Exact Progression's Advanced Distribution (ADV) application consists of a set of five specific functions: Landed Cost, Receiving Inspection, Hard Allocation, Multi Bin, and Confirm Pick.
Landed Cost capability enables you to calculate all costs, in addition to the cost of the product, normally associated with purchasing and receiving materials in-house for resale or production. Receiving Inspection aids your company in identifying items that need to be inspected; allows inventory to be tested, scrapped, or returned to vendor with the necessary cost accounting; and provides information for evaluating vendor quality performance. Hard Allocation allows you to commit specific serial, lot, and/or bin numbers to an order during the order entry process. Multi Bin permits easy location of parts, effectively uses available physical space, and minimizes labor cost of locating inventory. Confirm Pick updates the quantities of on-hand and allocated items by location.
This functionality provides added benefits and value to the way your business manages its operations. It contributes by accurately calculating the total cost of your products, alerting you to items requiring quality inspection, allocating items appropriately for different customers, minimizing labor cost and misallocated physical space, and correctly tracking inventory quantities.
