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Inventory Tracking & Control |
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"MMS has provided us total control over our inventory concerns, from purchase order amounts versus current quantity on hand by store to tracking inventory transfers from store to store
Inventory Control
We understand how important inventory tracking and control is to your business. MMS gives you everything you need to be completely informed and up-to-date about your inventory needs. The MMS inventory database classifies items by brand, department, supplier, model, serial number(s), IMEI, and ESN/UPC codes. It also indicates the item quantity, location, margin, desired turnover rate, order lead time, sales rating code, number of items on order and back order, number of items reserved, last order date, date expected, date last received, date of last sale and much more.
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The supplier catalogue cost, most recent cost and weighted average cost, margin, retail price, selling price and zone/contract price is available for each item. In addition, each inventory item can have multiple UPC codes and multiple suppliers. All size, color and serial number information is fully tracked within the system. You can define up to 35 seasonal plans and assign plans to different items, linking inventory levels to a seasonal plan.
An integrated purchase order system automatically generates suggested purchase orders based on parameters you define, and then allows editing before the final purchase order is generated. You can have a number of purchase orders in various states of completion in the system at the same time, and can consolidate orders for the same supplier. When items are received, reserved items and back orders are automatically identified. You can create reports on inventory totals, inventory turns, GMROI, reduced margins, sale analysis, sale history, and many others. A custom report generator allows custom queries and reports from any combination of user-selected fields. With MMS you are in control, allowing you to make confident decisions about your business.
Next Page: Inventory Tracking >
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