PACT Inventory provides robust control over the flow of your inventory items, ensuring organizations have increased visibility into their inventory management processes. It enables effective management of various aspects such as purchase orders, contract management, and invoice handling. Whether it's monitoring quantity or value, PACT Inventory performs with utmost accuracy and efficiency. Key features include re-ordering, tracking stock aging, and managing stock movement, all designed to enhance inventory management.
One notable feature is the comprehensive ledger that maintains a record of incoming and outgoing stock, offering a complete view of the movement of each item. PACT Inventory also supports multiple valuation methods, such as weighted average, FIFO, LIFO, market value, and last purchase rate. This flexibility allows organizations to choose the most suitable valuation approach for their inventory.
For businesses in the retail industry, PACT Inventory incorporates barcode generation and scanning capabilities, enabling efficient tracking of items using Serial Numbers, Batch/Lot Numbers, and other identifiers. Additionally, item attributes like color, size, style, brand, and more can be defined in the system's master data, facilitating the generation of reports based on specific product attributes.
The software offers a range of configurable inventory reports that provide real-time insights into inventory levels across multiple locations and dimensions. This allows organizations to monitor their inventory effectively, optimize stock levels, and make informed decisions based on accurate data.
In summary, PACT Inventory is a comprehensive solution that empowers organizations with end-to-end control over their inventory management processes. By offering increased visibility, advanced tracking capabilities, and insightful reports, it helps businesses streamline operations, enhance efficiency, and make informed decisions regarding their inventory.