Bill of Materials (BOM) Set up Bill of Materials up to 8 layers deep, specifying the raw materials and their substitutes in order to track the real costs of goods manufactured. A BOM can be adjusted later when actually recording the issuance of raw materials into production to reflect the real use of inventory. Materials Resource Planning With BOMs, purchasing team can easily call a report to see the quantity of raw materials additionally required to fulfill sales orders. Instantly create a Purchase Request from the inventory balance report and save time. Manage complicated inventory Handle products with lot or serial number, and expiry date; those with parallel units; and those sold as set. Track costs per unit, filter by time period to monitor expiring stocks, get reports with balance quantity and costs, and more
Aging Stock Report Similar to aging reports in sales and purchasing modules, Stock Aging report displays quantity and costs of inventory by their life span over a selected duration of time (days). Keep an eye for those that stay in your store longer than should: a potential signal for sink costs. Stock Card Report A standard must-have report that reflects the movement of all stocks in and out of your stores. Display both quantity and costs as well as units selected. Filter by time period and more to narrow down the data or export to excel sheet for further analysis. Stock Movement Report Track inventory movement in-and-out of all stores as well as balance quantity and costs. Further analyze fast-moving inventory, suggesting a group of best-selling products and to be aware to re-order. Monitor non-movement inventory to avoid any dead stock, the potential sign of sinking costs. Keep an eye on received-only inventory as this may suggest an abnormal purchasing behaviors.
Interface with popular production-related software …such as Production Planning, Material Resource Planning, and Warehouse Management systems. Flexible with data exchange with external systems, regardless of the size, building an even more robust back-office engine to power your production capability.
Handle Work-In-Process (WIP) inventory For a rather long production process, record a receipt of goods in the middle of the process to always know the costs of goods on hands in the store. Receive WIP goods multiple times over the time of production to keep accuracy of the project’s costs, reflected in the reports real-time! Costs by Project See total costs of a project, from all the inventory issued and converted in the production process and other overhead and additional expenses combined. Compare with the budgeted amount to reflect on the past performance.
See How MAC-5 help businesses like yours
We use MAC-5 in all modules and all features. Inputting is quite easy.
MAC-5 greatly aids us to issue financial statements, fiscal closure, of the latter which we can repeat as many times as we’d like. Other software cannot do that for us.
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