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Intel® Business Exchange » Solution Categories » Enterprise Resource Planning » iWeb Manufacturing & Inventory
OverviewSolution DetailsWhy this SolutionAbout Company
iWeb Manufacturing & Inventory

The SMB segment can be broadly classified into very small segments, medium segments and large segments. Each category has its own business requirements and the solution needs to be customized accordingly. 

The Manufacturing and Inventory system aims at providing these customized solutions based on the business requirements of the SMB segment.

Features of the solutions are:

  • Organize warehouses into storage zones in order to prioritize selection of locations for incoming inventory.
  • Specify warehouse locations on five levels: warehouse, aisle, rack, shelf and bin.
  • Manage the pick-up of output orders based on shipment planning.
  • Forecast and plan future production based on anticipated sales.
  • Optimize inventory levels by better matching supply with customer demand.
  • Consolidate sales and purchase forecasts into one inventory forecast.
  • Facility to describe storage by using warehouse, pallets and locations.
  • Set aside items in quarantine using quarantine orders, either manually or automatically when receiving items.
  • Provides facility for supplier evaluation based on parameters like price, quality, service and keeps track of the last purchase price of the supplier.
  • Prices and discount agreements can be applied to the supplier master for further transactions.
  • Easy creation of credit notes from invoice journals.
  • Inventory costing is made possible on the basis of FIFO, LIFO, standard cost price, and weighted average.
  • Minimize lead times and satisfy customer demand with flexible scheduling options.
  • Track production/WIP progress and easily make changes to increase production efficiency and reduce total cost of production.
  • Facility for lot tracing/routing is provided for increasing the flexibility to maximize production efficiency.
  • Flexibility to define bill of material quickly and easily up to infinite level.
  • Facility of subcontracting is available where the subcontractor purchase orders are linked to production.
  • Reduce inventory levels through improved production planning and forecast scheduling.
  • Track jobs through the route/job card.
  • Captures attendance and leaves of your employees.
  • Maintain payroll data of employees.

You stand to gain more in your business with a solution like Manufacturing and Inventory system:

Cost Cutting

Can be customized according to the business needs of the organization, making the solution highly flexible. This reduces implementation and customization costs.

Makes Administration and Management of Your Business Easy 

Manage Manufacturing Related Information
Right from selecting your supplier to choosing and purchasing the raw materials.

Manage Inventory
Lets you manage all the processes and documents involved in the functioning of your industry from tracking the goods in its various stages to managing the asset details.

Manage Accounting
Lets you perform and maintain accurate figures of all organizational accounting activities from maintaining a general ledger, creating profit and loss statement to keeping track of the loans and credits.

Manage People Resources
Keep track of your people resources and chart work schedules that make optimal use of workforce available.  Take informed actions with details of leaves and attendance.  Payroll process is made easy with automation.

Reduces Human Errors

As most of the manual tasks like  keeping track of the products dispatched, stores and inventory control, tracking of materials, work in progress, and other shipment related information is taken care of by the solution – it greatly reduces the human error involved.

In brief, the Manufacturing and Inventory system is a one stop solution that offers high flexibility and eliminates the necessity of having to invest in different solutions for different purposes.

iWeb Technology Solutions Pvt. Ltd. (iWeb) is a Private Limited Company incorporated in the year 2005. Using innovative tools, it develops and implements a suite of innovative enterprise applications that operate in an integrated environment and conform to international standards. Although founded as a pure software product/solutions company, it is strategically diversifying as a software services provider to draw on a growing market that wants “Software as a Service” (SaaS). iWeb Technology Solutions products and services are primarily targeted to serve the small and medium enterprise (SME) segment, enabling them to automate, integrate, customise and implement best-in-class business processes.

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