Improve customer service and profitability with real-time access to available inventory, inventory in transit, and inventory costs
The Inventory Management (IN) module helps control system-wide inventory so you can efficiently manage your distribution process without losing track of costs. Receive inventory to a specific location and drill down to change item default lot/serial numbers, valuation methods, accounts, and more.
Key Features of Inventory Management
- Inventory replenishment suggestions – Improve your cash flow and avoid over-/under-stocking with recommendations based on historical sales data analysis.
- Multiple warehouses – Manage multiple warehouses with location specific quantities, allocations, and costs. Specific access rights for each warehouse to determine who can access information and enter transactions.
- Multiple valuation methods – Value inventory using standard cost, moving average, FIFO, and item-specific methods. Select a different valuation method for each inventory item.
- Inventory subitems – Assign sub-categories so you can track inventory characteristics such as size, color, and style. Associate separate quantity information with each subitem. View reports with detailed segment information and aggregated totals.
Learn more with this Acumatica Inventory Management Management Data Sheet
Secure Access From Anywhere
View, modify, and analyze inventory from any popular web-browser. Restrict access to inventory by item or warehouse.
Improve Customer Satisfaction
Honor contracts and fulfill orders as promised with real-time access to inventory levels and customer specific pricing.
Accurately Manage Costs
Help accurately track costs of goods sold as well as inventory holding costs by selecting a different valuation method for each inventory item. Create GL entries from inventory transactions.
Faster Data Entry, Fewer Errors
Save time entering data with inventory sub-items and flexible screen layouts. Reduce errors by setting default accounts, subaccounts, valuation methods, lot and serial numbers, storage locations, and sub-item values.
Accelerate Decision Making
Improve vendor payment decisions by using drill down reports and dashboards to gain access to past information and provide insights into future needs.