Managing your inventory investment is an
essential part of controlling your business’ working
capital.You want
to control over stock and under stock situations.To achieve maximum return on your inventory investment
dollar you need the right information.
The NEVIS
Inventory Management application allows you to
focus your inventory investment into those items you sell most
often.You can
use Inventory Management as a simple forecasting tool, or as
an integral part of your purchasing department.
As simplistic or sophisticated as you require
5 different ways to create purchase orders
Calculates average usage, re-order point EOQ, days supply
and lead time
Allows for seasonal items
Forecast may be based on sales or order demand
Calculations use vendor minimum quantity or dollar value
You select items for control
Suggested PO’s may be created and edited on line
Calculates inventory turns
Item ranking reports by total sales, total cost, total
quantity or gross sales
Overstock
report
Central purchasing system available
NEVIS
Backorder Management is designed to help you assign
inventory to backorders in three ways.
Control backorder processing manually (picking ticket
oriented)
Allow
the system to assign, release and print backorder picking
tickets completely automatically
Produce reports that show the assignment of inventory to
backorders and you control the release of picking tickets
based on the provided information