Introduction
Fiesta Inventory module records the details about product, supplier, outlet, and customers thus generating relevant Purchase Orders, Goods Receipt Notice and much more wherever required. It also reports stock transactions, stock movement, transaction consolidation, section-wise stock, bin card maintenance, so on and so forth.
Inventory module is connected to other related modules as well.
Purchasing
Purchasing module provides for raising Purchase Requests, regular reorder lists or market lists. Market List purchases are dealt with by maintaining Rate Contracts. Other purchases go through the process of generating invitations to quote, analysis of the offers and preparation of purchase orders.
Receiving
- Receive against Purchase Orders or Market Lists
- Generate receiving Report
Stores Management
Inventory Management supports Receiving against Purchase Orders. Issues are made against requisitions. Consumption is valued by weighted average method and consumption JV is transferred to GL. Supplier billing information is passed on to Purchase daybook. Automatic reorder lists are prepared for regular items falling below reorder levels. Analysis reports are available on purchase frequency, pricing trends, consumption history etc.
F & B Cost Control
- Support Menu Engineering
- Integration between Menu Engineering, POS and Inventory
- Reports on Consumption & Variation