CorpEssence Inventory Management System has been developed keeping in mind the needs of the present global market. It comes pre-packaged with Product and Item Master Management tools, allows versatility of tracking items by vendor part number, enables management of multiple warehouses and effectively streamlines the pick, pack and ship process. 

The solution also contains a variety of reports that helps you track inventory with respect to several critical factors affecting key inventory decisions.

Functional overview:

1. Product and Item Master Management
2. Track Items by Vendor’s part number
3. Order Fulfillment Processing (partial or full shipments)
4. Receive material against open POs
5. Manage Warehouse (bin) structure
6. Streamlined pick, pack and shipping process

Module integrates with the following functions:

• Order Management
• Purchase Order Systems
• Billing

Ready to use Reports – Inventory Management System

• Items & Stock
• Inventory by Warehouse
• Low Stock Alert
• Items
• Item Categories
• Item Families
• Item Types
• Item Pricing Codes
• Item Pricing Methods
• Item Serial Numbers

• Sales & Profitability
• Item Sales Detail
• Item Sales Summary
• Sales History Detail
• Sales History Summary
• Profitability by Item
• Top 10 Items by Sales
• Top 10 Items by Profit

• Inventory Value
• Valuation Report
• Valuation Report Average
• Valuation Report FIFO
• Valuation Report LIFO