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Inventory management includes inventory control and the standard reports that accompany it. Inventory control can be maintained at both single and multiple warehouse locations.  Some of the standard reports include:

  • On-hand inventory including quantities and dollar values
  • Descending inventory in total dollar values
  • Non-use inventory
  • Expired inventory
  • Inventory count sheets
  • Inventory variance report
  • A-B-C inventory reports
  • Cycle count control
  • Critical item reports
  • Recommended stockroom items

Inventory relief can be handled using 3 available methods.  All 3 methods can have controls from a fiscal and/or quantity point of view to assist in supply cost control.  Each method relieves inventory and charges the appropriate department for the supplies utilized.

1.  Department “shopping” in which a department “shops” in the stockroom from a customized list.

2.  Remote requisitioning giving departments the ability to request authorized items through an internal network.  Through this method the system will create a pick list for the stockroom.  The system will also automatically create purchase orders for authorized items not in the stockroom.

3.  Automatic lab floor replenishment using proactive materials management in which specified quantities of specified items on the lab floor are kept at the set laboratory supply controls and replenished as required automatically.

All 3 methods can be used on a mix and match basis as required.

The available management information reports available using any or all 3 methods are:

  • Usage by item by department (both quantity and dollar value)
  • Usage by department by item (both quantity and dollar value)
  • Month end department charges
  • Descending dollar values based on usage
  • Recommended re-order points for stockroom items
  • Internal backordering