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Have you outgrown your current stock system, or is it restricting your growth and stopping you being able to meet customer demand? Do you know the precise location of your stock and it’s value? Or perhaps your legacy stock management system isn’t integrated with purchasing and manufacturing leading to inaccurate decision making and cash flow issues.
The Stocktake application available in Opera 3 gives you a precise overview of your stock. It integrates with purchasing and manufacturing so accurate decisions can be made, and helps you meet customer demand and delivery dates for optimum customer service.
"Stocktake means we always have a live view of where our stock is at any one time. This in turn allows us to exercise greater agility in responding to our customers’ needs, boosting customer service and assisting with our cashflow"
Paul Trotter, Limelight Entertainment
Stock takes are an essential part of maintaining the accuracy of a stock control system. Knowing that your stock levels are accurate means that you can take sales orders from your customers, confident that your delivery dates will be met. That's exactly what you get with the Inventory Manager feature.
Stocktake Profiles can be defined that assign common attributes to determine how stock items are processed in Stocktake. It’s possible, for instance, to define acceptable tolerance percentages where actual quantities found during a stock take can be different to the quantities held in Opera 3, but if they fall within those tolerance levels, a balancing stock adjustment will not be made.
Each stock item that has a different physical quantity compared to that held in Opera 3 Stock Control will generate a stock adjustment posting, bringing the Opera 3 stock levels up to date. This could result in either a reduction or an increase in stock levels.
Stocktake for Opera 3 eliminates the need to post adjustments individually, which is time-consuming, and helps maintain stock levels accurately. By identifying any movements not accounted for by normal processing, it helps to pinpoint the rate of loss, the cost implications and any discrepancies which, for example, could be a direct result of damaged goods.
Stocktake extracts product information from Opera 3, so that stock items can be allocated to worksheets for a manual count. See it in action!
