While the Inventory application can be used on a stand-alone basis for controlling inventory transactions, when used in combination with other Rubicon applications, it becomes part of an integrated system that provides complete control of your business's data, from point of original entry through summarization for financial reporting. The Inventory application provides personnel with the ability to enter, process and report on inventory adjustments, stock status and inventory distribution information. Comprehensive tracking of Lots, Reels, or Bins is provided. LIFO and FIFO, as well as standard, average and specific lot costing methods are available within the inventory module.

Specific features of the Inventory application are:

• Enter, change or delete item or site records
• Review item or site records-via display
• Lot/Reel/Bin tracking
• Kit Processing
• Serial number / warranty tracking
• Process inventory transactions
  • Receipts
  • Shipments
  • Customer returns
  • Vendor returns
  • Shrinkage and scrap adjustments
  • Intra-company transfers
  • Inter-company transfers
  • Vendor on-order quantities
  • Bin/lot transfer
• Separate stocking and pricing units of measure
• Warehouse location tracking
  • Location maintenance
  • Location inquiry
  • Completely integrated with lot/reel/bin tracking
• Costing Options
  • Standard
  • True weighted average
  • Actual Lot
  • Costs may be company-wide or by warehouse
  • Individual sites may be excluded to isolate drop shipments or consignment inventory
• Comprehensive transaction tracking with inquiry
• On line inquiry of transactions
• "Control Card" display showing item history
• On line inquiry of lot/reel transactions
• Salesperson Inquiry
  • Check stock status
  • Display projected availability of inventory
  • Customer's historical purchases
  • Customer commitments
  • Allocations against specific lots
  • Vendor orders
  • Vendor history
  • Extensive lookup capabilities
  • Automatic part number cross-references
  • Substitute items, related items
  • Locates specific lot/reel/bin by quantity
  • See current outstanding quotes
  • Record notational customer quotes
  • Record vendor quotes with quantity and delivery information
• Inventory reports
  • Adjustments
  • Stock status
  • Price and valuation
  • Re-order stock level based on current on-hand
  • Re-order report based on projected availability
  • Critical stock level
  • On order (with vendor)
  • Inventory Turns
  • Ranking by revenue and profit
  • ABC Analysis
• Unit of measure family codes
• Cycle counting
• Physical Inventory processing
• Year-end analysis
• Complete General Ledger Interface