Easy-to-use advanced tools and options for the management of the life cycle of your inventory items.
As a distributor, you know that the life of an inventory item can be fleeting. New items may be developed, sourced, brought to market, and then sold to exhaustion before being removed from inventory altogether - sometimes in a matter of months, or even weeks. Your inventory management systems need to reflect this style of operation – and that’s where the Trinity Item Life Cycle module for Dynamics GP comes in. It's a great feature of the Trinity Distribution Suite.
Key features and benefits of Item Life Cycle for Dynamics GP include the following:
You can define an unlimited number of item statuses. A code and description can be assigned and rules defined as to whether items in this status can be sold at all, sold only when in stock, and/or purchased.
An extra option allows a status to be assigned from within the standard Dynamics GP window. Statuses can also be assigned by range of items, generic codes, or item classes. Further options available include only those items currently without a status, or items already assigned to a specific status.
Additional information is available in the inventory look-up to show the current status of the inventory item.
Sales & Purchase Transaction Entry module will response to the parameters set in Items Status Maintenance. For example, if an item has been temporarily withdrawn or is still under development, not only can you disable the ability to sell the item, but users will also receive a clear explanation of the reason for non-availability.
The key features included in the Trinity Item Life Cycle module will benefit your inventory management process and business operations in the following ways:
Easy Withdrawal of Products – As an additional quality assurance tool, problem items can be immediately withdrawn from sale without the necessity for posting stock transactions. QA problems can be categorized and an analysis of the consequences of withdrawal can be undertaken.
Track Products Via Item Status – Where new items have to undergo a series of states before they can be brought to market, then item status can be used to provided a simple progress tracking tool.
Easy Identification of Product Ranges – New product ranges can be launched quickly and effectively into the sales cycle, while also being clearly as a new range if required.
Item Run Down Facility – Item ‘run down’ facility can be conducted in an orderly way. The sell-off of stock balances can be encouraged with the confidence that purchase cannot accidentally re-order.