Advanced stock management
This option in the Stock module provides system support for managing the company’s advanced stock management.
The advanced stock management option with putaway rules helps you choose where to place the new parts in the warehouse. Whether you have purchased or manufactured the parts, the putaway rules will help you to find the best place to store them. You can easily manage locations and assign permitted maximum weights, as well as minimum and maximum volumes, and create putaway strategies for how the parts will be stored depending on volume, size, and weight on the packaging. This ensures your stock will be highly optimized and efficient, thanks to Monitor ERP.
The advanced stock management system ensures that you get a suggested location for the stock transaction. Stock transactions include arrival from purchasing, moving of stock balance and stock reporting from the manufacturing procedures.
The Advanced stock management system allows you to register locations and it provides extra system support. Some of the features supported in this Advanced stock management system are:
- An overview of the total number of available locations.
- An overview of vacant and occupied locations.
- An stock analysis that shows the number of locations that are required.
- Vacant locations are suggested for arrivals when you receive arrivals to stock.
- More efficient picking, for example for deliveries.
