Basic Inventory Control Desktop 5.0.132

Basic Inventory Control 5.0.132
Basic Inventory Control
Basic Inventory Control 5.0.132 Incl Keygen | 5,79 Mb

Basic Inventory Control keeps an accurate count of products in stock and generates list of products that need to be reordered.

Inventory control is a process by which an organization keeps track of its product counts and ensures physical product counts match what is recorded in its books. From a financial standpoint, inventory is the most valuable asset of an organization engaged in buying, selling, manufacturing or otherwise handling of tangible goods. For many organizations, proper management of inventory is pivotal to customer satisfaction and long-term success. The following are few of the challenges faced by organizations in the realm of inventory control.

Why Basic Inventory Control?
  • Basic Inventory Control keeps an accurate count of products and generates list of products that need to be reordered.
  • Basic Inventory Control is a perpetual inventory control system. That is, BIC provides up to date, accurate count of units in stock. Contrast a perpetual inventory control system with a periodic inventory control system where inventory counts are usually updated periodically at month, at quarter or at year end.
  • Basic Inventory Control maintains a physical and available inventory count. Physical units in stock refer to products physically present on premises. Available units in stock includes physical units in stock as well as units on order. Further, BIC allows allocation of units for shipment. Allocated units are excluded from available units in stock but included in physical inventory.
  • Basic Inventory Control automatically calculates the average unit cost of units as units enter and leave inventory. Average Costing method removes peaks and valleys in inventory cost as units acquired at high and low price levels average out. Cost of goods is automatically calculated on product by product basis as well as in aggregate.
  • Basic Inventory Control provides customizable inventory and transactions report for cross-checking physical inventory with inventory recorded by Basic Inventory Control. Each inventory transaction is recorded providing a complete audit trail.
Basic Inventory Control (BIC) tracks the orders, receipts, shrinkage, allocation, and shipment of products. BIC displays physical units in stock, allocated units, available units in stock, and units on order. It produces reports such as Current Inventory, Out of Stock Products, and Inventory Transactions for the criteria you specify. The look-up lists and column headings in BIC are customizable. BIC can export data to a Microsoft Excel comma-delimited file. BIC can import product list and beginning inventory from a Microsoft Excel comma-delimited file. The inventory database is multiuser capable. BIC features extensive online help, tip of the day, a tutorial, and a support Web site. BIC has an easy-to-use interface and requires very little disk space to install. No third-party software or drivers are needed.

BIC is currently being used by organizations in Asia, Europe, North America, South America and Australia in a variety of industries including banking, accounting, manufacturing, not-for-profit organizations, military, trading companies, retail shops and schools.

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