Tag Archives: inventory

SKUs and SIMMS 2015

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The (Stock Keeping Unit) SKU Configurator can be used to determine the composition of the SKU (Item) number. Selection of some characters from the item’s category, subcategory, vendor’s part number, manufacturer or vendor will add them to the SKU number’s format. Users can instead choose that an auto-generated number becomes part of the SKU.

In addition, you can designate how many items have been created under a category and assign that particular item an incremented number anywhere within the SKU configuration. If required, SIMMS 2015 has a manual SKU override where you can manually assign an item your own item code outside of the SKU generation automation.
SIMMS has the capability to assign a particular SKU item number to each inventory item configured in the Inventory Manager, enabling users to automatically assign a particular product’s item number based on an SKU formula that can be devised using the SKU Configurator.

This can be done upon the creation of an item, with the result that once the selection of either the item category, subcategory, brand (sub-sub category), model (sub-sub-sub category) or manufacturer has been made and the Save button has been clicked, the Item code SKU will be automatically created based on the selected options.

Examples of the available SKU choices listed are as follows:
• the first two characters of a category
• a 5-character item incremented number
• the first three characters of a subcategory
• the first four characters of a manufacturer
• A 4-character automatically-generated number for a vendor
• A specific example of an SKU could thus be as follows:
the category of a computer: SU (for SUPER COMPUTERS)
the 40th item configured under the category: 00040
the sub-category: FAN (for FANS)
the manufacturer: PHILL (for PHILLIPS)
the vendor: Ingram Micro (with an automatically generated code of 0009)
Subsequently, the resultant SKU would be SU00040FANPHILL0009.

Visit here to learn more about how SIMMS 2015 can help you with your SKU requirements.

Exception Reporting

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A natural outgrowth of systems with master scheduling, exception reporting helps re-buyers and inventory managers know where to take action without their having to review every item every week in detail. Retail and direct inventory systems both use exception reporting. Types of exception reports include:

  1. Management Reports (for instance, top 50/bottom 50 in sales)
  2. Product Characteristic Reports (e.g., all items in a certain fabric across departments)
  3. POs needed based on stock-out calculations, on hand and on order, and projected demand with item/vendor lead time
  4. Ranking reports for returns, cancellations, gross margin, and liquidation
  5. Forecast variance plan to actual
  6. Slow sellers and candidates for liquidation
  7. New vs. Repeat performance
  8. Imported vs. Domestic Product

For more information on exception reporting visit www.simmssoftware.com or email sales@kcsi.ca today.

SIMMS Inventory Control Software Awarded Another 5 Stars Award

SIMMS Inventory Control Software was awarded another 5 Stars Award.  Softrecipe.com awarded SIMMS this honor due to the cleanliness of the inventory software and also because the software is virus free.

cleanaward
SIMMS Inventory Control Software 5 Stars Award

Here is what Softrecipe.com had to say:

SIMMS Inventory Management Software provides control of data pertaining to the receipt of goods, movement of goods within or between locations, the sale, removal or other disposition of goods AND the precise valuation and status of goods remaining in inventory at any given point in time.

SIMMS Inventory Management Software provides your company with a major competitive advantage versus competitors who are unable to access the same strategic information.

SIMMS Inventory Control Software has been designed to accommodate the needs of both large and small businesses. SIMMS Inventory Control Software gives everyone in the company total control and access, depending on the permissions assigned to the user, wherever they are – in a warehouse, in an office, behind a cash register, working from home, working from a remote location half way around the world, in a service truck, in front of a customer, at the loading/receiving dock, or in transit from one location to another.

SIMMS does more than simply automate your inventory control process; it also provides robust materials management. SIMMS Clients enjoy functionality unmatched by any other provider in the market.

With SIMMS, you can get a powerful affordable enterprise solution, right from the start. Now, you finally have the option of giving your business all the help it will ever need in terms of Complete Inventory Control.

An Industrial Parable

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A Japanese company (Toyota) and an American company (General Motors decided to have a canoe race on the Missouri River. Both teams practiced long and hard to reach their peak performance before the race.

On the big day, the Japanese won by a mile.

The Americans, very discouraged and depressed, decided to investigate the reason for the crushing defeat. A management team made up of senior management was formed to investigate and recommend appropriate action. Their conclusion was the Japanese had 8 people rowing and 1 person steering, while the American team had 8 people steering and 1 person rowing.

Feeling a deeper study was in order, American management hired a consulting company and paid them a large amount of money for a second opinion. They advised, of course, that too many people were steering the boat, while not enough people were rowing.

Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the rowing team’s management structure was totally reorganized to 4 steering supervisors, 3 area steering superintendents and 1 assistant superintendent steering manager. They also implemented a new performance system that would give the 1 person rowing the boat greater incentive to work harder. It was called the ‘Rowing Team Quality First Program,’ with meetings, dinners and free pens for the rower. There was discussion of getting new paddles, canoes and other equipment, extra vacation days for practices and bonuses.

The next year the Japanese won by two miles.

Humiliated, the American management laid off the rower for poor performance, halted development of a new canoe, sold the paddles, and canceled all capital investments for new equipment. The money saved was distributed to the Senior Executives as bonuses and the next year’s racing team was out-sourced to India.

Here’s something else to think about: Ford has spent the last thirty years moving all its factories out of the US, claiming they can’t make money paying American wages. Toyota has spent the last thirty years building more than a dozen plants inside the US.

