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Inventory Management

NDS Inventory includes the Inventory Management, Lot & Serial Control, Physical Inventory, and Cycle Counting applications. Detailed transaction history is maintained for each item, along with automatic summary data for each fiscal period.

Inventory Management

Inventory Management

Inventory Management is the core of the manufacturing and distribution components of the system. It is fully integrated with the other applications, meaning that any transaction which touches inventory creates on-line updates in the inventory master and stock status records.

Inventory Management provides the complete tracking of sales and usage history, as well as on-screen-perpetual history reporting of all transactions tracking. The maintenance of item master data is divided into separate areas providing flexibility in its creation and access. It has been carefully structured so that engineering, sales, planning and costing data may be separately controlled.

Inventory Management

Lot & Serial Control

This includes full lot and serial control with cradle to grave tracking. Automatic lot/serial number can be generated by several algorithms. Inventory items and locations may be designated as optionally controlled so that serial number tracking can be deferred to the point of use, so that bulk inventory can be aggregated. Expiration dates can be tracked, along with an unlimited number of user-defined lot attributes. Lot costs may be actual cost by lot with deferred cost assignment.

Physical Inventory

Physical Inventory allows the user to perform a traditional 'close the plant and do the count' full physical count of stores and in process inventory. Comprehensive reporting on missing tags, and valuation differences help to insure an accurate count.

Cycle Counting

The Cycle count process includes a powerful ABC analysis tool with more than 20 different calculations. The use of inventory worksheets or tags is supported. Cycle counts can be generated based on item groupings, bin location groups or ranges, ABC classification, due date and many other criteria. Deviation reports by quantity or value provide quick analysis of count accuracy.