caniasERP | Material Management | Inventory (INV)

The caniasERP Inventory (INV) module manages the material inventory of a company on the basis of quantity and value according to key dates.

Inventory (INV) with caniasERP
The caniasERP Inventory (INV) module does not only allow users to record and monitor warehouse inventory, but also provides a detailed overview about past and actual inventory statuses. Due to integration with different processes, not only is transparency assured in relation to material movements and warehouse inventory, but also the entire production chain is also supported from sales and purchase up to service, maintenance and quality control. The graph shows the integration of the caniasERP Inventory (INV) module with the general system.

Movement Types
All inventory movements can be configured as required with the help of check tables. All inventory receipt, issue and transfers are recorded automatically on a quantity and value basis.


Record Documents
for Inventory Movements Since a record document is automatically created with each stock movement, there is detailed information available in relation to each stock movement. The creation of this document with each change allows all inventory movements to be monitored.


Lot and Serial Numbers
Thanks to the integration of lot and serial numbers, material movements can be monitored completely. Particularly, it is of utmost importance that a complete monitoring is carried out for maintenance and servicerelated requirements.


More Transparency with Evaluations
As with other modules, the caniasERP Inventory (INV) module to perform filtering of important data through comprehensive evaluations. Using freely selected search criteria, actual data related to, for example, warehouse stocks or warehouse movements, are split according to individual requirements. In addition, materials can be staged as ABC or D materials according to stock turnover or their value.

Flexible Storage
Due to use of various inventory types and the capability to keep warehouse stocks always up-to-date via different inventory methods, maximum flexibility is assured in the caniasERP Inventory (INV) Module. With the caniasERP Warehouse Management module, rules regarding flexible storage can be defined when short and convenient means are needed.

Mobile Use
The capability of mobile access to the ERP system increases flexibility and efficiency at the warehouse. With the caniasERP Mobile Inventory application, mobile data entry devices (MDEs) can be used to initiate and check processes such as purchase, delivery note, transfer or inventory records regardless of the current location. In this method, data is recorded and processed in real time. Contributing greatly to consistency.


Fast Response
With the functions in the caniasERP Inventory module and full integration of the module with the ERP system, are necessary adjustment to warehouse operations are made immediatly as required and the user can respond to situations quickly.


Inventory Matching
Each stock movement in the caniasERP Inventory module can be priced by choosing from price types such as average cost, moving weighted average lot/serial number based real cost, FIFO and LIFO. The calculated stock movement prices can be used in various reports and also transferred to and accounted for in the canias ERP Financial Accounting module.


Matching Check
The inventory cost is fed by several modules including notably caniasERP Basic Core Data, caniasERP Production Planning and Scheduling, caniasERP Purchase, caniasERP Verification and caniasERP Sales. The accuracy of inventory costs is contingent upon such integration data being error-free and complete. Inventory cost is calculated correctly using pre-matching control reports, whereas postexpenditure data are calculated correctly using post-matching control reports.


Multi-Accounting Standard
The cost of stock movements can be calculated separately for each accounting standard using the appropriate standard (VUK, IFRS, USGAAP, TFRS etc.). Thereby, results from different accounting standards can be compared.


MODUL GROUP

Computer Aided Quality - QLT

COMPUTER AIDED QUALITY - QLT

Material Requirements Planning - MRP

MATERIAL REQUIREMENTS PLANNING - MRP

Transfer Order - TRO

TRANSFER ORDER - TRO

MODULES WITH INTERACTION

Production Planning and Scheduling - PRD
PRODUCTION PLANNING AND SCHEDULING - PRD
Project Management - PRJ
PROJECT MANAGEMENT - PRJ
Service Management - SRV
SERVICE MANAGEMENT - SRV
Inventory - INV
INVENTORY - INV
Financial Accounting - FIN
FINANCIAL ACCOUNTING - FIN
Purchase - PUR
PURCHASE - PUR
Basic Core Data - BAS
BASIC CORE DATA - BAS
Sales - SAL
SALES - SAL
Computer Aided Quality - QLT
COMPUTER AIDED QUALITY - QLT
Verification - VER
VERIFICATION - VER
Retail Management - RTM
RETAIL MANAGEMENT - RTM
Maintenance Management - MNT
MAINTENANCE MANAGEMENT - MNT
Warehouse Management System - WMS
WAREHOUSE MANAGEMENT SYSTEM - WMS


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