Inventory Control

by | Sep 15, 2019

Inventory Control

An intuitive and easy way to manage both your inventory and your vendors’ inventory.

It doesn’t matter where the inventory is, you will always know whether it is on a job site, in a warehouse, or on a service vehicle. Not only will you know where it is, you will have the tools to properly manage pricing of assets to bid on jobs effectively, and keep your costs in line. When you don’t have the freedom to work with the right reports and transaction types, when you can’t support your customers to maintain the right inventory levels, you can’t properly run your business. You need an inventory control system designed for the construction industry and integrated across the common tools you use.

What does your Inventory Control look like today?
What could it look like tomorrow?

TODAY:

You are confined to minimal options within your inventory control system.

TOMORROW:

  • You can choose between the following standard costing methods: FIFO, LIFO, average, and standard cost.
  • You can choose between 5 different transaction types: transfers, orders, receipts, credit returns, and adjustments.
  • Spectrum® Inventory Control will support up to 5 pricing levels per item.
  • You can use an almost unlimited number of fields designed by the user.
  • You can manage inventory in multiple warehouses with an unlimited amount of items and the option to add item comments.
  • You can keep track of both mixes and their raw material with automatic adjustment of the raw material levels upon selling the mixed item.

TODAY:

You don’t have a good system to help your vendors stay in stock.

TOMORROW:

  • Automatically offer your vendors (primary and secondary) items that are about to be out of stock. You can even record alternate items to offer if you don’t have the original item available.
  • Offer your customer quantity price breaks by item or category that can be calculated either by sell or list price.
  • Let Spectrum® Inventory Control manage special pricing and discounts for customers. Percentage price changes can also be set to be processed automatically.
  • Track any discontinued item by simply checking the box while editing the information for that item.

TODAY:

Your inventory control is a stand alone tool that is not integrated into the rest of your accounting and operational software programs.

TOMORROW:

  • Import data from the Trade Service Corporation’s TRA-SER® Pro program into the Inventory Control application.
  • You can update pricing by selecting items and updating user-defined pricing levels or standard costs.
  • The inventory control is integrated into the rest of Spectrum®’s applications like General Ledger, Work Order, Job Cost, Time + Materials and more.

Wouldn’t It Be Nice?

Wouldn’t it be nice if you know where your inventory is at all times? With comprehensive reporting and tracking features within the inventory control application, transaction and historical information is captured to provide you with a complete picture of your inventory.

Key benefits of the Inventory Control constructions software include:

  • Many reports are available to help manage your inventory such as reorder reports, inventory valuation reports, and stock status reports.
  • You can view the current valuation total and detailed transaction history of your inventory both on screen or within reports.
  • The simple physical inventory system increases inventory counting compliance by locking the system, which requires the count to be completed before any changes can be made.
  • Keep accurate reports with one point-of-entry system that saves from duplicating entries.
  • Easily enter parts and material through the Work Order Entry form
    Know where your stock is by warehouse with simple inventory tracking
Screenshot - Inventory Control

Reports Available

  • Items-on-Hand Valuation
  • Reorder
  • History
  • Activity
  • Cost Adjustment
  • Excess Inventory
  • Job Requisition
  • Price List
  • Item Listing
  • Item / Warehouse Listing
  • Items-on-Hand Valuation
  • Reorder
  • History
  • Activity
  • Cost Adjustment
  • Excess Inventory
  • Job Requisition
  • Price List
  • Item Listing
  • Item / Warehouse Listing

The complete Construction Management Software package.

Our Construction Management Software will not only meet, but exceed your needs.

Construction Software