BOS INVENTORY MANAGEMENT FEATURES AND BENEFITS
BOS offers a comprehensive suite of Inventory Management tools designed to streamline inventory processes and optimise stock control.
Key features include multi-warehouse and multi-location management, with the ability to link multiple units to each item. Inventory costs are adjusted with landing costs and updated using the weighted average costing method. Additional features include MRP and replenishment capabilities, batch and serial number tracking, reorder points, and barcode scanning for efficient stock movements. These robust tools enhance efficiency, accuracy, and inventory control, simplifying stock management and supporting business growth.
Discover how these cutting-edge solutions can transform inventory management in your organisation.
BOS INVENTORY MANAGEMENT FEATURES AND BENEFITS
BOS offers a comprehensive suite of Inventory Management tools designed to streamline inventory processes and optimise stock control.
Key features include multi-warehouse and multi-location management, with the ability to link multiple units to each item. Inventory costs are adjusted with landing costs and updated using the weighted average costing method. Additional features include MRP and replenishment capabilities, batch and serial number tracking, reorder points, and barcode scanning for efficient stock movements. These robust tools enhance efficiency, accuracy, and inventory control, simplifying stock management and supporting business growth.
Discover how these cutting-edge solutions can transform inventory management in your organisation.
General
Landing Costs - Accurately allocates landing costs to inventory items, ensuring precise inventory valuation and cost management.
Multiple Units - Allows tracking of inventory items in different units of measurement, providing flexibility and accuracy in stock management.
Multiple Locations & Warehouse - Manages inventory across various locations, including internal, customer, and supplier sites, centralising control and improving stock distribution.
Bin Management - Organises inventory within warehouses using bins, enhancing storage efficiency and retrieval speed.
Stock Checks with Approvals - Facilitates regular inventory audits with approval workflows, ensuring accuracy and accountability in stock levels.
Batch Tracking - Tracks inventory by batches, ensuring traceability and compliance with quality standards.
Serial Number Tracking - Manages inventory items with unique serial numbers, improving traceability and warranty management.
MRP & Replenishment - Material Requirements Planning optimises inventory levels and ensures timely replenishment, supporting production efficiency.
Automatic Cost Updates - Uses weighted average costing to automatically update inventory costs, maintaining accurate financial records.
Stock Adjustment Mode - Allows on-the-fly stock adjustments directly from the Items Dashboard, enhancing flexibility and responsiveness.
Periodic Inventory Accounting - Supports periodic inventory accounting, ensuring accurate financial reporting and compliance.
Inventory Price Manager - Manages inventory pricing, allowing for adjustments and updates to maintain competitive pricing strategies.
Checklists & Approvals - Provides checklists for inventory items and transactions, ensuring proper handling and processing.
Work In Progress Management - Manages work-in-progress inventory, supporting accurate tracking and project management.
Inventory Transactions - Records various inventory transactions, including goods issues, returns, receipts, and transfers, ensuring comprehensive tracking of stock movements.
Reports and Dashboards
Multiple Inventory Reports - Generates detailed reports on inventory movements, stock levels, ageing, replenishment, over/under stock, serial number, batch tracking, and pricing, providing comprehensive insights into inventory status.
Interactive Reports and Dashboards - Offers drill-down, sorting, grouping, and filtering features in reports, facilitating in-depth analysis and data exploration.
Comparative Views - Provides side-by-side comparisons of inventory data, enhancing decision-making and trend analysis.
Customisable Output - Offers customisable report outputs in multiple formats, meeting specific reporting requirements and enhancing flexibility.
General
Landing Costs - Accurately allocates landing costs to inventory items, ensuring precise inventory valuation and cost management.
Multiple Units - Allows tracking of inventory items in different units of measurement, providing flexibility and accuracy in stock management.
Multiple Locations & Warehouse - Manages inventory across various locations, including internal, customer, and supplier sites, centralising control and improving stock distribution.
Bin Management - Organises inventory within warehouses using bins, enhancing storage efficiency and retrieval speed.
Stock Checks with Approvals - Facilitates regular inventory audits with approval workflows, ensuring accuracy and accountability in stock levels.
Batch Tracking - Tracks inventory by batches, ensuring traceability and compliance with quality standards.
Serial Number Tracking - Manages inventory items with unique serial numbers, improving traceability and warranty management.
MRP & Replenishment - Material Requirements Planning optimises inventory levels and ensures timely replenishment, supporting production efficiency.
Automatic Cost Updates - Uses weighted average costing to automatically update inventory costs, maintaining accurate financial records.
Stock Adjustment Mode - Allows on-the-fly stock adjustments directly from the Items Dashboard, enhancing flexibility and responsiveness.
Periodic Inventory Accounting - Supports periodic inventory accounting, ensuring accurate financial reporting and compliance.
Inventory Price Manager - Manages inventory pricing, allowing for adjustments and updates to maintain competitive pricing strategies.
Checklists & Approvals - Provides checklists for inventory items and transactions, ensuring proper handling and processing.
Work In Progress Management - Manages work-in-progress inventory, supporting accurate tracking and project management.
Inventory Transactions - Records various inventory transactions, including goods issues, returns, receipts, and transfers, ensuring comprehensive tracking of stock movements.
Reports and Dashboards
Multiple Inventory Reports - Generates detailed reports on inventory movements, stock levels, ageing, replenishment, over/under stock, serial number, batch tracking, and pricing, providing comprehensive insights into inventory status.
Interactive Reports and Dashboards - Offers drill-down, sorting, grouping, and filtering features in reports, facilitating in-depth analysis and data exploration.
Comparative Views - Provides side-by-side comparisons of inventory data, enhancing decision-making and trend analysis.
Customisable Output - Offers customisable report outputs in multiple formats, meeting specific reporting requirements and enhancing flexibility.
