Purchased Item Inventory Control
Take full control of your inventory with QT9 ERP. Manage stock levels, reduce errors and ensure traceability across all locations with live data and automation.
Real-Time Inventory
Instantly see what’s in stock across locations.
Reduce Stockouts
Set reorder points and automate alerts.
Greater Accuracy
Utilize barcode scanning and system integration.
Lower Carrying Costs
Optimize stock levels to reduce excess inventory/storage costs.
Lot/Serial Tracking
Maintain traceability with full lot and serial number control.
Integrated Accounting
All accounting for inventory transactions is automated.
What is purchased item inventory control?
Purchased item inventory control is the process of tracking and managing raw materials and components from the moment they are received from suppliers through storage, allocation to production and final use. Effective control ensures manufacturers always know what materials they have on hand, where those materials are located and how they are being used in production. It helps manage supplier costs, maintain material traceability and prevent shortages or expired inventory from disrupting operations.
QT9 ERP’s Purchased Item Inventory module lets manufacturers manage purchased materials with complete traceability, integrated cost tracking and real-time visibility across purchasing, inventory and production.
Interactive Video Demo
QT9 ERP Inventory Control Demo
Purchased item inventory control that drives procurement excellence
QT9 ERP's Purchased Inventory module delivers the precision and intelligence manufacturers need to manage raw materials and components from supplier to shop floor. With comprehensive traceability, sophisticated cost analysis and seamless supplier integration, you'll transform purchased item management from a reactive necessity into a strategic advantage.
What makes QT9 ERP Purchased Item Inventory Control different?
Easy to UseQT9 ERP provides a user-friendly interface that seamlessly connects purchasing, inventory control and manufacturing.
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Full TraceabilityMaterial handling for job materials is done through the QT9 ERP Shop Floor Manager using a barcode scanner to accurately scan purchased item inventory into jobs. Purchased-item inventory detail screens show complete traceability about who you bought your material from and when and what jobs used that lot. |
Unlimited location trackingPurchased item inventory can be tracked in unlimited locations and sub -locations in QT9 ERP, allowing you to easily have an organized view of where material inventory is located within your warehouse. |
Built-in cost evaluatorUse the purchased inventory cost evaluator to see the variance from material standard cost to purchased inventory costs to ensure your standard costs are in line with purchasing behavior. |
Simplified trackingTrack purchased item inventory directly from your PO receiving, which enables accurate cost tracking and provides data, such as supplier lot numbers, for cross functional traceability. Easily run a purchased-item breakdown that will show all available and unavailable lots, quantity on order, quantity allocated to jobs, usage history, receiving history and what parts the materials are used in. |
Expiration trackingQT9 ERP Purchased Inventory also allows you to track expiration of your purchased materials. This not only is important for FIFO/LIFO, but for FEFO (first expired first out). Get email alerts on soon-to-expire inventory and even set up auto-allocation of materials by FEFO to scheduled jobs ensuring that your inventory is fresh and usable. |
Simplify inventory with inventory control software
Explore the core features manufacturers trust to monitor inventory, streamline logistics and keep teams in sync, all in one platform.
Multi-Location View
Monitor inventory across multiple warehouses in real time.
Barcode Scanning
Use barcodes for receiving, transfers, cycle counts and more.
Lot Tracking
Track inventory by lot number for full traceability and compliance.
Serial Numbers
Assign and track unique serial numbers per unit for high-value items.
Cycle Counting
Streamline inventory checks without halting production or shipping.
Reorder Alerts
Set min/max levels and get alerts when it’s time to restock.
Inventory Valuation
Track inventory value using FIFO, LIFO or average cost methods.
Transaction Logs
View a full history of receipts, moves, adjustments and usage.
Cross-Module Sync
Sync inventory with purchasing, sales, production and shipping in real time.
Ready to transform your purchased inventory control?
QT9 ERP's Purchased Inventory module gives you the visibility, control and intelligence to optimize procurement while maintaining the traceability and compliance your industry demands. From receiving raw materials to tracking them through production, every feature is designed to reduce costs, prevent errors and support informed decision-making.
Everything You Need to Run Manufacturing in One ERP Platform
FAQ: Inventory Control Software
Inventory control is the process of managing a company’s inventory from the time it is received to the time it is disposed of, whether on the shelf, in transit or in production. The goal of inventory control is to ensure there is always enough stock on hand to meet demand without carrying too much stock that the cost of keeping it eats into profit.
Inventory control software centralizes and streamlines inventory control processes, tracking and managing inventory so a business can quickly know what stock it has. The software gives users detailed information about inventory on hand, including what, how many and where located. That data is integrated with sales, purchasing and accounting processes to streamline order fulfillment and fuel related business activities.
Inventory control software simplifies and centralizes basic inventory management processes and provides visibility into stock levels, helping companies avoid overstocking and stockouts.
More advanced inventory management software offers real-time insights into a business’ inventory, allowing it to be more agile and make more impactful decisions.
Major benefits include:
- Cost savings
- Increased productivity
- Production optimization
- More accurate financial reporting
- Greater customer satisfaction
QT9 ERP automates all of your inventory management processes, gives you real-time insight into stock levels and locations, and provides advanced features that help you integrate inventory control into the success of broader operations.
With QT9 ERP you get:
- Real-time, centralized inventory control
- Barcoding and scanning
- Warehouse management
- Bill of Materials (BOM) tracking
- Lot and Serial Traceability
- Manufacturing operations integration
- Job scheduling
- Supply chain management
QT9 ERP seamlessly integrates with QT9’s highly rated quality management system (QMS) software. What’s more, you’ll get unlimited training, unlimited customer support, free software updates and tailored implementation support.
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