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Version 2008 - ABAS Software AG

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<strong>2008</strong><br />

A further advantage is the highly flexible adjustability of the inventory<br />

process to the company's requirements due to the consistent linking with<br />

the "Flexible User Interface" (FOP).<br />

3.6.4. Lot management<br />

The lot management in abas ERP covers all relevant areas along the<br />

logistic chain in which information regarding lots is administered and<br />

managed. Tracing lots properly requires the exact management of<br />

relevant information about lot movements and the connected usage and<br />

creation processes. These movements are logged centrally in the abas<br />

ERP stock movement journal along with the relevant lot information.<br />

The following questions can thus be answered:<br />

Callback campaigns can be run in a targeted manner by using this<br />

option for tracing lots. Lot management in abas ERP also supports quality<br />

requirements according to the international certification standards.<br />

Each product can be managed in lots. Any number of lots can be<br />

managed for one product. In the case of erroneous entries, corrections<br />

can be made.<br />

<strong>2008</strong><br />

Overview of inventory functions<br />

• Permanent inventory<br />

• Annual inventory<br />

• Inventory suggestion list according to specified selection criteria<br />

• Selection of the inventory valuation method, for example:<br />

- Valuation using the mixed price<br />

- Valuation using the standard transfer price<br />

- Valuation usign the last cost price<br />

• Devaluation factors<br />

• Determination of inventory differences<br />

• Posting of inventory differences<br />

Which batch materials does the final<br />

batch consist of? (Batch Origin)<br />

Into which final batch did the<br />

materials flow? (Batch Use)<br />

63/140

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