The Inventory Control Module is used to manage a “consumable” inventory such as office supplies, medical supplies, parts for maintenance and so on.
With perpetual inventory levels and powerful forecasting tools at your fingertips, you can eliminate stock-outs and expensive rush orders, reduce inventory levels and associated carrying costs, and simplify the reordering process.
The Inventory Module also improves inventory status visibility and reporting. Popular reports include the Inventory Reorder Report, the Inventory Valuation Report, and the Excess Inventory Report, to name a few. You can also display various inventory KPIs on SpendMap’s Executive Dashboard.
Perpetual inventory levels are updated instantly when items are received or taken out of stock, so you always know what’s in your inventory.