Inventory Control is an on-line, interactive inventory management system designed to provide cost-effective methods for maintaining, replenishing, and controlling supplies and inventory.  BOSSgold, in support of its inventory management module, provides the user with not only a catalog of valid items, but also the ability to control and locate these items in multiple plants and warehouses.  The Inventory Control module efficiently processes all the transactions that affect materials, and on-line inquiry provides instant access to the availability and location of stock.  BOSSgold IC performs valuable calculations such as determination of low order point and economic order quantities and conveys the results in timely printed reports.

Major features of BOSSgold Inventory Control include the following:

• On-line input for issues, returns, receipts, and transfers
• Low order point calculation Economic order quantity determination based on either usage history or demand forecasts
• Multiple warehouse/multiple bin capability
• Lot and serial number identification
• Adjustments to reconcile actual vs. recorded counts
• Component tracking/bill of materials
• Calculation of average usage
• Usage history over multiple fiscal periods and years
• ABC classifications for weighting each stocked item by dollar volume moved through inventory
• Bin labels and physical count worksheets
• Average or standard cost accounting
• On-line inquiry for stock locations and availability
• Inventory movement and evaluation reports