One ERP warehouse and inventory module includes all the functionalities required for the full management of goods in a warehouse –from inflow to outflow.

These functionalities include, but are not limited to: products nomenclature, extended possibilities of product characteristics definition, quantity/value management, multi-management, stock adjustments, transfers between inventories, requisition forms, damaged goods, etc.

Automated conversion of units of measurement

One ERP can perform automated conversion of units of measurement both with incoming and outgoing goods.

In One ERP, products are associated with at least two units of measurement: the inventory unit and the sale unit.

Application:
For very low value products, with two-digit decimal accuracy, the VAT-inclusive and VAT-exclusive prices cannot be differentiated. To solve this issue, a sale unit of measurement is introduced, the „tens of pcs” (or „hundreds of pcs”, „thousands of pcs”), and the decimal accuracy is transferred to quantity. The system shall automatically multiply the price by 10 (or 100, 1.000) and shall divide the quantity by 10 (or 100, 1.000). The total value of the document shall remain unchanged, and the stock shall be correctly reduced to the inventory unit of measurement.

Traceability

In One ERP, traceability is the foundation of the management system. Any inventory operation can be traced back, at any time, to the moment it entered the system.

Use of mobile terminals

One ERP warehouse and inventory module includes a mobile application capable of providing real-time product information, registering supply orders and collecting factual stocks for carrying out the inventory.

Inventory

For large warehouses, inventory is a major activity requiring good planning and special technological support.

In One ERP, inventory is performed in four stages: planning, execution, analysis, and registration.

Planning implies choosing a set of parameters that will influence the inventory process. The options are: type of inventory (partial or total), management, inventory date, and inventory committee.

Partial inventory takes into consideration only part of the goods in the inventory. Compensation will be made only between products selected for inventory, remaining differences being registered as surpluses or deficits.

After planning is concluded, execution starts. Execution implies placing the factual stocks on the inventory list, using mobile terminals.

Analysis involves comparing the factual stock to the scriptic stock. The operator chooses compensation between similar products.

After analysis, One ERP generates three reports: Deficits, Surpluses and Compensations. The managing staff endorses or not the reports (in the latter case, the analysis shall be corrected as needed).

Registration. One ERP automatically corrects the scriptic stock according to the analysis.