Jewel - Casting & Style Inventory

Casting & Style Inventory module is at the heart of casting and style control. It can optimise stock levels in line with demand and help forecast trends. This would lead to a reduction in stocking costs, and improve buying and production decisions.

It is interfaced with Sales Order & Invoicing as well as Purchase Order & Invoicing to ensure seamless flow of information across these functions.

Module Highlights

• Provision for allocating multiple vendors for an item
• Interfaced with the sales order and purchase order modules
• Adjustment entries can be recorded directly in the receipt and issue forms
• Unique transfer option for exchange of stock between one or more items
• Reports like Receipts, Transfers, and Adjustment Registers for complete information about the inventory can be printed Stock level reports like Reorder Level and Negative Stock Statement for analysis can be generated
• A provision is made to setup item categories and items, record receipts, manage issues, transfers and adjustment entries in a unique way to ensure updated stock level details

Setup

• Item Category
  An item category is a group set up for items of similar nature. Thus bracelets could be one category and chains could be another category.
• Item
  Details of each item like cost, stock levels, reorder levels & prices etc are recorded here.
• Location
  This is used to define location of the inventory. This can be a specific department or a location where it is usually located.

Transactions

• Receipt
  This is used to record the receipt of items from various sources like customers, vendors, etc with the details of those items like price and item ID.
• Issue
  This screen is used while issuing items to customers, vendors etc.
• Transfer
  At times items are transferred from one location to another either within departments or locations within a company.
• Bar Code Tag
  This is used to set & edit bar codes for transactions that take place for various styles.
• Physical Inventory - Entry
  This is used to make entries in the inventory with details like packet number, item weight, rates, amount etc.
• Physical Inventory – Posting
  This option is used to post the inventory details for a period of time.

Reports

• Style & Casting Receipt Report
  This gives a list of all receipts with the amounts, quantities and weights. These can be customized to be viewed item wise and date wise.
• Style & Casting Issue Report
  This gives a list of all issues that have been made to various entities with details of amounts, weights and quantities involved.
• Transfer
  This report lists the transfer of packets from one location/ department to another.
• Activity
  This gives an item wise break up of the activity in the form of stock in hand and the memo quantity.
• Style & Casting Stock Report
  This report would give us the stock of stones with average cost, aging days and with the quantity in hand and the memo quantity.
• Style & Casting Item Price List
  This would give a list of all items kept in stock by the organization. It is a quick reference list that can be used by the management to view the prices of all their items and also use that list as a basis for comparison with similar styles or items that are produced by other organizations.
• Physical Stock Variance Report
  This gives the variance in stock from book inventory and physical inventory.
• Negative Stock Report
  This gives a list of items that would need to be reordered.
• Item Reorder List
  This gives the list of the minimum & maximum levels along with the reorder level and quantity of each style item in the inventory.
• Item Category
  This gives a list of all item categories that have been created using the set up options in the item category.
• Item List
  This is a list of all items that are available in the inventory.