Inventory 2016-11-14T10:47:42+00:00

MISys Manufacturing is on a Mission to Get Rid of your Inventory.

Other systems help you maintain an inventory. MISys is designed to help you maintain NO inventory.

MISys Manufacturing Software Inventory - Bar CodingLike other inventory systems, MISys can tell you what you have in stock and where its located. For MISys Manufacturing customers, that's simply not enough. Our customers enjoy a typical savings of 25% in inventory carrying costs because MISys has the ability to order only what you need, when you need it.

Install the "Basic Manufacturing" module and discover powerful inventory capabilities that will:

  • Maintain Detailed Inventory Data
  • Record detailed stock status for all inventoried items
  • Track inventory in multiple locations
  • Choose decimal precision for fractional quantities and costs
  • Maintain inventory levels with minimum, maximum, and reorder points
  • Instantly display transaction history, where-used (BOM implosion), and outstanding order status
  • Embed detailed item notes, or attach a word processing document and picture to any item record
  • Associate a unique set of general ledger accounts with each item, or class of items
  • Transfer manufacturing sub-ledger entries to a General Ledger at fiscal period end
  • Maintain resources such as supplies, labor, and overhead
  • Identify any number of qualified suppliers and manufacturers with any item
  • Track standard, average, recent, FIFO, LIFO, and last supplier costs
  • Import and export data from/to other systems to speed setup and data analysis
  • Track quantity and cost history for each item
  • Value stock on hand, in reserve, in WIP, and on order, instantly
  • View stock status at an unlimited number of stocking locations
  • Roll-up standard costs automatically; revalue inventory at any time
  • And more...

And that's just the beginning. MISys is designed to grow as you grow, when you need additional power, simply plug in a new MISys module. MISys offers advanced functionality in the following modules:

  • Basic Manufacturing This is the comprehensive building block for the modular MISys Manufacturing system. Control inventory levels of raw material and WIP, Use multi-level bills of material, revise BOM's, conduct physical inventory cycle counting, and process production work orders.
  • Advanced Purchasing - Analyze material shortages and automatically create all of the purchase orders needed to replenish inventory.
  • Advanced Production - Predict the cost of every job and track performance as manufacturing orders for standard assemblies or special one-off items move through the shop.
  • Material Requirements Planning - Determine purchasing and production needs by analyzing current inventory, open orders and sales orders to spot impending shortages and respond by creating purchase and production orders.
  • Shop Floor Control - Accurately predict production costs based on estimated material, labor, and overhead, and then analyze the actual production costs.
  • Serial/Lot Tracking - Track serial or lot numbers throughout the entire purchasing and production process to comply with strict regulatory agency requirements, including FDA and FAA.
  • Bin Tracking - Maintain a unique inventory sub-location for every item or assembly as raw materials, sub-assemblies, or finished goods in specific containers.
  • Labor Tracking - Track the elapsed time production workers spend on selected Jobs and Manufacturing Orders and automatically post to the Manufacturing Order.
  • Bar Coding - Print and collect bar coded data with hardware and software provided by MISys to seamlessly integrate with inventory control functions.
  • Custom Reporting - If your needs are modest and your expertise is limited, then you can use MISys Query to create a quick report without having to learn about relational databases.
  • Mobile Alerts - Send critical alerts to smart phones or any mobile device capable of receiving wireless email messages.

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Texas manufacturer realizes 50% reduction in inventory levels, improved production management and stronger gross profit margin. Reduced inventory levels from $800k to $400k inside of 14 months from going live. The cash that has been freed up has been critical to the operations of the company... Read More