ERP Material Management

The Materials Management element of the Compiere open source ERP business solutions software system addresses a broad range of problems around your material inventory: product, tariffs, inventory receipts, shipments, movements, and counts within a corporation, its organizations, as well as to and from suppliers and customers.

A 'Product' within the Compiere ERP system is something that may be sold and/or purchased, (or something that may be stored) and it has to possess a price. The main examples of merchandise within the inventory management software system are:

• Items

• Services

• Resources

• Expense types

An 'Item' in Compiere may be a physical good that may be sold. 'Services' don't seem to be restricted in terms of availability whereas 'Resources' have restriction. For instance, it is possible to bill 'Expenses': a consultant who incurs some travel expenses may be invoiced to the client.

A Product may also be described as a "collection of similar in attributes items." Product categories here enable you to cluster merchandise similar in;

  • Characteristics,
  • pricing structures,
  • accounting rules and
  • Reporting.
  • For instance, by using the controls of the Compiere ERP business solutions software system you'll be able to globally set or change a discount structure for a Product category. All merchandise in this category inherits the revised discount structure.

    Product Catalog

    The Product Catalog organizes all of your merchandise for simplified looking out based on product attributes. For instance, you'll use the merchandise Catalog to look for all merchandise that are "shirts," "yellow" and "short-sleeved." the merchandise Catalog optionally details product bills of material and substitutes.

    Price Lists.

    Multiple price lists are supported for all purchased and items sold. Solutions of ERP business software system of Compiere encompass a purchase price List functionality, which permits easy management of discounts from suppliers. The system provides general and client specific sales tariffs. Price lists are date controlled to permit special sales initiatives.

    Bill of Materials

    A Bill of Materials (BOM) could be a product structure that lists the parts and elements that represent the merchandise within the context of a kit, assembly, or model. Contained in it are one or more products, Services, or BOMs. The quantity of elements a Bill of Materials might contain is unlimited.

    A Bill of Materials should be "cycle-free", which suggests that a BOM cannot refer to itself or components. The following kinds of Bill of Materials are maintained by Compiere's ERP system:

    • Stocked — the available amount represents what actually is stocked, not what could be made. If the value is 0.00, the value is dynamically calculated (i.e. total of the individual parts).

    • Non-Stocked — the available amount of a non-stored Bill of Materials is dynamically calculated on AN item to item base and represents what may be accessible. Non-Stocked BOMs are primarily for data entry convenience. The worth of a non-stocked BOM is usually the summary price of its individual components.

    Distribution and Multi-Warehouse management

    Support by the Compiere's ERP business solution is multiple warehouses with user-defined locations within every warehouse for recording stock locations in shelves and bays.