RFS Inventory Control Printer Friendly Version

RFS Inventory Control (I/C) provides complete control over inventory levels and movement. RFS I/C optimizes your ability to mange your inventory investment by providing access to product usage, current balances and histories.

RFS I/C allows constant and consistent monitoring of all inventory movement. Automatic replenishment provides the basis for intelligent sales and purchasing decisions, based on sophisticated criteria including minimum levels and economic order quantities.

Automatic Reordering

Using RFS I/C's auto-replenishment feature, you can set-up a minimum quantity for each product, enabling RFS I/C to create purchase orders. Reducing inventories, increasing fill rates, and cutting cycle times can dramatically improve business efficiency. In addition, order quantities (minimum and maximums) can be adjusted according to seasonal market demand and cyclical trends with sales.

Valuation Methods

RFS I/C supports LIFO, FIFO, and Weighted Average Cost valuation methods. At any time, you can generate reports that provide the current value of your company's inventory. Posting methods can accommodate either periodic or perpetual posting of inventory to the general ledger.

Inventory Availability

Real-time inventory availability is accessible by product or warehouse. You can also view transaction details such as transfers, adjustments, balance information, and shipments. In addition, outstanding purchase orders and sales backlog can be viewed by product.

Physical Inventory Counts

Cycle counting can be performed in specific sections of a warehouse by taking "snapshots" of specified inventory at a given time, and then making any necessary adjustments to inventory without shutting down the entire warehouse. You can also correct any discrepancies that may arise between inventory counts.

Multi-company, multi-warehouse
Multiple product costing methods
Reserving inventory
Status reports to track inventory items, usage history, and inventory value
Ability to locate products quickly on a purchase order at time of receipt
User-defined and default locations for inventory stocking
Unit conversion (both standard and non-standard types of conversions) between sales orders, purchase orders, and movement of products
Bar-code support allows for efficient, accurate receiving, adjusting, and counting of inventory
Ability to control inventory on hold

Skylight Systems, Inc.

141 Greenwood Avenue

Wyncote, PA 19095

(215) 576-1001

(800) 291-7100

Fax: (215) 576-1827

Email: skylight@skylightsystems.com