PROFIT-IV DISTRIBUTION

PROFIT-IV Distribution Benefits

  • On-line sales order entry checks the inventory availability and places demand as entered.
  • Automatic back order creation and tracking.
  • Create packing lists, packing slips and shipping labels on demand.
  • Issue quotes without placing demand on inventory. Convert quotes to a sales order when the quote is approved.
An integrated sales management and inventory control system:
  • Tie non-stock/temporary inventory requirements directly to a purchase order.
  • Automatic pricing by customer contract, quantity price breaks, cost-plus, list-minus or combination.
  • Automatic tracking of sales tax, sales commissions, inventory levels and integration to billing.
  • Order booking register may be run on demand to review in detail and summary all sales activity.
  • Order backlog provides information on demand for scheduling purchases and work loads.
  • Credit checking is automatic.
  • Sales analysis provides history of sales transactions and forecasts demand.
  • Create and track counter sales and customer information as well as accept major credit cards.
  • Real time update of on-hand, on-order and committed allows immediate access to the inventory.
  • Automated maintenance of average cost.
  • Reporting of average, LIFO or FIFO inventory evaluation.
  • Full physical and cycle counting to support annual or periodic inventory on-hand updates.
  • Immediate updates mean accurate inventory availability can be provided to fulfill customer demand.
  • Purchasing allows back order tracking.
  • Purchasing allows vendor performance for improved inventory availability and costs.
  • ABC analysis supports improved inventory performance and purchasing techniques.
  • Multiple warehousing helps identify available inventory and ship from available stock.
  • Report slow-moving (or obsolete), overstock or out-of-stock conditions on demand.
  • Produce accurate and timely reports for making critical management decisions.

PROFIT-IV Sales Management

Sales Orders

Feature Function
Order Entry Enter customer sales orders and quotes. Windowing functions allow for finding customer by number, name, search name, telephone, salesman or zip code; and for finding inventory by number, description or search description. Function key entry allows for quick window access to receivable information and payment history of customer; and for access to open sales, purchase order and work order transactions affecting required inventory. Quotes may be entered and printed for issue to customer, with no demand placed against inventory. An open quote report allows managers to track open quotes by due date for sales follow-up. The quote can then be converted to a sales order. In addition, message lines may be entered and printed with quote or sales order acknowledgment.
Order Printing Orders may be printed one at a time or retained for batch printing. Stock paper or preprinted forms may be used.
Order Booking Register Provides on-demand report in detail of all orders booked since last report run. Summary provides total dollars booked.
Open Order Report Provides on-demand report of all open orders not shipped or on back order. Provides sales order information as well as open purchase orders scheduled for inventory item.
Order Maintenance and Inquiry Information on a sales order may be changed, line items added or deleted, or memo lines added or deleted. Inventory will automatically be updated and the order may be reprinted.
Back Order Printing Provides list of any orders with order lines not shipped complete.
Unshipped Inventory Report Provides list of all back orders and open sales orders in inventory number sequence with sales order as well as purchase order information.
Order Backlog Report Provides list of ordered but unshipped parts in date wanted sequence with sales order as well as purchase order information.

 

Sales Analysis

Feature Function
Sales Analysis Weekly Update Sales data from invoicing updates sales history files for further standard or user generated reports.
Customer Analysis Register and Update Report in customer number sequence with customer information, month- and year-to-date sales by inventory number, and sales variance percentage.
Inventory Analysis Register and Update Report in inventory number sequence with inventory information and movement analysis for any inventory showing activity within last 18 months.
Inquire/Print Sales Data Display of monthly sales activity by inventory number sequence for last 12 months.
Salesman Commission Register and Update Monthly report by salesman showing invoice information, gross profit and commission earned, with quarter and year-to-date totals.


PROFIT-IV Inventory Management

Inventory Maintenance

Feature Function
Inventory Master File Maintenance Enter, correct and delete inventory data.
Month- and Year-end Processing Update accumulated data fields.
Issues and Receipts Increase or decrease on-hand inventory quantities. Provides audit trail register with reason for change.

 

Inventory Cycle Count

Feature Function
Select Parts for Count Selects parts for counting by count code. Count codes indicate monthly, quarterly or annual counts.
Print Count Sheets Prints hardcopy for recording counts.
Input Cycle Counts Input quantities counted.
Maintain Counts Print and correct counts entered.
Print Count Register Reports variance between actual count and inventory on-hand amount.
Inventory Update Changes on-hand count with actual count and updates cycle count date.

 

Inventory Physical Count

Feature Function
Print Inventory Tags Assign tag numbers and print count sheets.
Tag Input Enter count by tag number and part number. Multiple tags per part allowed.
Maintain Counts Print and correct entered.
Print Count Register Reports variance between actual and inventory on-hand amount and indicates missing tags.
Inventory Update Changes on-hand count with actual count and updates count data.

 

Purchase Order Processing

Feature Function
Order Entry On-line entry maintains order numbers, validates vendor number (lookup available), part number (lookup available), pricing (by part, vendor and quantity break) and automatically extends and totals. Issues warning if minimum dollars or quantity required by vendor. Info Center features allows window view of inventory demand and supply transactions pending. On order is updated at entry time.
Order Print Single or batch print of entered purchase orders on stock paper or preprinted forms.
Order Register Register provides purchase order information and summary data.
Order Receiving As shipment is received, purchase order is retrieved and quantity received is entered. Conversion of purchase unit of measure is how inventory is stored is automatic and cost per unit is calculated accordingly. Orders may be accepted as complete or back orders may be created by line item. On hand and on order quantities are updated as well as average and last received cost.
Receiving Register All receipts are recorded and printed as an audit trail. New average cost is printed. Any demand transactions for this inventory will be shown for matching to requirements.
Order Maintenance Open purchase orders may be changed, detailed lines added, changed or deleted and may be reprinted.
Vendor Master File Maintenance Vendors may be added, deleted or information changed.
Part/Vendor File Maintenance A relationship is maintained for cross referencing part number to the number used by the vendor. Also maintained is quantity price breaks and unit conversions of measure. A part may be purchased from multiple vendors.

 

Inventory Average Costing

Feature Function
Average Cost Maintenance Average cost and last actual cost may be updated to reflect cost difference/change from time of inventory receipt to actual invoice cost. A cost register is printed to provide an audit trail.


Multiple Warehouse Inventory

Feature Function
Description File Maintenance Enter, delete or change information for each warehouse.
Inventory File Maintenance Enter, delete or change inventory master data by warehouse.
Transfer Enter and track inventory movement/transfers between warehouses.