Tencia’s stock management module offers comprehensive control over the entire stock cycle, from the initial purchase to final sales. This module ensures accurate tracking of stock movements and inventory levels, enhancing overall efficiency and management of your stock.

In StockKey Features of Stock Management:

  • Stock Reordering Calculation: Calculate stock reordering by considering factors such as seasonality, lead time, economic order quantity, minimum stock level, and selling/purchase cycles.
  • Multiple Stock Locations: Manage multiple stock locations with the ability to assign different costs and selling prices to each location if needed.
  • Cost Management: Use three types of costs—latest, average, and standard—to suit various inventory valuation methods.
  • Bulk Price Updates: Quickly update prices using the bulk price update facility or adjust prices individually.
  • Price Discount Matrix: Set up unlimited discounted and selling prices using the Price Discount matrix.
  • Supplier Management: Enter new suppliers at the time of entering stock details for streamlined supplier integration.
  • Non-Diminishing Stock Lines: Create non-diminishing stock lines as needed.
  • Negative Stock Balances: Support for negative stock balances to accommodate various inventory scenarios.
  • Future Period Transactions: Post transactions to future periods to maintain accurate financial records.
  • Location and Bin Number Tracking: Track stock by location and bin number for detailed inventory management.
  • Job Costing Integration: Issue stock to jobs for precise job costing.
  • Physical Stocktake: Perform physical stocktake counts to verify inventory accuracy.
  • Flexible Stock Inquiries: Perform stock inquiries using flexible sorting and filtering features to access relevant information quickly.
  • Stock Conversion: Purchase and sell stock in different units, facilitating flexible inventory management.
  • Markup Pricing: Implement markup pricing based on the cost of purchase to ensure profitability.
  • Cost Visibility: Option to show costs during stock inquiries for better financial oversight.
  • Stock Item Location: Locate stock items using various methods including stock code, supplier stock code, and multiple bar stock codes.
  • Comprehensive Stock Codes: Use up to 30-character alphanumeric stock codes for detailed item identification.
  • Multiple Selling Prices: Set up to six selling prices per stock item.
  • Obsolete Stock Flagging: Flag stock items as obsolete to manage inactive inventory.
  • Minimum Sales Margin: Nominate minimum sales margins by stock category to maintain profitability.
  • Stock in Transit Tracking: Track stock in transit to ensure accurate inventory records.
  • User-Definable Fields: Use up to 10 user-definable fields in the Stock master file for customised data management.
  • Multi-Level Dissection: Perform multi-level dissection by stock category and subcategories for detailed reporting.
  • Multiple Bin Locations: Manage multiple bin locations per stock item for efficient storage and retrieval.
  • Freight Cost Calculation: Calculate freight costs on debtor invoices based on the weight of items.

Reporting Capabilities

Tencia’s stock management module offers extensive reporting options to provide clear insights into your inventory:

  • Stock Ledger Report: Monitor overall stock levels and movements.
  • Stock Valuation and Movements Reports: Analyse stock valuation and track movements for accurate inventory management.
  • Stock on Order Report: Track stock that is on order to manage supply chain efficiently.
  • Transaction Listings: Review detailed transaction listings for comprehensive record-keeping.
  • Sales Reports: Generate sales reports by value and quantity to analyse sales performance.
  • Reorder Report: Identify stock items that need reordering to maintain optimal inventory levels.
  • Stocktake Report and Sheets: Conduct and record physical stocktakes for inventory verification.

Tencia’s stock management feature is designed to provide businesses with the tools needed to efficiently manage inventory, optimise stock levels, and enhance overall operational efficiency.