Advanced Inventory Management with M1
If your business is looking for better ways to manage dimensional inventory, individual stocking locations, and multiple-part number cross-references, then look no further!
Multiple warehouses
- Create independent warehouses for each stocking location for inventory items
- Warehouses can also be used to manage quarantine and inspection locations
- Each warehouse is uniquely identified and contains its own contact details
- Use multiple warehouses to track vendor-managed or managed consignment inventory
Multi-location features
Multiple locations can use features such as purchasing and financial consolidation to provide visibility into each location's activities. M1 multi-location features appear in all relevant modules including quoting, order management, scheduling, AP, and AR.
Warehouse transfers
Move inventory between locations using warehouse transfers. Packing slips and labels can be printed to accompany goods and a receipting process is used to complete the transfer transaction.
Bins
- Each warehouse can contain multiple bins
- Each bin includes its own identification and description, quantity on hand and allocated, conversion factor, and unit sell price
- Control dimensional inventory using bins and their associated conversion factors
Part cross-reference
Record part numbers used by customers and suppliers on purchase orders. Each cross-reference can also contain an independent conversion factor and lot size.
Alternative parts
If you have an inventory shortage or need more cost-effective options, alternative parts allow you to review any alternative options.
Packing slips and labels
Packing slips, labels, and other reports come standard.