Inventory

Classify products into three categories: inventory goods, consumables (non-stockable) and services (non-stockable)

Customize product variants to match customer preferences and make informed purchasing decisions using real-time inventory counts for each variant and its components.

Import supplier price lists, including product descriptions, prices and delivery times.

Create shipping labels for multiple delivery carriers such as FedEx, DHL, UPS, USPS, Bpost, Sendcloud (EU) or Easypost (North America). See the full list of integrations.

Generates real-time forecasts of available, incoming and outgoing inventory while operations are in progress. Predict out-of-stock dates for products by analyzing customer orders, shipping schedules, and production orders. This allows you to respond quickly to supplier deadlines and delivery times.

Initiate purchases, transfers between warehouses or manufacturing orders automatically using customizable minimum and maximum inventory rules.

Coordinate with the supplier to ship products directly to the customer. It removes the need for the seller to manage inventory or handle the delivery process.

Automatically triggers purchase and production orders when a sales order is confirmed, with custom routes for inventory, products, and orders.

Ability to manage multiple warehouses from a centralized system. It includes inventory control, replenishment, and efficient transfers between warehouses.

Monitor every step of your product's journey, from supplier to customer, with detailed tracking. With sales order confirmation, automatically initiate purchase orders, inventory transfers, and delivery orders to procure and ship products to the customer.

Access detailed reports to track products from supplier to customer using lots or serial numbers. Comprehensive product identity records support advanced traceability, including after-sales service.

Generates real-time accounting for products, collection of inventory purchases, leftovers and other inventory activities automatically.

Keep a comprehensive log of all user actions, including inventory movements, counts, adjustments, approval of adjustments, and record changes.

Automate warehouse inventory accuracy with a cycle count strategy based on user-defined rules. Instead of full physical inventories, the system selects stock locations for regular counting, minimizing disruptions. It proposes daily inventory adjustments and Zero-Confirmations to verify empty locations in real time. Improve stock accuracy, detect errors early, and eliminate the need to halt production for full counts.

Includes real-time cost reports covering invoices, taxes, fees, fuel surcharges and incidentals. Automatically generates accounting entries for quarterly reports and price adjustments.

Uses FIFO (First In, First Out), AVCO (Average Cost) and standard cost methods to calculate product costs.

Compatible with both continental and Anglo-Saxon accounting systems.

Real-time accounting is generated for inventory purchases, spills, and other inventory actions.

The Landed Costs feature is used to take additional costs into account when calculating the valuation of a product. This includes expenses such as shipment, insurance, customs duties, taxes, and other related fees. By allocating these costs proportionally across products, businesses can achieve more precise inventory valuation and profitability analysis.

Get a clear and transparent understanding of how inventory is managed in your company. You will be able to track and control inventory value with precision at every stage, ensuring accurate cost management even when purchase prices fluctuate.

Adjust the valuation of inventory layers and automatically propagate the changes across all related transactions and uses. This functionality ensures accurate and consistent inventory valuation by updating all affected entries, including accounting entries, to reflect the revised inventory value.

Track how long the products have been in the warehouse with a warehouse aging report. The quantities are organized by date of receipt, which helps you identify products that are nearing expiration.

Maintain a comprehensive inventory movement report to map and track product transfers from supplier to customer using duplicate inventory.

Enable locking or unlocking of posted inventory documents (receipts, picks or manufacturing orders) to correct errors in product consumption or pricing.

Automatically saves daily records of the quantity on hand for every product in each warehouse. This functionality provides a reliable historical overview of inventory levels, supporting data analysis and decision-making processes.

Quickly locate any warehouse document by simply scanning a barcode.

Assign barcodes to sealed packages for seamless content tracking. Package location updates automatically reflect the location of all contained products.

Access multiple shipping carriers, including PostNord, GLS, DHL or UPS, through Shipmondo’s platform without needing individual integrations.

The estimated delivery price is calculated based on the origin and destination transfer, and proposed to the customer. Upon confirmation of the delivery order, the shipment is communicated to the carrier and a delivery label and tracking number is received in ForgeFlow Cloud ERP.

See the complete list of carriers available in your country: https://shipmondo.com/carriers

Note that setting up this integration requires that you set up an account with Shipmondo. Prices for the Shipmondo shipping services are not included in ForgeFlow Cloud ERP.

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