Matrix inventory

When you need a matrix inventory software solution

When does matrix inventory software make life much easier? When one t-shirt is really 68.

It begins with a simple t-shirt. One product – a red t-shirt.

But you need it in 4 sizes – small, medium, large, and XL.

Then, there’s all those colors – 17 in fact. Let’s face it, not everyone wants red.

Suddenly, one t-shirt, in four sizes, and 17 colors becomes 68.

Is that one product or 68?

Matrix inventory defined

Matrix inventory simplifies defining, creating, and tracking of matrix inventory groups through the use of attributes such as color, size, style or pattern variations.

That is one t-shirt. The colors and sizes are simply attributes.

Inventory software with matrix inventory capabilities simplifies inventory management for apparel, footwear, jewelry, sporting goods, and other industry distributors and retailers.

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Acctivate software user, Jewish Educational Toys

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Acctivate software user, Jewish Educational Toys

“Let’s say we have six different puzzles and they come in boxes of six and we may offer a discount at say 36 of one puzzle.

For smaller vendors or resellers, we offer an assortment of the puzzles where they can pick and choose which ones they want and they’ll still qualify for the same discount, so we’ll use Acctivate for that and when we’re taking the order, we’ll ask them which ones they want and how many of each.

Acctivate has allowed us to offer quantity discounts with assorted products so we’ve been able to serve some of the smaller customers a lot better. Previously, if we wanted to do that, we would have to put each product on separately and manually adjust the prices for each one to give them a price break because each product by itself wouldn’t reach the quantity required to receive the price break, but with the assortments it does.”

Hershel Belkin

IT & Sales Manager

Benefits of matrix inventory software solutions

By simplifying matrix inventory groups with Acctivate, you can discover the benefits:

• Reduce inventory data entry and management labor expense
• Standardize product descriptions
• Increase accuracy
• Streamline sales order management
• Gain visibility

Acctivate software for matrix inventory features and functionality

• Single dimension matrix from style to variant where the variant can be color, size or any other variant of the product needed to be supported.
• Every variation in the matrix is assumed to have the same price
• Each variation will have its own cost
• Variations are managed as separate SKUs
• Sales history is maintained at the matrix level
• Inventory movement is maintained at the component level