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The INDUSTRIOS Inventory module provides you with the tools you need to manage your inventory investment. Integration of the inventory master files with operations modules such as bills of materials, production, purchasing, sales orders, and shipping, ensures the entire company is making decisions based on the same information. Through the use of user-defined tables, inventory can be classified into groupings that make it easy to analyze and verify transactions.
The proper costing of materials enables you to determine the actual cost of your product and how to price it accurately. INDUSTRIOS allows you to decide on a unique cost method for each item, and define it as standard, FIFO, LIFO, and weighted average. The integration with production orders and process plans provides visibility to material costs for raw materials, components, and subassemblies. These costs form the basis for the budgets that are monitored during production.
"Inventory Control Module" is part of the INDUSTRIOS line of products, developed by INDUSTRIOS Software.