Inventory Control

Effective inventory management reduces inventory levels, while ensuring product availability and enhancing order fulfillment rates. THE NEXT LEVEL Software Series inventory management functionality allows you to access inventory throughout your company and, if necessary, transfer product from other locations to satisfy your customers' needs. Cycle counting features confirm that your inventory counts are accurate; lot and serial number tracking permits you to track stock and ensure regimented inventory rotations; and vendor returns enable you to efficiently manage and track the process of returning material. The combination of these Inventory Management tools lowers carrying costs, minimizes excess/obsolete inventory, increases customer service levels, and maximizes inventory turns.

Fully Integrated

THE NEXT LEVEL Software Series Inventory Control can either be fully integrated with the entire THE NEXT LEVEL Software Series suite of business applications or implemented as a key component of a specific business process, such as procurement.

Intuitive User Interface

The Windows-compliant user interface or Web browser version - THE NEXT LEVEL Software Series Inventory Control Module promotes rapid learning and ensures intuitive navigation for both new and experienced users. All functions have the same look-and-feel to assure continuity for users operating multiple modules across the order fulfillment process.

Comprehensive Product Information

THE NEXT LEVEL Software Series Inventory Control provides a common repository for maintaining product information used in sales, purchasing, warehousing and production.  THE NEXT LEVEL Software Series Inventory Control manages lots, serial numbers, shelf life, and expiration dates. It permits user-defined numbers, descriptions, notes, attached images and documents such as MSDS. Supported costing methods include standard, average, FIFO, last, and order cost. Sales information referring to substitutes, supersessions, customer products and packaging is also provided. Products can be handled in various units of measure including stock, sales, purchasing, packing, and in different types such as volume, cube.

Location Management

Site parameters are used for flexible location numbering format definitions, as well as warehouse receiving, storage and picking location assignments. Controls are provided to facilitate, delay or restrict access to locations as needed. Locations can be dedicated to specific items, dynamically assigned or used to track inventory stored off site.

Inventory Balance Snapshots

THE NEXT LEVEL Software Series Inventory Control allows users to view stock balances by site including on hand, reserved, available, on-order, in-transit, and on backorder, with further zooms to details at the location and lot levels. Stock level inquiries help users to see the impact of events like order allocations and planned purchase or production orders.

Replenishment

Inventory replenishment rules and data are maintained by product and site to help balance customer service and inventory levels, including lead time, safety stock, reorder formulas, and firm and planning time horizons. Replenishment orders can be generated as part of DRP or to reorder buy-for-stock items separately. Multiple-order points are supported, including min/max. Replenishment orders automatically become open requirements for action by production or purchasing.

Stock Movements

THE NEXT LEVEL Software Series Inventory Control manages all inbound, outbound and intra-site stock movements. Receipts, shipments, inter-site transfers and returns are tightly integrated with sales and purchasing. Transactions resulting from physical count and other stock adjustments are controlled by parameter-driven entry windows, adaptable to individual user and site policies .All intra-site stock movements to and from the appropriate storage and picking locations are also managed. Simple inter-site transfers can be entered without the need to create sales and purchase orders.

Built-In Security

Users groups can be assigned security codes that restrict access to selected functions, fields and data values.

Customizable and Open Design

THE NEXT LEVEL Software Series Inventory Control is designed to be easily customized by setting various levels of parameters in configurations that allow companies to maximize their competitive strengths.