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Core Features - Inventory Management


EatecNetX automatically records and tracks all inventory activity with respect to purchases; inter-location transfers; inter-site transfers; depletion due to production, sales, and spoilage and loss; and physical inventory variance. Users can print physical inventory sheets in any format, or use a hand-held inventory terminal to facilitate the process. Spoilage and loss may be recorded by individual item or for a recipe as a whole.

EatecNetX maintains a quantity on hand cost and valuation for each item by location (in multi-outlet operations). Inventory valuation is based on a weighted average, taking into account purchase history and quantities purchased at each price.

Multi-outlet operations may view the quantity of each item in each location on the screen. Requisition and transfer functions are used to move product between locations. The sending location inventory is debited, with the receiving location quantities and value automatically increased. In instances where items are to be expensed at the time of transfer, rather than going into the receiving location inventory, EatecNetX's transfer out function easily accomplishes this goal. Comprehensive reports are available to analyze inventory activity. Data may be filtered by date range, inventory type(s), custom list, and/or location(s).

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