There are multiple ways to do this. One way is to use the Unleashed stock-on-hand enquiry report. You can also use an item inquiry report to gain an understanding of stock availability data. Stock can be reserved for a sales order or a manufacturing process – and Unleashed gives you the necessary insight into how much stock is available.
Inventory
Powerful Inventory Management
Manage your entire product catalogue in the cloud, know precisely in which warehouse the product is located, do stocktakes faster and gain full visibility into stock costs.
Perpetual Inventory Control
Using the average landed cost method to calculate the cost of your products results in a more reliable cost of goods sold account.
Perpetual inventory control reflects all inventory costs, providing you with an accurate view on product margins and profit.
Maintain Stock Visibility
Gain real-time access to stock levels, cost, tracking information and much more using the Stock Enquiry feature.
Flexible reporting means stock counts and report filters can be created for suppliers, product groups, warehouses, bin locations and more.
Multi Warehouse Management
Know exactly what stock you have and where it is located as Unleashed allows you to easily keep track of stock across multiple warehouses, in multiple global locations. Stock can also be segregated for reporting.
Flexible Product Management
Manage your entire product catalogue by a variety of product attributes such as dimensions, weight, product bar code, images and many more.
Set minimum and maximum inventory levels, and use custom groupings.
“Unleashed being cloud-based just gives the ability to be on the road and be active and live at any one point.”
Neil Thomson, BCE Catering Equipment
Confidently track and trace
Achieve complete traceability with serial number and batch number tracking. Assign a serial number to your final product, or a batch number to any products that have been purchased or manufactured together.
View the complete usage history of serial and batch numbers from purchase right through to sale.
Stock Count Whenever
Whether you are auditing a particular product group or a particular supplier’s products, Unleashed provides a comprehensive platform for doing a stock count.
Keep your business running whilst completing a stock count. Simply upload the data when you are ready.
Set stock levels
Set a minimum and maximum stock level for stock in multiple locations to suit your business needs. Ensure that you always have sufficient stock on hand while keeping a lean balance sheet.
Inventory FAQ
Contact us today if you have more questions about how Inventory can work for your business.
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How do I actually check my stock levels?
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Can I use a different methodology for tracking costs, e.g. FIFO or LIFO?
We use the average landed costs methodology only. This methodology is at the heart of Unleashed’s perpetual inventory management system. Obviously you are free to use FIFO/LIFO principles in terms of physical stock movement (but not when costing).
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Can I manage stock in multiple locations?
Yes, you can use warehouse transfers to transfer stock between multiple locations. You can also do a manual stock adjustment to maintain stock counts if stock is written off. Furthermore, Unleashed’s stock-on-hand (SOH) report allows you to understand how much stock is available for a particular product in all locations. This is perfect for customer enquiries to ensure you don’t miss out on a sale if the stock actually available, yet in a different location.
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At what stage do I need to add a product serial number or a batch (lot) number?
As soon as you start holding stock you need to have batch and serial numbers associated with this stock (if applicable). It depends how products are brought into Unleashed. If you are bringing stock in through a purchase order, serial and batch numbers must be added at the time of receipt. If you are doing an adjustment, you need to add a batch or serial number when you are completing the adjustment. If you are doing a credit, then you need to advise what you are bringing in via the credit. Note: Using batch or serial tracking for each product is not mandatory.
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Do you offer an audit trail on serial and batch (lot) numbers?
Yes, you can see a full transaction history of when the serial and batches were created, when the product(s) were actually sold, used, or deleted.