physical inventory close of physical inventory or cycle counting process ... • update options...
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F l e x i b l e C y c l e C o u n t i n gWith Physical Inventory you can take comprehensive,
enterprise-wide physical inventory counts, or count
smaller numbers of items with greater frequency. The
system dynamically recommends items for cycle counts
based on user-specified criteria. By counting items
more frequently, you improve inventory accuracy and
avoid costly errors in material planning and scheduling.
You may also completely eliminate the need for the
annual physical inventory. The system incorporates full
capabilities for physical inventory variance
reconciliation, results and impact reporting, and
perpetual inventory updates for single, user-specified
locations or your entire enterprise.
C l o s e d - L o o p P r o c e s sPhysical Inventory provides a full-structured, closed-
loop process for counting, reconciling and updating
inventories. Flexible freeze options allow your business
operations to continue while inventory counting is
underway. Exception reports notify you of potential error
conditions when the counts entered conflict with existing
data.
A c c u r a t e I n v e n t o r yAccurate inventory quantities are essential for effective
planning and control of your production and distribution
processes. The annual physical inventory process can
be a costly and time consuming event, diverting your
company’s precious resources from its main goal -
producing revenue. Physical Inventory helps your
company efficiently manage this necessary counting
and reconciliation process with minimum disruption.
V a r i e t y o f R e p o r t i n g C a p a b i l i t i e sPhysical Inventory provides a variety of comprehensive
reports, including a missing tags report, variances
reports for both interim and final counts, and financial
impact reports. These help manage, reconcile and
audit the physical inventory process.
Physical inventory data can be retained as long as
necessary, providing the ability to audit and verify
historical data.
C y c l e C o u n t A u t o m a t i c Q u e u e G e n e r a t i o n• System-selected items for counting
• User-defined intervals by ABC class
• Cycle counts by commodity code
• User may accept or modify all eligible items
• Multiple concurrent cycle counting
• Cycle identifier controls each cycle
I n v e n t o r y Ta g G e n e r a t i o n• Generates tags for all items for full physical
inventory
• Blank tags for unplanned items and quantities
• One tag each for every unique item, quantity, lot or
serial combination, physical inventory or cycle
count
Outstanding customer service and optimum manufacturing productivity require accurate, up-to-date inventory
information. glovia.com Physical Inventory provides this information through an automated process that minimizes
disruptions to business operations during the physical count process.
Streamlining the physical count process for minimum disruption to your business.
Physical Inventory
G L O V I A . C O M
PhysicalInventory
Engineering Inventory
Costing FIMGeneralLedger
I n t e g r a t i o n
Worldwide & Americas Headquarters
Glovia International,1940 E.Mariposa
El Segundo, CA 90245-3457
Tel: +1 800 223-3799
+1 310 563-7000
Fax: +1 310 563-7300
For further information and
regional locations please visit:
www.glovia.com
or contact:
DATAPHY0202
Glovia International
Visit our Web site at www.glovia.com.
With offices worldwide, Glovia International is the leading provider of e-commerce solutions and world-class
services for the digital marketplace. It is the only company to deliver a robust suite of business-to-business
“transaction applications” that are fully scalable and seamlessly integrate with existing enterprise systems. With
customers like Dell Computer Corporation, Panasonic, and Caterpillar, Glovia’s technology enables Fortune 1000
companies to build and run the most advanced digital enterprises that boost their competitiveness in the rapidly
evolving global digital economy. Glovia is a Fujitsu company.
• Tag sequence by location, bin, item and revision
• Reversal allowed for generation process
F r e e z e O p t i o n s• Quantity on-hand at any time per user discretion
• Freeze required before count entry
• Freeze during cycle count entry
• Adjustments allowed after freeze to correct errors
• Original quantity retained
• Freeze reversal allowed
I n v e n t o r y C o u n t a n d R e c o u n t• Unlimited recounts permitted
• Original quantity retained for audit
• Edits provided for stock, non-stock and non-
standard items
• Tag voiding with reason code
• Original count reversal allowed
• Tolerance by commodity
• Cycle count interval by location and ABC value
U p d a t e o f P e r p e t u a l I n v e n t o r y• Close of physical inventory or cycle counting
process
• Update perpetual inventory records with final
results
• Update options by cycle count, cycle ID or full
physical inventory
U s e r- C o n t r o l l e d P u r g i n g• Tags and control files
• By master location
• By cycle count ID
• By full physical inventory
I n q u i r i e s a n d R e p o r t s• Item Tags
• Status Inquiry
• Cycle Count Status
• Physical Inventory Status
• Cycle Count Queue
• Temporary Variances
• Variances
• Period Variances
• Pre-Update Exceptions
• Printed Tags
• Missing Tags
• Inventory Update