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Inventory Control is one of the 5 major processing functions in the ABS Wholesale Distribution System. (The others are Order Entry, Customer Invoicing, Sales Analysis, and Physical Inventory Maintenance.)
Inventory is automatically maintained whenever an order or a receipt is processed. The system can keep track of inventory in up to 999 warehouses or stores.
It also shows quantities in-stock, on order, in-transit, on backorder, reserved, manual reserved, on layaway and more—per warehouse and company wide.
The system also monitors any stock out date and the number of days out of stock, average, standard and last costs, plus period and YTD statistics for quantities sold, average cost and quantities returned to stock or for credit.
Product IDs can be up to 18 characters with 40-character descriptions and multiple UPC codes.
The Physical Inventory Maintenance function keeps track of inventory transfers, receipts, counts and shortages. It also lets you reprice and reclassify inventory quickly and efficiently.
"Inventory Control" is part of the ABS Wholesale Distribution System line of products, developed by ABS--American Business Systems.