Inventory

Know instantly what you have in stock, how much it is worth, and where it is located with the Inventory application. Take advantage of multiple-warehouse capabilities, predefined inventory reports, lot tracking, and quantity breaks.

With Inventory keeping tabs on the stock, you can:

• Identify your best products and understand purchase and sales cycles.
• Create and maintain lot and serial numbers for those item types; lot number details include an expiration date and serial numbers include detail purchase and sales information.

• Monitor inventory movements by tracking detailed inventory history.
  
  
• Transfer item quantities to different locations as needed; transfer costs can be entered and added to the cost of the transferred product.

Sales Order

Keep your customers happy by handling orders promptly and correctly with Sales Order. Easily produce quotes, fulfill orders, generate return merchandise authorizations, and create blanket orders.

With Sales Order, you are able to:

• Process Return Material Authorization (RMA) transactions so credit memos are not issued until the customer returns the items.
• Use prices that are calculated based on customer level, order quantity, special promotions, or customer-specific prices for items. Item prices can be calculated based on markups from cost or markdowns.

• Send invoices, statements, order acknowledgements, and quotes in the format the customer prefers (email, paper, or fax).
• Easily create new orders and copy from existing orders in history; simply view the different transactions posted to history, select one that matches current order information, and create a new order from it.

Purchase Order

Purchase Order gives you the power to take complete control of purchases, from invoicing to requisition. Change existing purchase orders, return goods to vendors, generate automatic requisitions, and perform landed cost calculations.

With Purchase Order helping you manage your buying power, you will:

• View variances between order and actual quantities, order and actual costs, and delivery dates.
• Keep a watchful eye on the goods and services your company receives, and detect shortages and incorrect invoices so that you only pay for the items you’ve received.

• Send purchase orders in the format the vendor prefers (email, paper, or fax).
• Enter purchases in the company base currency or the vendor’s foreign currency; foreign currency purchases track costs in the foreign currency as well as the company base currency.

Bills of Material / Kitting

Save time and reduce errors with Bill of Materials/Kitting, a fully integrated application that allows wholesale distributors, retail distributors, and light manufacturers to define, build and sell assemblies or kitted inventory items. Set up assemblies and kits using unique inventory numbers, an unlimited number of components, and globally replaceable items.

Bills of Material / Kitting allows you to:

• Change components for a group of select items with the global replacement of items.
• Build fully costed finished goods by including component costs as well as labor costs.

• Maintain accurate inventory quantities for your assemblies or raw materials.
  
• Build non-serialized assemblies that contain either serialized or non-serialized materials and components.

Requirements Planning

Use TRAVERSE Requirements Planning to balance future supply and demand by managing sales forecasts, creating master schedules, and determining your needs. Speed your planning processes with user-definable buckets, component pegging, and automatic purchase requisition generation.

With TRAVERSE Requirements Planning, you can:

• Manage contract or long-term delivery orders with blanket order functionality for your customers.
• Choose between bucketless and standard Requirements Planning reports based on daily, weekly, monthly, or user-defined summaries.

• Tailor your interface and create unlimited user-defined fields using the TRAVERSE Design Studio.
• Create forecasts for individual items, parts, and assemblies based on current history using multiple methodologies.

Warehouse Management

Ensure precision inventory handling and prompt order fulfillment with TRAVERSE Warehouse Management. Track inventory items by bins and containers, prepare pick lists, and enter shipped quantities by order number or item ID.

Warehouse Management will help you:

• Track inventory items by bins and containers, designating the items that move in and out of inventory.
• Drill through to view several layers of item detail at one time.

• Identify sources of item demand, track down overages or loss, and view related movement activity.
• Improve efficiency in picking, packing and shipping orders by streamlining day-to-day activities and maximizing the productivity of your warehouse staff.

Mobile Warehouse

TRAVERSE Mobile Warehouse provides Warehouse Management functionality on a Pocket PC-compatible handheld device. Use it on your warehouse floor to record receipts and shipments, track inventory movement, and automatically enter that information into your TRAVERSE system for other departments to use.

Mobile Warehouse enables your staff to:

• Make sound decisions about purchases, sales, and transfers with instant on-hand and in-use quantity information.
• View quantity counts for items in bins and containers across all warehouse locations.

• Record items while doing physical inventory, and move items from one place within the warehouse to another.
• Pull items from your inventory in order to fulfill orders, and apply the item quantities in shipments you have received to specific purchase orders, location transfers, or material requisition returns.

Electronic Data Interchange (EDI)

TRAVERSE v11 EDI saves you time and money by transmitting data directly between you and your trading partners. Using standardized file formats TRAVERSE EDI will allow you to receive data directly into your Sales Order or Purchase Order modules for immediate processing. It will also send data such as invoices and acknowledgements directly to your customers with little or no interaction.

Key TRAVERSE EDI benefits:

• Lower transaction processing costs
• Reduce data processing errors

• Receive preferred status from trading partners by participating in EDI programs
• Free up resources to work on higher priority activities

Landed Cost for Purchase Order

OSAS Landed Cost for Purchase Order gives you the power to take complete control of purchases from invoicing to requisition. Assign shipping costs directly to inventory item values using multiple levels based on quantity, value, or weight.