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eXensys Inventory Management
 
eXensys Inventory Management is a Web based, comprehensive and flexible system. It is designed to help organizations to enhance visibility, collaborate more effectively with suppliers, and increase overall speed, accuracy and scalability of supply network. It enhances supply chain network and realtime inventory visibility to drive all stakeholders to keep stock at optimal level. It allows sharing of information and manages a full range of transactions and communications with suppliers through Internet.
 
Salient Features
 
 Multilevel configurable storage structures, viz., warehouse-location-bins
 Effective indent management for internal and external movements
 Maintenance of vendor managed and vendor owned inventory
 Usage of all available valuation methods (FIFO, LIFO, WAVG and standard price)
 Effective item categorization and seasonal inventory management

 Management of various types of inventory (MRO, spares, wastes, raw material, finished

  goods)

 ABC analysis, cycle count, stock adjustments, stock reconciliation and item kitting

 Provision of Just-In-Time ( JIT) inventory and supports the complete cycle of sub-

  contracting

 Management of bar code and efficient tracking of RFID compatibility items
 
Key Benefits
 
 Helps reduce purchase & inventory costs
 Reduces time to market
 Improves customer satisfaction
 Improves order fulfillment
 Optimizes warehouse space
 Decreases inventory write offs & write downs
 Shorter lead times
 Increased visibility into potential supply-demand mismatches

 Provision of item availability check and replenishment techniques improves order

  management and timely delivery

 Batch & picking strategy
 Demand can be forecasted perfectly based on the data and methods available
 
Highlights
 
 Supports unit set UOMs for all materials
 Maintenance of variant items through SKU
 ABC analysis, cycle counting, lot and location control
 Order promising and material reservations
 Inventory planning for seasonal demand
 Shuffling facility for alternate items in all movement types
 Tracks effectively all customer and vendor movements
 Tightly integrated returns management for each material
 Facilitates inter and intra stock transfers
 Tracking of all internal movements within the sub organization
 Automatic upload of material requirement planning from the production module
 Periodic update of the stock levels in the warehouse
 Periodic MIS alerts for danger stock updates
 Cradle to grave tracking of inventory items
 Decreasing the ordering costs by following the EOQ (Economic Order Quantity)
 Bin / location wise stock balance
 Lot splitting and lot merging
 
Key Process
 
 Tracking of entire inventory in the organization
 Deals with raw materials, finished goods and goods-in-transit to warehouse
 Re-order level automated based on ordering

 Production integration is established with inventory based on the issue or receipt

  to manufacturing from inventory

 Transfer of goods based on requests raised by the other branches or warehouse

 

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