Efficiently manage your inventory to maximize profits and turnover.
Serial Number Tracking
Use Serial Numbers to track big-ticket items or to track item warranties.
Lot or Batch Number Tracking
Keep track lots of materials, such as cut steel, or track batches of manufactured items for ease of recall.
Upsell or Suggest Related Items
Boost sales by recommending related items or suggesting Up-Sell items when processing sales documents.
Process Item Quantities Using Dimensions and Package Factors
Eliminate waste and diminishing margins by entering dimensions to accurately calculate the required values for box or packaging volumes.
Create quantities by entering Dimensions when processing all sales documents, dimensions can be set as an entry field or as a factor. Additionally, you may enter multiple dimensions for one sales item line, to illustrate this will allow you to take measurements for 10 different sizes of glass in one sales line with the dimensions automatically printing on the sales order.
Extended Item Descriptions
Create slick, professional sales documents by adding an extended item description to inventory items.
Use buyouts to purchase non-regular items and capture the cost at time of Sales Order or Time of Invoice for accurate Gross Profit Reporting.
Print or Display Item Images on Documents
People process visuals 60,000 times faster than text. Palladium allows users to include product images in quotes or for a salesperson to view them at the time of sale.
Control inventory and wastage by repackaging items with full validations checking Item weights and lot numbers to ensure that every gram is accounted for.
Attach Documents on the fly with Items Sold
Attach files to emailed sales documents on the fly, strengthen customer services and sales through attaching brochures, warranties or specification documents.
Inventory Reorder Optimisation & Forecasting with Vendor Lead Times
Forecast Inventory Usage and set minimum and maximum reorder levels, factoring in Vendor Order Lead Times and Safety Stock Factors.
Palladium allows you the ability to effectively manage your Inventory Reorder Points by calculating the usage over a defined period and recommending the new reorder points that can be amended and updated at the push of a button. This function can be done per warehouse or across all warehouses for a centralised purchasing function.
Optimise Inventory Ordering through Vendor Order Form
Order Inventory from Vendors form an informed point of view by having all pertinent information at hand to purchase the correct quantity at the correct price using the Palladium Order form found in the Purchase Order and Purchase Quote functions. At the press of a button you can filter by Vendor, Inventory Category, Inventory Location or even by Customer Pricelist. View on-hand quantities, sales for the last Year, Month as well as a recommended order quantity.
Item Requisition & Issue
The Internal Requisition and Issue function allows employees to request Inventory for Internal Consumption, with these costs being allocated to a specified cost account. The fact that this is a 2-step process facilitates the request/approval process with a Requisition being printed for better Store control. In addition, you can also post the Costs to Projects.
Delivery Charge Maintenance
Charge clients based on the order weight (actual or volumetric), number of packages, number of pallets, distance to the client and even use a combination of the above.
Item Copy & Numbering Conventions
Palladium has the ability to set Item Numbering Conventions for both Inventory and Service Items. This ensures that numbers are created based on company standards ensuring ease of processing. Segments can include Units such as Length or Type with you having the option to include or exclude the Item Hyphen Separator as part of the code or not. This function is supported by the ability to renumber your existing inventory Items and the ability to create an item by copying from another to speed up the item creation process. New Items can also be imported from Excel.
Conduct full or periodic stock takes manually, or with the aid of hand-held scanners. Perform first and second counts with full “compare” facilities, then simply update.
Manage Repairs & Related Repair Costs
The Item Repair Function allows users to set up a default Repair Cost by item. When an item is returned, using the Credit Note Authorization Function, they will have the ability to Select Repair as depicted in the screen below. Once the Repair option has been selected, the return cost will default to Zero and a Sales Order will be created on the fly reflecting the Item Repair Cost in order to track outstanding repairs effectively.
Inventory Enquiry Button & Weights on Processing Documents
Perform inventory enquiries and view item weights on all processing documents.