ORDERING, STOCK AND WAREHOUSE

FLP® Ordering, Stock and Warehouse business model lays down a well-defined procedure for stock-in and stock-out. FLP® Ordering, Stock and Warehouse business model is the solution you need to control your inventory. The neat interface is a clear procedure to communicate every department staff. They easily know what to do next, whom they need to contact and what documents to use, all being done online.

Though many companies feeling unsatisfactory towards their current IT system, they still reluctantly continue to use it. The tolerance stems from the software market where the software packages are offering quite a similar approach, one claiming more efficient than the other. The other commonly problem is companies buying from a distributor, reseller or dealer who have limited access to the source code. They have many reasons to convince you to live with the off-the-shelf software. We believe the correct attitude in computerization is firstly the commitment of heavy involvement of both the user and solution provider, and secondly the process of accumulating user requirements for software adaptation or customization. Bear in mind that on one software package can fit two companies, even though they are engaging in the same industry selling the same product.

Therefore the success of implementing a successful warehouse system to control stock-in and stock-out depends on the mindset of the company decision maker who needs to firstly select solution, not 'off-the-shelf' software package, and secondly true developer, not distributor or reseller.

FLP® Ordering, Stock and Warehouse business model adopts a clean approach to handle your stock. Without requiring prolong training, your frontline staff will have no difficulty to use it. The concept is very simple: inventories have 3 states: 'stock-in', 'stock-out', 'stock'. Your company will receive stock via purchase order, return materials, sales returns, swap products, etc: all being 'stock-in'. Likewise, sales delivery, vendor repair, on-loan, purchase returns, etc: all being 'stock-out'. Such a neat approach streamlines the complicated stock model when you first think it is extremely difficult to deal with it. 'Stock-in' minus 'Stock-out' is your 'Stock'.

FLP® Ordering, Stock and Warehouse business model lets your issue a purchase order with sever clicks. You data entry 'stock-in' when goods arrived, matching the received item model and quantity against the purchase order. You can further match the ordered unit price with the purchase invoice. Should discrepancy be found, the system will alert you to take appropriate actions. Once the procedure is communicated across all departments, error and omission will be reduced. Goods-in has to be assigned a storage location (warehouse). Internal transfer is essential a 'stock-in' and 'stock-out' for receiving and delivering warehouse respectively. Scrap or shortage are the other 'stock-out'. Each transaction is being logged by a document in the system, so naturally as if you were filling in a form.

FLP® Ordering, Stock and Warehouse business model also provides a powerful enquiry function, thanks to the IBM® Lotus® Domino® technology which is being used by FLP®. Note that the whole business processes absolutely demands no posing, no updating. You can comfortably anywhere and anytime know what stock and how much in which warehouse and every in and out. The deficiency in many inventory software in the market is the IT way of handling inventory and warehouse. The administration department while requiring a report demands the IT department to perform update. However, the time schedule may not be allocated and the request will not be entertained until next week. Some software package claiming easy-to-use updating. Bear in mind that accountants and IT executives are carrying different talent and knowledge. Bad news is accountants may not have performed some procedures and pressing the update button. What's next? If not disastrous, there is an undiscovered error until year end audit date and long recovery time.

The tremendous efficiency that FLP® Ordering, Stock and Warehouse business model brings about makes every staff of your company more productive. The morale that FLP® brings to your company is an invaluable return on investment.

FLP® is a comprehensive solution. FLP® Accounting Manager seamlessly integrates with FLP® Ordering, Stock and Warehouse business model and every purchase and sales invoice of the shop outlets is automatically recorded in the double entries and reflected in accounts payable and accounts receivable.

No Delay in Stock Information
FLP® Ordering, Stock and Warehouse business model provides a collaboration platform where communication is fast and clear.

Clearly Laying Down Procedures
FLP® Ordering, Stock and Warehouse business model guide the users step by step, using the intuitive user-interface.

Reduce Error and Omission
Human error or oversight are reduced to the minimum.

Warehouse Stock On-Line
You can anytime and anytime log in the system and enquire the stock and warehouse status.

Closing Stock Figure
Year end stock take can be easier as you always have the closing stock by item and amount on hand.

Lower Operating Costs and Higher Efficiency
The efficiency and morale that FLP® Ordering, Stock and Warehouse business model can bring helps your company more competitive.

Accounting Entries Immediately Done
The FLP® Ordering, Stock and Warehouse business model requires you no additional effort to do the double entries which are automatically completed for you.

 



 

FLP® unveils company earning potential and development
'Capital'; Vol 210, November 2004.
Read the article (PDF, 0.5 MB)

FLP® solutions can be tailored to seamlessly collaborate and integrate users, departments, processes and data
'Economic Digest'; 2004-07-31.
Read the article (PDF, 0.5 MB)

FLP® five strong features help you earn every business opportunity
'Capital'; Vol 207, August 2004.
Read the article (PDF, 0.5 MB)

 
 

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