The Series 5 Inventory Management system is used to define those products that a company markets to it's customers.  A master inventory record is created for each item and an item-location record is created for each stocking warehouse.  Bill-of-Material products may also be defined from inventory items.  The system provides for formal processing of Inventory Recievings, a Usage Forecasting process, and Physical Count Processing.  The I/M system manages your company's inventory with the following data entry, inquiry and reporting functions:

• Maintains the properties of Inventory Master records
• Maintains Inventory Quantities-On-Hand for multiple Warehouses
• Handle entry of Inventory Receivings and Warehouse Transfers
• Compute forecasted stock usage based on past sales trends
• Provide a formal process for a Physical Count of Inventory
• Maintain and provide Inquiry to a Quantity-on-Hand Audit file
• Generate Stock Status Reports and Purchasing Advice Reports
• Provides Month-End and Year-End processing functions

The Inventory Management system may be used in conjunction with the Series 5 Customer Order Processing system in providing goods for sale to customers.  The Series 5 Purchasing System is also integrated with the Inventory system.