Infor10 Financials Business (SunSystems) provides the capability to manage inventory, ensuring full visibility of product, intermediate and raw material items, while also delivering lot and batch control. The Inventory module comprises Inventory Management and Inventory Traceability, with additional options, Costing, delivering Landed Costing and Cost Analysis, and Product Profiles. The solution enables greater control over inventory levels, without forfeiting essential customer service levels.

Item Definition

• Use of item master to provide wide range of associated information for analysis
• Ability to add additional descriptions to item details
• Characteristics recorded against an item can have a range of acceptable values defined
• Multiple prices can be held for each item
• Multiple cost values (including standard, actual and average costs) can be held, using different currencies
• Ability to produce rolled-up standard costs for manufactured items, using standard costs for each item defined in the Bill of Materials
• Employee details can be recorded against an item for selective processing
• Units of measure, their descriptions and conversion calculations can be defined
• Use of rules to allow item codes to be superseded by other item codes
• Definition of resources for attachment to product definition

Movement Management

• Movement entry to record wide range of data on inventory changes
• Bin-to-bin transfer facility, respecting storage characteristics of new location
• Different transfer order types can be defined to provide greater levels of detail
• User-defined forms for transfer orders to suit organizational requirements

Inventory processes

• Automatic or manual inventory allocation facilities
• Range of options for printing movements
• Inventory inquiry to examine actual and projected movements by multiple inventory units
• Availability inquiry for fulfilment of sales and works orders
• Movement inquiry associated with particular references
• Facility to print picking lists and dispatch documents as required
• Confirmation of receipts picked or dispatched, by location, lot and/or serial number
• Goods receipt matching/inspection
• Traceability/batch reporting

Inventory Count/Stock-take Management

• System-generated inventory count (random or full)
• Facility to print sequentially-numbered tickets to assist counting control
• Security-controlled entry of inventory count for discrepancies, approvals and posting
• Ability to clear previously generated inventory counts
• Inquiry function to display inventory count information