Materials & Warehouse / Inventory Management
Materials, serial/lot, cost allocation, warehouses, goods receipt, e-waybills and stock counts.
Solution by business need
Inventory, warehouse and operations
Accurate operational data matters at every step, from inventory cards to warehouse transfers and from production work orders to the distribution of import costs. The modules in the Operations Management section keep these processes on the same platform as finance and accounting.
Who it is for: Operations, warehouse, production and foreign trade teams
From challenge to solution
Typical challenges and the modules and features Factorbooks uses to address them.
Challenge
System inventory does not match warehouse inventory.
Factorbooks approach
Stock movements, stock counts and (from the Small Business package onward) warehouse transfers and goods receipt.
Benefit
The source of inventory differences is tracked movement by movement.
Challenge
Production cost is unknown.
Factorbooks approach
From the Large Business package onward, bills of materials, work orders and production costing.
Benefit
Product cost is calculated from the bill of materials and work order.
Challenge
Import costs cannot be distributed to product cost.
Factorbooks approach
Cost distribution / customs clearance costing in Foreign Trade Management (an add-on in ERP, included in ABM).
Benefit
The cost of imported products is visible together with their expenses.
Featured capabilities
- Material Serial / Lot ManagementMaterials & Warehouse / Inventory Management · Included from Small Business
- Stock ReservationsMaterials & Warehouse / Inventory Management · Included from Small Business
- Inventory Cost AnalysisMaterials & Warehouse / Inventory Management · Included from Small Business
- Production PlanningProduction Management · Included from Large Business
- Production CostingProduction Management · Included from Large Business
- Cost Allocation / Import NationalizationForeign Trade Management · Included in ABM packages; add-on in ERP from Micro Business
Related modules
Production Management
Production planning, bills of materials, work orders, costing and production performance.
Project Management
Project-based sales, purchasing, collections, payments, advances, budget and guarantees.
Asset Management
Fixed assets, minor fixed assets, rights, rented assets and depreciation.
Foreign Trade Management
Export and import files, letters of credit, cost allocation and Exim loans.
Other solutions
Financial visibility and cash flow
Bring bank, cash, current accounts, loans and cheques/promissory notes together in one place; see your forecast cash flow in advance.
Sales and customer processes
Connect the sales process from lead to quotation, and from order to invoice and shipment.
Purchasing and procurement processes
Keep purchasing under control from purchase request to quotation evaluation, and from order to goods receipt.
See Factorbooks with your own processes
In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.