wizmen inventory features

WIZ-ERP

Inventory Features

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WIZ-INV – OverviewWIZMEN Inventory Control System

Demand

Goods Receipts

Store Adjustment

Purchase &

AccountsPayables

Inventory

Store

RawMaterial

Finished

Production

RMA Outward

Issue Return

Goods Issue

Dept. &Cost Center

Goods Transfer

Production

Delivery Challan

A/R

RMA Inward

WIZ-INV – Item CreationBy using the standard feature of Key Flex Fields, items are defined with all details

This example is showing definition of a store item having 9 segments

WIZ-INV – Item CreationBy using the standard feature of Key Flex Fields, items are defined with all details

This example is showing definition of a store item having 9 segments

WIZ-INV – Matching DocumentsMultiple types of document matching facility is available in the system. Matching option gives users seamless control over documents and no document can be generated without it’s reference document. 3-way and 4-way matching is available in the system

Matching is the process of referring any prior process’s entry

Demand is entered in the system as the source document

Purchase Order can be fed only against balance Demands

GRN can be received only against balance Purchase Orders

Inspection is performed for the received items

Purchase Invoice has the option to be fed only and only for Inspected items

Payments can be made against balance Purchase Invoices

RMA Outward is fed against the GRN for quantitative return of goods to supplier

Purchase Return is fed against the balance RMA Outwards for financial effect of returned goods

WIZ-INV – Demand

Demand is raised from the department at mill site and this Demand is fed in the system with details of Priority and Required Date

WIZ-INV – Demand

Document Print

WIZ-INV – Demand

Demand Register (Date Wise)

WIZ-INV – Demand

Demand Register (Purchase Officer Wise)

WIZ-INV – Loading Challan

At times intimation is sent from Head Office to mill site about the goods traveling towards mill site, this process uses the Purchase Order lines.

WIZ-INV – Loading Challan

Loading Challan Document Print

WIZ-INV – Loading Challan

Loading Challan Register

WIZ-INV – GRN

Goods are received at mill site against balance Purchase Order

After Receipt of Goods at mill site, Inspector inspect the things and post his comments on Inspection Form

WIZ-INV – GRN

GRN Document Print

WIZ-INV – GRN

GRN Register

WIZ-INV – RMA OUTWARD

Purchase Return is initiated by RMA Outward. RMA Outward is quantitative document which is fed against GRN lines.

WIZ-INV – RMA OUTWARD

RMA Outward Document Print

WIZ-INV – RMA OUTWARD

RMA Outward Register

WIZ-INV – Store Issue Note

Store issue is initiated by Store Keeper after Goods are received in Store. It is a quantitative document which is fed against DEMAND/Requisition lines.

WIZ-INV – Store Issue Note

SIN Document Print

WIZ-INV – Store Issue Note

SIN Register

WIZ-INV – Store Return Note

Store issue return is initiated by Store Keeper after Goods are returned by Internal Departments. It is a quantitative document.

WIZ-INV – Store Return Note

SRN Document Print

WIZ-INV – Store Return Note

SRN Register

WIZ-INV – Internal Inventory Transfers

Internal Transfer Note is fed in order to move stock with in an organization due to following reasons:

1- Transfer From one Physical Location to Other2- Transfer From one Godown to Other3- Transfer Within a Godown, From one shelf to Other

WIZ-INV – Internal Inventory Transfers

Transfer Document Print

WIZ-INV – Adjustments

Inventory Adjustment Note is fed in order to +/- adjust stock with in an organization. Adjustments can be used in case the Inventory Items are lost due to Theft / Disasters etc.

WIZ-INV – Adjustments

Adjustment Document Print

WIZ-INV – Standard Reports

Item Ledger (Quantitative) Report

Item Ledger (With Value) Report

Stock Report

WIZ-INV – Standard Reports

Consolidated Stock Report

WIZ-INV – Standard Reports

Consolidated Stock Report Summary

WIZ-INV – Standard Reports

WIZ-INV – Inventory Planning

1- Minimum Stock Level2- Maximum Stock Level3- Stock Reorder Level

Based on a company policy, Users can Setup Inventory Item & Unit wise limits for following:

These limits are user definable and can be updated by authorized users at any time.

1- Minimum Stock Level Report

WIZ-INV – Inventory Planning

1- Maximum Stock Level Report

WIZ-INV – Inventory Planning

1- Reorder able Stock Report

WIZ-INV – Inventory Planning

WIZ-INV – MIS Reports

1- Dead Stock. 2- Slow Moving 3- Purchased but not Used.

Based on a company policy, Users can Setup as many templates as they want for the following reports. These templates are generic and can be updated by Authorized Users at any time.

1- Dead Stock Report

WIZ-INV – MIS Reports

2- Slow Moving Report

WIZ-INV – MIS Reports

3- Purchased but Not Used Items

WIZ-INV – MIS Reports

WIZ-INV – Inventory Statement Generator

ISG (Inventory Statement Generator) is a very unique feature of WIZ-ERP. Just like FSG (Financials Statement Generator), ISG utilizes user definable column sets that can refer to any Inventory process in WIZ-ERP.

ISG allow MIS staff to analyze data in different shapes as per daily business requirement.•Analyze Data as per Cost Center Segments.•Analyze Data as per Items Category Segments.•Analyze Data as per Production Center Segments.•Analyze Data as per Sub-Inventory / Unit wise.

Following are some examples of reports Developed in ISG

1- Consumption Summary (Developed by MIS user through ISG)

As per following criteria the user want to see Consumption Summary with Department & Machine Type wise

WIZ-INV – Inventory Statement Generator

Consumption Summary output as per criteria given on previous Slide

WIZ-INV – Inventory Statement Generator

Same Consumption Summary can be viewed for Unit & Department wise:

WIZ-INV – Inventory Statement Generator

2- Stock Report (Developed by MIS user through ISG)

WIZ-INV – Inventory Statement Generator