Description

In any industry today inventory movements between companies or between warehouses are common operations. It’s really hard to track each movement and its corresponding records. Especially when there are more companies doing transactions with each other, it becomes painful to manage track records for companies.

We have developed a solution called “Inter Company Transaction” which helps to manage all transactions between companies in an automated way. All required documents will be created automatically by just a single click. Users can get all historical transactions (deliveries, receipts, invoices, vendor bills) very easily.

Special feature ( Stock + Inter warehouse transfer)

Pick the available stock first and the rest will be picked up from other warehouses of the same company. When a sales order gets created, it will reserve available stock and for the rest, it will create inter warehouse transaction records between the sales order’s warehouse and the other warehouses where the stock is available. inter warehouse transaction will be created based on the inter warehouse channels configured in the system.

Key Features

Inter Company Channels

Each company can configure its source from where they will purchase as and when needed. More than one channel can be configured and the system will pick the right one according to priority.

Inter Warehouse Channels

Each company can configure its source warehouses from where they will replenish stock as and when needed. More than one channel can be configured and the system will pick the right one according to priority.

Inter company transfer

It allows stock movements between companies by creating sales orders in the fulfiller company and purchase orders in the requestor company. Along with stock movement it will take care about accounting documents.

Inter warehouse transfer

It allows stock movements between warehouses of the same company by creating two step pickings (Source -> Transit -> Destination) or direct transfer (Source -> Destination) in a single step (based on configurations).

Auto create Inter Warehouse Transaction

Companies can configure when an inter warehouse transaction needs to be created automatically (create Inter warehouse when receive sales order, when there isn’t enough stock for all products, when there isn’t enough stock for any single product, manually)

Auto create Inter Company Transaction

Companies can configure when an inter company transaction needs to be created automatically (create Inter company when receive sales order, when there isn’t enough stock for all products, when there isn’t enough stock for any single product, manually)

Direct delivery to customer

It’s similar to dropship, if the requestor company wants to deliver orders to customers directly from the fulfiller company then the fulfiller company will deliver orders directly to customers instead of the requestor company’s warehouse.

Automatic documents processing

There is an option in the channels / inter company transaction which will process all the documents according to the configurations. Based on the configuration system will create / validate all the documents.

Easy return management

Helps to manage inventory return process, there is an easy interface from where users can return stock to companies or warehouses.

Easy import feature

Helps to create inter company and inter warehouse transactions record by importing simple csv files.

Features

	Inter company transaction will create sales order in fulfiller company and purchase order in requestor company

	Allow to create inter company transactions automatically based on channel configurations. The requestor company can configure from which companies they want to purchase stock. It can be more than one, using priority users can define which one has to be picked first.

	Companies want to create inter company records or not, it is based on configuration in the company. At the time of sales order confirmation system will check the configurations in the company whether it needs to create inter company records or not. Create inter company records when there is no stock of all products. Create inter company records when there is no stock of any single product. Always create inter company records. Create inter company records manually.

	Allow to create inter warehouse transactions automatically based on warehouse channel configurations. The requestor warehouse can configure from which warehouse they want to replenish the stock. It can be more than one, using priority users can define which one has to be picked first.

	Companies want to replenish stock from the other warehouses of the same company or not, it is based on configuration in the company. At the time of sales order confirmation system will check the configurations in the company whether it needs to create inter warehouse records or not. Create inter warehouse records when there is no stock of all products. Create inter warehouse records when there is no stock of any single product. Always create inter warehouse records. Create inter warehouse records manually.

	Separate invoice numbering management for requestor and fulfiller companies.
	Easy control over pricing. Pricing effect will remain the same in all the documents.
	Automatic creation & validation of sales order, purchase order, customer invoice, vendor bill.
	The fulfiller company offers delivery direct to the requestor company’s customer then it’s possible to manage by just configurations.

	Stock can be transferred between warehouses of the same company with two steps (fulfillment warehouse -> transit location and transit location -> requestor warehouse) or single step (fulfillment warehouse -> requestor warehouse).

	Users can create reverse transfer easily from the inter company or inter warehouse screen. System allows for partial or complete reverse transfer.

	Easy and flexible navigation between documents.
	Easy import features to create inter company transactions or inter warehouse transactions.