Inventory Management

Identify and track all of your stock item inventory with AssetOptics Inventory Management. Enforce inventory replenishment policies through min/max reorder methods. Effectively manage inventory transactions to support complete management of on hand, available, on order, and replenishment order requirements. Inventory Management is fully integrated to Work Management and Procurement for demand driven replenishment processing.

Features
  • Multi-Site Inventory Management
  • Site Specific Inventory Valuation Methods, Safety Stock Policies, Preferred Supplier and more
  • Work Order Status Driven Commitment Processing with Automatic Purchase Qty Recommendations
  • Full support for Kitting, Manual Issues and Backflushing to Work Orders
  • Multiple Inventory Valuation Methods (Standard, Weighted Average, Last In)
  • Repairable/Rotating Spares Tracking
Benefits
  • Enterprise Wide On Hand Inventory Visibility
  • Reduce Stockouts While Lowering Working Capital Invested in Inventory
  • Effectively Cross Reference and Track “Where Used” via Bills of Materials
  • Reduce Administration Costs
  • Examine Usage History to Effectively Manage Stocking Policies