"Inventory Control and Finance"

  Functional Modules

  Advantages

  • The ledger will offer you greater efficiency and drive productivity.
  • Centralized data enables decision makers to make informed decisions that speak clearly from your firm’s financials.
  • Your ledger will maintain data integrity and even streamline financial reporting routines, which are customizable by user.
  • Your firm can operate with greater transparency and less confusion.
  • Rich functionality for complex enterprise management, including: production, warehousing, sales, finance, project and service management, etc
  • Un-limited User license
  • Dynamic development - your system will always follow the current market trends because FALCON ERP can be updated to its latest version without any additional cost
  • Simple and intuitive user interface
  • Detailed online help documentation
  • Scalability - the system does not lose efficiency, even when its complexity

  Our Key Capabilities

  • Powerful Reporting Tools and Analyses.
  • Easy to Use.
  • Flexible and Adaptable
  • Powerful Reporting Tools and Analyses.
  • Comprehensive Functionality

  Benefits

  • Standardize and speed up manufacturing processes.
  • Integrate customer order information.
  • Integrate financial information .
  • Run on Single Solution.
  • Reduce Costs , Reduce inventory, Increase Revenue.
  • Improve Customer Relationships, Improve Efficiency.
  • Access Local Support
  • Be Alert to Critical Information
  • Standardize HR information
  • Make Updates quickly and easily
  • Information can accessible to a user anywhere in the world
  • Lower costs
  • Linking branches, factory, sales, purchase, delivery, supply chain management spread across different geographical location at real time.
  • Uniform monitoring system for customer, suppliers, vendors and partners.
  • Managing organized and streamlined business process - purchase, sales, Inventory, billing, production, receipt, payment, HR and Exports.
  • Accessing daily report without depending on anyone.
  • Ensuring that everyone in the organization is responsible and accountable.

Inventory Management

FALCON ERP inventory management solution is full featured and high-performance inventory management module, controlling inventory, tracking items, ensuring optimal stock and significantly increasing productivity. We deliver a complete inventory management from item movement, purchasing, sales, order fulfillment, service and returns, data collection and accounting.

  • We provide superb possibility of sharing information
  • Gives unique opportunity to create powerful multi user inventory management system
  • Makes stock management smooth and simple
  • Allows successfully running business through productive inventory management services
  • Designed it (inventory management system) for quick implementation, ease-of-use, and real-time inventory accuracy
  • Cutting-edge technology - more secure, more specific and more spectacular

FALCON ERP carries inventory management solution for control and tracking of warehouse or point of sale inventory. With FALCON ERP inventory management you can improve inventory visibility, reduce inventory levels and control inventory operations

  • FALCON ERP Inventory management solution with barcode scanning hardware allows for a complete inventory management.
  • Through barcode technologies, you can quickly identify inventory throughout your storage, handling, and distribution processes.
  • Through, barcode, printer, label and many other facilities we help you create a robust inventory management system to bring accuracy and visibility to inventory control
  • We provide the functionality needed to ensure your inventory data is complete, accurate and ready for your customer.
  • We provide businesses with access to a world-class system with real-time inventory visibility and collaboration.

FALCON ERP Inventory management allows you to consolidate your disparate inventory tracking and control systems into a single inventory management system for material in every stage of the product or production lifecycle as well as for your different business types.

Advantages

  • Faster inventory turns
  • Reduction in inventory paperwork
  • Reduced dependency on warehouse personnel
  • Enhanced customer service
  • Improved labor productivity

Warehouse Management

This will covers the scheduling and control of Inventory and Warehouse management. Indicative features and functionality include

Warehouses and Storage Locations: The FALCON ERP supports administration of 99 warehouses and under storage locations, monitoring surface and volume data • Storage locations may be linked with purchases – sales – merchandise traffic and book inventory (stock).

Stock Administration and Control: On line update of Inventory Item quantity and value following every relevant transaction • Safety and Reorder levels per branch – warehouse • Use of dynamic expected and reserved stock in complex order-taking, order-placing and production procedures

Codes and Codification: Administration of multiple codes per Item 20 Character length Alpha Numeric • One Product Code can Un-limited Brand option possible.

Units of Measure: Full control system and administration of multiple units of measure, with monitoring of mass, weight (Net/Gross), volume and dimensions • Link of units of measure system with reports (Invoice /Purchase etc).

Replacement / Substitute Items: FALCON ERP support Un-limited Replacement Product codes. It will reduce you to create unnecessary extra product creations.

Alternate Items: Alternatives where stock is unavailable. FALCON ERP support Un-limited alternate Codes.

Inventory Items with special administration requirements (Color – Size, Lots, Serial Numbers etc): Administration of Sponsion items, Gifts, Exclusive items, Items on warranty, Custom items, serialized items etc • Support of standard or user-defined item colour lists and size lists for the administration of items in colour – size, management of seasons, assortment etc.

Peripherals, bar codes and labels: Support of all barcode standards and monitoring of multiple barcodes per item • Use of bar codes in all processes • Special incorporated tools for printing of item labels.

Product Grouping: FALCON ERP support grouping of products. We are supporting Department, Brand, Category and Sub-Category.

HS Code and Origin: Export requirements HS Code and Origin can integrate your product.

Assign pictures: You may assign pictures of products and use them while entering transactions and taking reports

Multiple Price Lists:FALCON ERP allow you to maintain 3 price default (Couter price, Whole Sales Price, Retail Price). You can create price lists Customer-wise, Customer Area-wise, Sales-Man wise etc. Prices, in transactions, will be automatically picked based on the price list or default will show last transaction price.

  • Full-scale warehouse management (also fit for multiple warehouses)
  • Keeping inventory constantly up to date
  • Generating and printing warehousing documents
  • Defining a warehouses' structure to optimize organization and management

Additional facilities: We have lot of un-documented facilities according to the customer requirements.
Some of the options:

  • Reorder level and safety level.
  • Production lead time.
  • Maximum stock holding.
  • Preferred supplier.
  • Purchasing reorder time

Customer Loyalty

  • Customer information tracking & gathering
  • Direct Discount Option, Point Earned and Redemption system
  • Different Discount % for different assortments possible. 
  • Centralised Points Earning & Redemption across multiple stores possible. 
  • Customer history tracking.

  Inventory Adjustment-Benefits

  • Use physical inventory quantities.
  • Inventory adjustments are a simple process in the system.
  • The new inventory quantity can be viewed instantly
  • Easily create inventory reports and financial reports with the actual quantities.
  • Gain greater insight into why the inventory quantity was incorrect and create strategies to reduce the occurrence.

  Inventory Adjustment-Key Functions

  • The adjustments are reflected automatically in the system.
  • Use the comments section to make notes about the inventory such as missing, broken, returned to the wrong bin, etc.
  • The inventory book reflects adjustments made in the system.
  • Create detailed reports of inventory adjustments.
  • You can enter the actual quantity in the adjustment field and the program will calculate the difference.

Stock Reserve

This feature reserves a specified quantity of stock for particular customer or sales man. The reservations might have a validity date and in any case they are expired.

Reservations can be done only on "make to stock" and stock-able products.

The reserved products are substracted from the virtual stock. It means that if you reserved a quantity of products which available balance.

If you want to prevent sales orders to be confirmed when the stock is insufficient at the order date, you may want to install the sale_exception_nostock option.