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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