items sold that are out of stock are automatically assigned to a backorder list to be purchased later.
Adjust inventory: Adjust quantities and costs directly, without going through the sales or purchasing process.
Change costs: Meet your business need by changing the item costing method after it has been set up.
Physical inventory checklists: Conduct accurate physical inventories with the physical inventory worksheet.
View history: Easily look up and view your inventory history by item.
Find item transactions: Find all item transactions associated with a given inventory item with an inventory item search tool.
Inventory stock status: View detailed real-time inventory prices, costs, and quantities by item, along with summary inventory value.
Other inventory reports and inquiries: Analyze inventory using reports and inquiries, including the historical stock status, item price list, and physical inventory checklist.
 

Key Benefits:

Easily customizable and highly scalable
 

Supports connectivity with customers, vendors, business partners and employees
 

Robust, comprehensive functionality all-in-one source

Supports operations across countries, sites, languages and currencies

Key Features:

Microsoft Small Business Manager SCM supports your entire business and delivers these key functions:

Inventory module

Microsoft Business Solutions Small Business Manager Reporting

Sales