Warehousing and Inventory

The Evolution product is a multi store / multi location system with standard netable locations being enhanced by the ability to define consignment, quarantine, WIP and inspection location types. Each store and each bin can be separately defined with details including size category and maximum weight. Each part can have the following inventory parameters specified; minimum stock, minimum days supply, maximum stock, cumulative lead time, transfer lead time, default store and bin as well as attributes that specify at item level, whether the part is lot controlled, requires Traceability controls, is bulk issued, is backflushed, is forecast controlled, is to be processed via Final Assembly scheduling rather than traditional work order control. Tooling parameters can also be defined in a similar way, although tooling resources are issued rather than consumed, and returned to stores at the end of the production process. Product Costing allows for up to 999 cost sets to be held against an item, and supported costing methods include Standard, Lot Actual, Weighted Average and Period Average.