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Inventory Management
Improve customer service and profitability with real-time access to available inventory, inventory in transit, and inventory costs with inventory management from Axanta.
What’s in your warehouse? Axanta gives you a real-time view of your inventory and allows you to segment inventory by department, division, category, sub-category, define flexible valuation methods, identify out-of-date inventory, know your current inventory availability across multiple warehouses, set replenishment reorder points and associate purchase orders with preferred vendors for each item.
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Accurate Costs
Accurately track costs of goods sold and inventory holding costs. Select a different valuation method for each inventory item. Create GL entries directly from inventory transactions.
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Multiple Warehouse
Manage multiple warehouses with location-specific inventory quantities, and allocations. Replenish inventory from a central warehouse to other warehouses automatically upon receipt.
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Multiple Valuation
Use standard cost, moving average, FIFO, and item-specific methods. Select a different valuation method for each inventory item. Make direct adjustments to cost and physical inventory count using reports and inquiry screens.
Key Inventory Management Functions
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Multiple Location
Manage multiple location inventory quantities and allocations. Redistribute inventory from a central warehouse to other warehouses. Assign location specific rights to restrict users perform action respectively.
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Multiple Valuation Methods
Use standard cost, moving average, FIFO, and item specific methods. Select a different valuation method for each inventory item. Make direct adjustments to cost and physical inventory count using report and inquiry screens.
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Lot and Serial Numbering
Track inventory by lot or serial number. Assign or enter lot/serial numbers on receive, issue, or production. Associate item-specific valuation methods to serial numbers to track specific costs.
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Two-Step Transfers
Inventory transfers are performed in two steps so you can track goods in transit between locations.
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Inventory Bin/Location Control
Stock can optionally be assigned to a bin for easy location when picking or packing. At any stage there is visibility into the quantity of stock at each bin location.
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Purchase Order Automation
Automatically generate purchase orders based on stock level and replenishment algorithms. Orders go to the vendor with the best price and delivery time.
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Inventory Replenishment
Get an inventory replenishment report to see all items with an inventory count below your defined threshold. You can choose to manually order inventory or create bulk imports.
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Matrix Products
Configure your products with sizes, colors matrix. Apply other dimension i.e. brand, category, countries, division, department, groups etc.
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Reports
Comprehensive audit trails for all transactions. Detailed inventory summary and movement and aging reports with flexible run-time options.
Why Choose Axanta?
In a fast moving technological world, it is really important to have a system in place that streamlines your business processes. With Axanta you can:
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- Manage Everything in one Central Platform.
- Monitor stock levels within your online and physical stores and trigger alerts when appropriate.
- View and Fulfil Orders Easily without Hassle.
- Save time, Eliminate Duplication and Increase Efficiency.
- Generate Custom Reports to Foster Superior Business Decisions.
50+
HAPPY CLIENTS
100+
POS INSTALLED
500+
USER COUNT
3DAYS
SET UP
Detailed Features
- Product master with all possible dimensions.
- Serialized products.
- Costing methods Moving Average, Lifo and Fifo.
- Product types i.e. Stockable, Service and BOM.
- Multiple barcodes per product.
- Multiple unit of measures.
- Auto production (auto-create production journal upon sales).
- Multiple Locations and bin locations.
- Stock counting (allows back-dated counting).
- Stock adjustments.
- Stock picking (Picking strategy supported are Fifo, Lifo and Fefo (First expiry first out)
- Stock receiving.
- Inventory workflow setup.
- Stock transfer from one location to other.
- Cost adjustment journal.
- Transaction specific cost correction.
- Stock reordering journal.
- Operation's dashboard.
- Managerial Dashboard.
- Detailed stock on hand report.
- Stock Movement Report.
- Stock Summary Report.
- Stock Aging Report.
- Stock Coverage Report.
- Stock Reorder Report.
- Stock expired and new expiry report.
- BOM Report.
- Cost price variation report.
- Cost price variation report
- Stock Forecast Report.
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Minimize Cost & Maximize Profits with Axanta
Axanta's cost-effective and easy to implement solution centralizes and automates the entire operations into one single platform leading to complete customer satisfaction & High Returns on Investment.
Wondering if Axanta would be the right solution for your business? Schedule a demo today and see what Axanta can do for your business.
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