Why MILLENSYS Inventory?

Web based Inventory Management Solution

MILLENSYS Inventory and supply chain Management module " Part of MILLENSYS ERP " is a smart web based software solution to manage multiple inventories from different sites in one application and can cover all the issues of inventory costing including both the online costing and the ability to reverse posting and treat all the dependencies of that reverse posting for all the issuance, receipt and transfer transactions.

With MILLENSYS Inventory, you can reduce the carrying costs and to track products and parts as they are transported from a vendor to a warehouse, between warehouses, and finally to a retail location or directly to a customer and used to maintain a balance between too much and too little inventory, track inventory as it is transported between locations, receiving items into a warehouse or other location, picking and packing and shipping items from a warehouse, keeping track of items and product sales and inventory levels and it can help avoiding missing out on sales due to out-of-stock situations. All this with a comprehensive web-based enterprise management of your financial operation from anywhere and at anytime you can access your data, it doesn't matter if you are using a PC, notebook, tablet, iPAD or any smart phone.

Supply Chain Management

Never have over stock or shortage !

  • Storage in the MILLENSYS Inventory Management Module covers the main warehouses, warehouses, zones and racks with multi options for allocation.
  • Online items balancing as well as transaction date balance for all warehouses, zones, racks, batches and expiry date levels.
  • Multiple units of measurement.
  • Warehouses' volume capacity management and the ability to process an on-line capacity forecasts based on the current balance volume and all the future orders and requests affecting that balance from all the other modules (AR, AP and Production Control).
  • User defined transactions and the authorized issuance and receipt parties.
  • The ability to create the issuance and receipt parties by the integration with other modules (RIS,LIS,AR, AP, Production Control, HR … etc)
  • Integration Management with the General Ledger Module based on warehouses or items and the issuance or receipt parties covering all the level of details.
  • Inventory tracking management.
  • Minimum, maximum and ordering levels management.
  • Cost adjustment treatment with the sales price list in cases of cost revaluation losses.

Smarter Business with Intelligence

Leverage profitability

Adding MILLENSYS Business Intelligence module " MiAnalytics " , leverages the value and data presentation of the outcomes from the warehouses, supply chain and all inventory management cycle with a web based business intelligence software that allows users to create dashboards, visual analyses and reports using data from multiple sources.