The Inventory Management module usually has the following capabilities:• Creates audit trails with the exact time and operator for major files to providea record of additions, changes, and deletions.• Prints the ABC Analysis report with optional update of inventory classifications.• Prints the Inventory Usage Exceptions Report comparing actual to forecast usage.• Provides physical count tag support and cycle counting work sheets.• Allows quick inquiry regarding the availability of any item.10.5.8 PURCHASE ORDER AND RECEIVINGIn an effort to reduce costs and to keep inventory at a minimum, the purchasingcomponent takes care of delivery lead times; projected inventory needs, and cost trends.
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