Inventory tracking is the fundamental process within an organization. Good and efficient inventory control system provides the organization with a quality and timeliness data flow which ultimately improve their operational efficiency and bottom line.
Chronos eStockCard inventory control system is developed with very simple objective – to achieve better control within their business. These can be achieved through operational-level and management-level control.
Operational-level Control
1. Inbound/Receiving/Put away
- Very simple and highly flexible and customizable IN screen for data entry
- System will automatically search for the best storage location
- Unique serialize numbers will be generated for better control
- Bar code scanner can be used to reduce human error
- Item’s picture can be retrieved to minimize error
2. Picking/Delivery
- Very simple and highly flexible and customizable OUT screen for data entry
- Retrieval criteria based on predefined rules such as FIFO/LIFO for better expiry control
Management-level Control
- Real-time inventory data through powerful reporting which able to provide greater and comprehensive visibility about the movement of items between suppliers, firm and customers.
- Management by abnormality through alert triggering such as item expiry, inadequate inventory level
- Management by priority through embedded 80-20 rule (Pareto-analysis) and item moving frequency
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