Inventory Management

Optimal stock control and inventory management is essential for your business to be successful. Too high stock levels can be fatal for your business as it is capital, which could be used in other places to finance the daily activities. Microsoft Dynamics NAV provides, beside the traditional models of stock management also the possibility to keep an order linked stock: stock needed for an individual order is purchased in the exact quantity right before it is required, in order to anticipate long lead times. Market and production planning make it possible to anticipate demand on a long term, even if the demand side is influenced by seasonal variations.

For companies that must comply with the mandatory delivery of documentation at specific times or that are dealing with maintenance and service requirements for delivered products, Microsoft Dynamics NAV provides a functionality for series numbering and batch monitoring. Furthermore, also the planning and drawing up the inventory becomes much easier. The inventory module of iFacto Distri+ offers:

• Clear article screen with all the relevant information (availability, prices, discounts, history, ...)
• Physical and available stock
• Various valuation methods (FIFO, LIFO, average, solid, ...)
• Cycle counting
• Revaluation features
• Monitoring warrants and returnable articles
• Assembly function (parts list)
• Unlimited text extensions per article