Inventory Module & Features

Microsoft Dynamics™ NAV e-Jewelry Software system will run your business in a completely graphical environment utilizing Microsoft® standards and open database connectively to interface with other industry financial software products such as Microsoft® Excel, Microsoft® Access, and others. As the jewelry industry evolves, long-term strategic planning and quick solutions are needed to compete in today’s high-tech marketplace. Why waste time using inefficient software programs that require time and effort to switch from sales to inventory and other functions, when e-Jewelry does it all for you in one complete and interactive package.

Inventory control and tracking are two of the main concerns of many companies. Keeping control of the raw material (diamonds, colored stones and mounting) is very important. Tracking the items that are being manufactured on the floor as well as outside vendors is critical. If you track your inventory by weight, or piece, e-Jewelry will be able to provide you with detailed information about your inventory.

Benefits

With e-Jewelry Software, you can:

• Accurately record the receipt and usage of raw materials & all associated costing
• Track individual finished good pieces by task or employee
• Provide complete diamond lot tracking capabilities
• Loose diamond inventory tracking
• Product BOM configurator
• Automatic or manual raw material consumption

Inventory Card

Microsoft Dynamics™ NAV e-Jewelry focuses on all the needs of the jewelry manufacturer/distributor from first order to final sales and from casting to payments. With the item cards and tabs related to every job and inventory, the complete history of each unique product can be traced. There are no “missing links” or excess paperwork. At a glance, you can change the weight or style of a piece still in the order process, put a piece in consignment, or locate an item on the manufacturing floor.

• Metal type: items based on daily metal price of gold, platinum and silver
• Master style and sub style tracking
• Style components with individual costing
• Diamonds with certificates
• Multiple costing methods: LIFO, FIFO, Average, Standard, Specific
• Bar code print out
• Multiple location capability
• Track finished goods, raw materials and loose stones
• Track inventory by quantity, weight or pieces
• Track inventory with bar code scanners
• Track by lot numbers: If lot tracking is required, e-Jewelry will help you track down diamonds and colored stones by lots and provide you with a complete history of inventory consumption.

Inventory Features

• Inventory Labels – Use this report to print item labels for inventory.
• Item Comments List – Use this report to print comments about items.
• Item Cost and Price List – Use this report to print a cost and price list comparison for items in inventory. This report includes the standard cost, last cost, average cost and the unit price.
• Item List – This report prints a list of your inventory items. This list includes information about the item such as description, costing method, unit of measure, shelf/bin number and quantity on hand.
• Item Tag – This will print the items tags in bar code. The printed tags are scannable. Usually this is used with serialized items (Jobs).
• Item Sales By Customer – Use this report to list the sales for the items you select. This report, lists each item, each customer that bought the item and the quantity that each customer bought during the specific period.
• Item Turnover – Use this report to analyze year-to-date inventory turnover. This report can help you determine which item may be over or under-stocked so you can adjust sale, pricing and reordering strategies. e-Jewelry includes returns in sales and purchase quantities.
• Physical Inventory Count – Use this report to print a worksheet you can use to count or check inventory items. e-Jewelry lists the items u request, an item description, and provides space for you to write in the number.
• Inventory Purchase Advice – Use this report to calculate the weight/pieces of items that need to be ordered from vendor. The system will calculate the needed weight/piece according to the values set up on the ordering tab of the item card.
• On Memo By Item – This report will list all items on memo and the data will be grouped by item number.
• Top Selling Items – User can run this report to check which items have sold the most. A date filter can be specified. This report will show the top selling items ranging from 20 items up to 5000 items. Use can also filter by customer or salesperson.
• Calculate Inventory Value – This batch job calculates the inventory value for the date specified in Posting Date on the request form.
• Daily Invoice Report – This report is used to show total invoicing, credit memo activity or both for a particular day or range of dates. This report shows one line for each invoice or credit memo. If the user wants both, e-Jewelry will show invoice and credit memo activity on separate pages. A detailed version of this report is also available.
• Item Sales Statistics – Use this report to print sales statistics including sales, profits, and costs. The report generates a chart with the following fields: item number, item description, backordered (yes or no), unit of measurement, unit cost, sales quantity, sales amount, profit amount and profit percentage.
• Item Transaction Detail – This report generates detailed purchases, sales and adjustment information about the items in your inventory. e-Jewelry lists transactions by the item they pertain to. If an item has variants, each variant transactions are listed separately.
• Item Catalog – Use this report to display or print a list of inventory items. This report includes item number, item description, item unit price (optional) and item picture.
• Customer Sales By Type – This report will display customer sales and user can filter by item type or metal code; The resulting data will be grouped by customers and totals are also displayed.
• Profit Report By Item – This report will display the profit made on each item and the data will be sorted by item number.
• Adjust Item Costs/Prices – This report allows users to adjust one of the following fields on the item card using specific adjustment factor: Last Direct Cost, Standard Cost, Unit Price, Profit Percentage and Indirect Cost Percentage.
• Adjust Cost/Item Entries – This report adjusts the costs in the item ledger entries to reflect the actual cost of the items.