An Inventory Control System provides small and mid-sized multi-channel distributors, manufacturers, and online retailers using QuickBooks with the advanced inventory management tools needed to optimize operations and encourage business growth.
Proper inventory management drives product selling businesses forward. Without it, things fall through the crack, processes bottleneck, and daily frustrations plague operations. When inventory management is lacking in a growing business, customers and profits tend to suffer as a result. Whether operating on disjointed or manual systems or confined by a system that’s been outgrown, taking action to improve inventory management is a critical step towards growth.
Inventory Control System: QuickBooks Inventory Tracking
Acctivate’s bi-directional QuickBooks integration provides businesses the benefit of advanced inventory management tools while continuing to maintain financials within QuickBooks. For financial management, QuickBooks accounting software is unbeatable, but in terms of inventory management, its capabilities are limited. Acctivate brings superior barcoding, lot and serial traceability, multi-warehouse and bin location control, the smart feature of minimum/maximum inventory monitoring to the table, and much more.
Improve on QuickBooks with:
- Barcode & Mobile
- Lot & Serial Traceability
- Multi-Location & Bin Location Control
- Min/Max Inventory
Inventory Control System: Receiving Goods
Inventory receiving is a common practice for product selling businesses around the world, but is often an overlooked process that could benefit greatly from targeted optimization. Acctivate supports an intelligent five step process meant to improve the accuracy and efficiency during receiving. From the purchase order to sophisticated warehouse layout organization to variance management and put away reports, Acctivate’s inventory control system makes receiving and put away straightforward and error free.
5 Steps to Optimize Receiving:
- Create PO, receive PO, invoice PO
- Optimize & organize warehouse
- Leverage tools to boost & streamline processes
- Handle variances with ease
- Run a put away report
Inventory Control System: Adjusting Inventory
Whether from waste, breakage, shrinkage, write-offs, or internal reasons, the need for inventory adjustments happen – but they should not be a frequent occurrence. Constant transactions adjusting inventory muddle true costs of goods and obscure profit margins and bottom lines. Acctivate provides real-time visibility to inventory and accelerates warehouse efficiency. Acctivate heads off the need for frequent inventory adjustments by providing more control to warehouse staff, improving the cycle count process, limiting disruptions, and via receiving optimization.
Prevent Inventory Adjustments by:
- Providing more control to warehouse staff
- Improving cycle counts
- Optimizing receiving
Inventory Control System: Product Lookup
One of the greatest causes of lost productivity for inventory-driven businesses is inefficient product lookup. Loss of productivity due to searching for information is easily preventable with an inventory control system that houses all of an organization’s data in one central location. Acctivate’s product lookup tool allows for efficiency, flexibility, and reliability when searching for product information. With Acctivate, product lookup can be done on the fly by lookup based on location and availability, by characteristics including class, type, specific keywords, and alternate descriptions, or by alternate product IDs.
Product lookup by:
- Location & availability
- Characteristics (class, type, keywords, alt. descriptions)
- Multiple alternate product IDs
Inventory Control System: BOM Costs
A Bill of Materials (BOM) is the comprehensive list of all components used when manufacturing an assembly, a kit, or batch-processed goods like food or beverages. Creating and tracking accurate BOM costs is critical to ensuring manufacturing processes are cost-effective and efficient. Acctivate allows for the creation of detailed, flexible BOMs and offers straight forward tracking of BOM costs. Acctivate tracks BOM costs for assemblies, kits, and batch-processed products, allowing for accurate true COGs and helping to better inform purchasing and manufacturing decisions.
Track BOM Costs for:
- Batch processed finished goods
The Acctivate inventory control system helps small and mid-sized multi-channel retailers grow and expand their business through advanced inventory and business management optimization. Acting as a central hub for an entire organization, Acctivate streamlines and boosts inventory, warehouse, and fulfillment operations. With the assistance of Acctivate as an inventory control system, inaccuracies, mismanagement, and wasted productivity become problems of the past.
Get started today!
Learn how Acctivate’s inventory management tools can transform your entire business. Try Acctivate for free or call us at 817-870-1311.