Raw Materials Inventory
Managing assets for internal operations and production. Learn how to track materials that support your business behind the scenes.
Recorded at acquisition cost. These are assets for internal use, not products for direct profit.
Items do not appear in the Point of Sale module to prevent accidental retail sale.
Stock levels are only adjusted when the material is utilized in production or operations.
Used for manufacturing, service delivery, or internal maintenance requirements.
Core Operational Actions
Establish and manage physical storage locations. Essential for multi-branch organizations to track exactly where raw materials are located.
View the comprehensive master list of all raw materials. Monitor stock-on-hand, unit costs, and total valuation in real-time.
Historical log of all recorded arrivals. Use this to audit deliveries and verify receipt numbers across different time periods.
The recording procedure for new arrivals. Input material codes, quantities, and acquisition costs to update your physical and financial books.
View the history of all materials that have left the warehouse. Essential for tracking usage trends and identifying high-consumption materials.
The procedure for recording internal material consumption or transfers. Accurately deduct stock quantities to maintain perfect inventory synchronization.
Coordinate the transfer of materials between different physical locations. This maintains the integrity of your stock-on-hand reports by accurately reflecting where assets are physically stored at any given moment.
Internal Asset Control
Raw Materials management is critical for accurate costing. By separating these from saleable goods, Phecom ERP prevents inventory silos from cluttering your sales terminals while ensuring your operational expenses are tracked to the penny.