INVENTORY

Finding products, in the perfect place, precisely when you need them.

Optimize Inventory
Increase Profitability

Take the guesswork out of managing your inventory and optimize your stock levels

Real-time, detailed visibility into inventory control and supply chain management.

Manage your inventory across multiple warehouses that may also be associated with multiple companies.

Key Features:

Create as many warehouses as you require and associate them with your company(ies) or with a supplier
Easily create and track transfers of inventory between warehouses.
Preconfigure your warehousing costs for each warehouse to be added to unit, weight, container, pallet, shipment, custom types, and more.
Complete inventory level visibility on orders to allocate inventory from any warehouse.
Serial number and lot number tracking
Full visibility of inventory currently on order, in transit or in each real or virtual warehouse.
Complete history of all the changes, adjustments, and movements of all inventory items.

Multi-Warehouse Inventory Control

Easily track lot numbers, serial numbers, expiry dates, and more, across multiple warehouses

Create and manage your inventory levels and purchase orders across multiple suppliers and currencies.

Key Features:

Supplier profiles contain all the information needed to create complex purchase orders such as payment terms, shipping terms, internal notes, and pre-formatted instructions.
Multiple suppliers can be configured for each product to for example, order from preferred suppliers, or those with stock.
Multiple currencies to buy, store, and sell inventory with automatic currency conversions.
Options ordered with products remain linked in inventory.
Serial/lot-controlled products are validated for serial & lot numbers when shipped from your supplier.
Set min/max inventory levels manage re-order points and lead times.

Purchasing for Inventory

Create and manage inventory levels and purchasing

Allocate inventory to opportunities and sales orders, to optimize order processing and never run out of stock.

Key Features:

Allocate products to opportunities and sales orders.
Products allocated can be on purchase orders, in transit, or in a warehouse.
Reserve serial numbers and/or lot numbers in shipments
Manage allocations using the inventory report and track each product through the order process.

Opportunities & Sales Orders

Efficiently allocate inventory to opportunities and sales orders

Keep track of every inventory change and movement while having the flexibility to create transfers and adjustments.

Key Features:

Transfer your inventory between warehouses
A clear history displays all changes, adjustments, and transfers for each product.
Synchronize with physical counts by making manual adjustments.
Repack function to change your product packing configuration.

Transfers, Adjustments, & Repack

Effortlessly create and monitor inventory transfers and adjustments

Create and manage your inventory levels and purchase orders across multiple suppliers and currencies.

Key Features:

Supplier profiles contain all the information needed to create complex purchase orders such as payment terms, shipping terms, internal notes, and pre-formatted instructions.
Multiple suppliers can be configured for each product to for example, order from preferred suppliers, or those with stock.
Multiple currencies to buy, store, and sell inventory with automatic currency conversions.
Options ordered with products remain linked in inventory.
Serial/lot-controlled products are validated for serial & lot numbers when shipped from your supplier.
Set min/max inventory levels manage re-order points and lead times.

Costs are a very integral part of your business and affect your bottom line. NEX provides you with a clear picture of how every dollar is spent.

Key Features:

Preconfigure your warehousing costs for each warehouse to be added to unit, weight, container, pallet, shipment, custom types, and more.
Complete cost history from purchase order plus all additional costs added afterwards (shipping, warehouse, adjustments, etc.)
Recurring warehouse costs are added automatically every period as per your configuration
Product cost displays all entries related to cost including receiving, shipping, and storage to give you a clear picture on what is most impacting your bottom line.

Costs

Managing your warehouse and inventory product costs made easy

Real-time visibility into inventory levels allowing you to make informed decisions about purchasing, restocking, and managing your stock.

Key Features:

Track inventory levels, monitor sales trends, and identify slow-moving products.
Full visibility of inventory that is currently allocated to an order, in transit, or in a real or virtual warehouse.
Track inventory by lot #, serial #, purchase order, product, cost, warehouse, and much more.
Complete traceability and history of all changes, adjustments, and all movements from purchase to shipping.
Manage inventory levels in each warehouse
Know exactly what you have on hand and where, to avoid overstocking and reduce the costs associated with excess inventory
Financial report designed to obtain inventory levels and cost for any date.

Reporting

Track your inventory in real-time to meet demands, increase sales, optimize stock levels, and improve your bottom line.

Automate inventory management in a single platform
Take the guesswork out of managing your inventory; track inventory in real-time and make informed decisions about what to order and when
Forecast future demand and ensure that you have the right amount of stock on hand to meet your customers' needs.
Valuable insights into which products are selling well and which ones aren't, allowing you to make data-driven decisions

Are you ready to take your inventory management to the next level? Contact us now to start seeing the benefits of optimized stock levels, reduced costs, and improving your bottom line.