M1 Inventory management will provide better stock control capabilities.
M1 Inventory management provides the mechanism to control your raw materials, finished goods and sub assemblies. Extensive master file information allows detailed recording of the part’s description and properties. Integration with Order Management, Job Management and Purchasing Management ensures accurate stock records through automatic allocations, stock receipts and issues. Obtain accurate stock valuations when you need them.
Rapid Master File Entry Create master files on the fly. Access to all master files relating to parts during part/method entry allows you to add new files without exiting the current function. Short-cuts to these files saves you valuable time during data entry.
Part Master File Provision of a 30 character alpha-numeric part ID and unlimited description allows for more meaningful identification of your parts. Assign product groups and inventory classes to parts for improved reporting.
Costing Methods Track standard, average and last costs for all parts.
Issue to Jobs Materials can be purchased directly to the job, backflushed, issued individually or issued on a mass scale.
Conversion Factor Maintain different inventory and purchasing units of measure by using the conversion factor.
Method of Manufacturing Quickly and accurately create a method of manufacture for any manufactured part. Include assemblies, raw materials, operations and subcontract operations.
Physical Inventory M1 allows you to carryout cycle counting and a complete step-by-step checklist is also available for stock takes. Produce count sheets and variance reports for your ABC or classes of inventory when required.
