ACUMEN Inventory Management - ACUMEN Book

ACUMEN Inventory Management

Acumen Inventory Management

Managing inventory and supply chains is one of the most crucial things publishers must do nowadays to compete in the market. Knowing how many units to produce and the costs associated with that inventory have a significant influence on a company's bottom line. ACUMEN's comprehensive, fully integrated inventory management solution allows you to manage inventories effectively. You can set up as many warehouses as you need to keep track of things at each of your inventory locations. ACUMEN maintains both current and historical inventories.

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Features

Order Processing Facility

Acumen Inventory Management enables you to precisely forecast when you should reprint and how many copies you should reprint by keeping a close eye on order processing and inventory.

Inventory Alerts

The acumen Inventory module tracks Inventory Status and maintains a running inventory balance for order input and reorder Alerts.

Quick Reports

Acumen has a plethora of pre-formatted Quick Reports for the various files in the Inventory Management system. It also includes built-in reports to help with inventory management, tracking, and balancing with your general ledger.

Special Searches

Acumen's Inventory Management module offers a variety of special searches to help you identify records for the various files in the Inventory Management system, making monitoring specific inventory easier.

Inventory Transfer

Using Acumen's Inventory Transfer feature, you can move inventory across warehouses. It supports all three inventory transfer types: transfer out, transfer in, and drop shipment. It also maintains important information about the scheduled inventory transfer from one warehouse to another.

Verify Inventory

Using the Inventory Verification Report tool, you can simply analyze the total worth of the inventory in your warehouse. The Inventory Reports option on the ACUMEN Main Screen Inventory menu refreshes automatically when records change, allowing you to examine the report at any time with a single click.

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Summary

Acumen Inventory Activity records provide a monthly historical overview of recorded Transactions by product and warehouse.

Inventory Transfer

Using Acumen's Inventory Transfer feature, you can move inventory across warehouses. It supports all three inventory transfer types: transfer out, transfer in, and drop shipment. It also maintains important information about the scheduled inventory transfer from one warehouse to another.

Verify Inventory

Using the Inventory Verification Report tool, you can simply analyze the total worth of the inventory in your warehouse. The Inventory Reports option on the ACUMEN Main Screen Inventory menu refreshes automatically when records change, allowing you to examine the report at any time with a single click.

Highlights

  • Maintain inventory at an unlimited number of Warehouses in ACUMEN.
  • Set up a consignment Warehouse in ACUMEN when another company stores inventory you own.
  • Set up a No Sales Allowed Warehouse to hold the product until it is okay to release that product to the public.
  • Create one Physical Inventory record for each warehouse where inventory counts are performed.
  • Create Inventory Transactions to record inventory movement 
  •  Semi-automated creation of Vouchers to “pay” non-Job Transactions from the Inventory Transaction record list.
  • As soon as receiving-type Inventory Transactions are saved Inventory Status is updated so that Back Orders can be processed right away and inventory can be sold through order entry.
  • Create Purchase Orders from the Inv Status record list for specific Inventory Status records marked for reorder.
  • ACUMEN maintains Price History for each product for each month in which Product Price 1 or Price 2 changes.

ACUMEN Inventory management module allows you to centralize and optimize your inventory data across numerous channels.

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