The last quarter’s results: Toyota made 4 billion in profits while Ford racked up 9 billion in losses. Ford folks are still scratching their heads.

Use of Lot Names & Numbers

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Manufacturer’s Lots come with a wide variety of details and information. Some are multi-digit numbers, some are nothing but letters that spell nothing sensible to you. Some are a mix of the two. The use of manufacturer’s lots — and in-house production lots — can add much to the process of inventory accuracy while increasing tracking capabilities of any items so designated.

When receiving items into inventory that will be used on a specific project, the project name and number can be entered in as those items’ manufacturer’s lot information. This simple practice enables the easy selection of the stock for that project or order, merely by looking for the number of items in stock with the specific manufacturer’s lot number.

SIMMS Inventory Management software provides similar tools to further enable the accuracy and ease of item selection. Visit simmssoftware.com today to learn more about manufacturer’s lot tracking.

Inventory Control

There are many benefits to every business for managing inventory properly.  SIMMS Inventory Control Software makes controlling your inventory easy and can be customized for any type of business of any size.  You can feel safe knowing that SIMMS software can easily handle a business that does $99 billion/year in sales.  To stay on top of your business your inventory data must be at your fingertips and be accurate at all times.

SIMMS 2014 Inventory Control Software is so powerful that it can allow you to carry just the right amount of stock so you don’t need to carry safety stock.  You can set reorder points with SIMMS and the software can automatically generate purchase orders when stock is needed to be ordered.

To be an industry leader a superior inventory software solution with advanced features like ERP automation, Kitting, lot control, and Serial Number tracking that is dependable is crucial. We know this from experience; having blown up some of our competitor’s software solutions ourselves.  From our single user version to the 3000+ user SQL Client-Server Edition, SIMMS 2014 Inventory Control Software is the high-performance inventory control and accounting system you’ll never outgrow. SIMMS Inventory Management Software lets you:

  • Achieve 99% inventory accuracy with leading-edge auto ID/barcode technologies to track inventory and ensure disciplined inventory rotation, including expiration date, lot control and serial number tracking.
  • Audit Trail Capabilities, with SIMMS Inventory Software not only do you have the historical data available at your finger tips to tell you how an item got where it is but you can run an audit on a specific widget for its entire live cycle down to the specific serial number, user serial number, expiration date or manufacturer lot.
  • Control your prices and costs easily define unique Vendor Costs and part numbers per Vendor/item, and configure up to 12 price levels for each item or use % discounts per quantity purchased levels.
  • Customize your transaction menus you can even customize your transaction menus per computer enabling you to define what options you wish to be available over and above security settings.
  • Easy Barcoding print barcode labels for your items, customers or locations with easy through SIMMS software.
  • Easy Item Transfers you can transfer individual widgets with specific serial number, user serial number, expiration date or manufacturer lots or a bunch of items from one location to another with ease.
  • Eliminate costly, labor-intensive inventory discrepancies between multiple inventory databases and batch-oriented systems
  • Enhanced Reporting reports can be generated to provide the information you desire including accurate inventory cost reports, stock status reports, sales analysis, purchasing analysis and more, the reports can be exported to PDF, excel or text format in order to empower you with the capabilities to share your reports with your customers with ease. KCSI can also customize your reports for a simple fee.
  • Free yourself from your desk With the SIMMS Windows mobile 5 program you can process Invoices, sales orders, receipts of goods, item transfers and physical counts on a remote Windows Mobile compatible device in batch or live wireless mode. You also have the freedom to print your sales orders via Bluetooth or IP printer right from the wireless windows mobile device.
  • Maximize use of warehouse space with the ability to define item default locations and automatic reorder points.
  • Optimize pick labor efficiency and accuracy and improve customer order fulfillment rates with advanced picking techniques for pick and pass and batch picking activities all with scan confirmation both in the Windows mobile version of SIMMS and the main SIMMS software system.
  • Physical Count Adjustments The physical counts interface is likely the easiest to use in the industry and makes all the behind-the-scenes accounting entries necessary to update assigned inventory accounts and maintain your inventory costing method whether it’s FIFO, LIFO or Average Cost.
  • Satisfy customer demand for integrated value-added services such as kitting, phantom kitting, bills and work orders, compliance labeling and Customized EDI, through the SIMMS Software integrated approach to distribution.
  • Simple Inventory Adjustments easily change stock counts for specific items in specific locations adjusting serial numbers and manufacturer lots as needed without the need to do physical counts for entire locations.
  • SKU Management configures complex automated SKU Generation, empowering SIMMS with the functionality to automatically assign your items SKU codes based on whatever formula you configure in the SKU Manager.
  • Track your stock items and non stock items not only do you have the capabilities of tracking your inventory items with ease but you can also define miscellaneous items and charges in the system giving you the added ability of configuring not for stock items and service charges like labor, travel time etc.

Contact KCSI at sales@kcsi.ca to help you to get SIMMS 2014 working for you as soon as possible.

Giving It All

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One winter, in his leaner days, Henri Matisse decided
to paint a picture of a woman seated at a table, on which
there was a bowl of fruit.

Having spent what was for him a fortune on the fruit, the artist was determined to make it last until the canvas was finished. He let the fire burn itself out and opened the windows. The temperature in the studio plunged.

Matisse donned his hat and overcoat, pulled on his stoves
and applied himself to his task. At the end of the day, he was pleased to note that the fruit had scarcely changed color. The same could not be said for the model, however. Her rosy
complexion was tinged with blue.