Rule based reservation levels
With the introduction of reservation levels a new degree of flexibility is applied to the inventory. This will allow for reservation at less detailed levels, e.g. reservation at a warehouse without determination of location or batch at the time of order intake.
Reservation levels can automatically be further specified prior to the time of picking to include e.g. what specific location to pick from. The process of picking is now a matter of reporting what specific items were picked: e.g. batch number, serial number, etc.
Transferring reserved items
Reserved inventory items can now be transferred. The warehouse staff is now free to manage the warehouse in an efficient way not having to struggle with restrictions in reserved items.
FIFO/LIFO reservation and picking order
Inventory II allows for controlling and optimizing the order in which items are reserved. A FIFO and LIFO reservation order can ensure that the oldest or newest items are picked first, while a location reservation order can ensure that the physical process of picking is more optimal according to physical locations.
Lot reservation
Reservations directly on specific incoming lots leading to full traceability and transparency on reserved items.

The Inventory II module is monitoring all inventory movements, resulting in immediate action upon arrival of new and changed cost prices. Cost prices are real-time calculated, adjusted and updated throughout item transfer and bills of material.

No Inventory closing function
Adjustment of item consumption is calculated and posted immediately, whenever identified, eliminating the traditional inventory closing function.
Cost price deviation monitor
Cost price deviations are identified and presented real-time in the deviation monitor, giving the finance department a unique tool to act on. Cost price deviation alerts can be defined, reducing the risk for simple errors, like key-in errors in the purchase department or from suppliers that may reside in the system for a long period, resulting in complicated cleanup tasks.
Physical cost valuation
Inventory valuation can be fixed on packing slip prices instead of on delayed invoice prices. Upon receipt of invoices, deviations are posted on dedicated general ledger accounts
New model for weighted average cost
A new simplified periodic average cost price model is introduced. Average cost prices are always calculated as clean weighted average prices for individual periods. Issues related to uncontrollable number of settlements are eliminated, as settlements are not created anymore.

Run your Master scheduling any time
The master scheduling can be executed at any time in daily operation and still delivers a consistent profile even though new transactions are created concurrently.
Open slots for inventory closing not necessary
The traditional inventory closing function is not relevant any more as cost prices are calculated real-time. Because of that there are no needs for allocating exclusive time slots for this task during weekends or nights.
No worries regarding blocking locks
Neither inventory closing (which is now just a matter of changing a date) or Master scheduling causes blocking locks preventing daily operation to take place.

Simply run your operation 24/7 if you prefer

Inventory II comes with a new data modeling tool allowing the user to combine and display data in any relevant and applicable way.
Extensive data modeling tool.
In both forms and reports the tool allows the user to select, sort and group and summarize data in ways that corresponds to specific roles and their needs. This will reduce the need for customization of inventory forms and reports.
Reports with user selectable data columns
Any inventory status report can be printed with user defined column content, as any quantity and amount field can be dynamically selected, when launching reports.
Out of box reconciliation directly in forms
Inventory / General ledger reconciliation can now be performed at any time for any period of date, entirely and solely through the use of forms designed exactly for that purpose, eliminating the need for printing reports and significantly reducing the time used on reconciliation.

The foundation and architecture of the Inventory II solution has been designed with specific regards to high performance and scalability. The unique design patterns such as the watermark and snapshot technologies have been chosen out of performance reasons.
The result of this architecture is revolutionary:
Blocking locks issues in inventory are nonexistent. The improved concurrency will set new standards for scalability.
Inventory inquiries execute incredibly fast, independent of transaction even on historical data.
Real cost prices are calculated real-time, but the individual users are not affected by this processing since t is handled by a smart background process.