Item Administration
Explore Multiple Ways to Classify and Group Items in Your Inventory.
EtomPlan Inventory Management enables you to perform Item Management in the most elaborate and thorough manner for easy tagging, classification and analysis of each inventory item. You can classify items, support multiple units-of-measure for an item, control the source or usage of an item, set up a valuation method, identify standard supplier, define planning type, allocation, costing and substitutes for an item, configure multiple BOMs, and define exhaustive specifications for Purchase. You can also group the items for effective analysis.
- Define and classify items in the most elaborate manner for easy planning and allocation.
- Group items under different categories for effective analysis and control.
- Achieve end-to-end real time visibility.
Warehouse management
For Smart Management of Supply Chain.
EtomPlan Inventory Management defines more than 40 movement codes for various transactions such as receipt, issue and transfer and includes company owned and consignment stock types. Each of these movement codes define the impact on the Qty Stock of the warehouse and campus as well as the valuated stock of the campus. Further, it can also manage company owned inventory located at customer or vendor premises. The movement code system ensures great flexibility while minimizing data entry. The application helps you in executing warehouse operations in a smooth manner by ensuring activities like stock status conversion, stock transfers, creation of opening balances, stock inquiries at BU, determining stocking point, warehouse levels, inquiry of attribute for item information and safety stocks.
- Coordinate the movement of goods, in and out of the organization warehouse(s).
- Ensure speed and visibility across the supply chain within the organization.
- Ensure the necessary access controls in your storage locations.
- Trace and track Inventory, effectively.
Inventory Planning
Ensure Lean, Yet, Perfectly Adequate Inventory Levels.
EtomPlan Inventory Planning enables your inventory manager to effectively accomplish master production schedule (MPS), material requirements planning (MRP), reorder-level planning and min-max level planning. System can maintain reservations for each Production Lot for any item master. Reservations are automatically posted when an inventory transaction is made. Further, manual reservations can be applied or removed by the planner.
- Assess current and future inventory-related requirements, effectively.
- Ensure availability of the right levels of inventory while keeping an eye on the required stock quantity for replenishment.
- Quantify inventory carrying costs and make informed decisions on inventory ramp ups and downs.
Quality management
Keep Vigil on the Quality of Your Inventory Items.
EtomPlan provides for a seamless integration of Quality Management with Sales and Purchase, Inventory Management and Production Management. In the inventory management module, all receipt is moved to “Under Quality Inspection” area. After performing inspections as per the defined plans, a new transfer voucher is passed to transfer the material to “Unrestricted” or “Restricted” area. Follow up actions like notification to vendor via “Material Rejection Note” and/or return or rectification of materials can then be performed. The accounts module provides full visibility over the rejections in a particular invoice to facilitate proper vendor handling.
- Define quality parameters and observe strict quality control regimen on every new addition in your inventory.
- Ensure customer delight by delivering as per quality promised.
- Reduce shop floor rejections and reworks.
Physical Inventory & Cycle Counting
Get an Accurate View of the Inventory.
The EtomPlan Physical Inventory & Cycle Counting helps you enshrine PICC as a best practice. The corrections in stock can be handled by stock adjustment and stock revaluation.
- Map and validate physical and system recorded inventory levels.
- Easily and efficiently record data related to stock variance and make required adjustments for generating an accurate view of the inventory levels.
Engineered-to-Order Items
Manage ETO Items seamlessly
ETO Items are items whose characteristics change with each customer order. Traditional means is to define a separate item master for each new variant. EtomPlan Inventory allows to maintain separate characteristics and inventory of such items using one item master.
- Define ETO Items under one item master and separate characteristics for each customer order.
- Easily and efficiently manage inventory separately for different variants
Inventory Analysis
Ensure Your Warehouses Are Stocked Right.
Proper inventory analysis is essential to ensure that your company has sufficient inventory in hand - to meet the needs of both your customers and your operations, yet not locking up resources and money by over-stocking. EtomPlan Inventory Management enables you to maintain optimum inventory levels by various inventory analysis methods and reports.
- Analyze inventory level requirements scientifically through multiple inventory analysis methods.
- Save money and improve service levels by maintaining the right inventory levels for current and immediate future needs of the organization.
