Inventory Module
The MMS Inventory module, in conjunction with the Materials Management System solution, keeps a perpetual inventory so that you have a current accounting of items in stock and items that need to be reordered. Allows you to identify dead stock quickly and reduce inventory carrying costs. Automatic ordering replenishes items based on schedules and/or par levels.
The MMS Inventory module also provides general ledger updates of all transactions as well as Economic Order Quantity (EOQ) based on inventory usage. An online review of suggested stock replenishment keeps staff updated round-the-clock.
MMS Inventory Module benefits include:
- Increased efficiency
- Reduced inventory costs
- Increased profitability