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Triumph ERP supports thriving WA business despite troubled economy

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Western Australian owned and operated business, Kirby Marine, is traversing the challenging economic climate and is currently experiencing a boom, contrary to many other businesses in WA.

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Now is the Time to Finance Your ERP Software Investment!

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Here are 8 reasons why finance is a great option for your investment in new ERP software!

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Triumph ERP Connecting Businesses Around the Globe

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Triumph ERP has a reputation of being an advanced and versatile software solution for modern businesses. Triumph Client EastWest Steel Trading and Distribution is an excellent example of this.

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managed-inventory

Consignment Stock

 

The Consignment Stock Module provides organisations full control of stock they manage on behalf of a third party supplier or manufacturer.

Managed stock is fully integrated into the system and most stock functions, e.g. sales orders, picking delivery, invoicing, transfers etc, work transparently. Internally however, Consignment Stock has its own quantity on hand or stock holding and is costed independently.

Consignment Stock functions include the ability to request and receipt stock from third party suppliers/manufacturers, revalue that stock holding, make adjustments, and the automatic allocation of consignment stock at the time of sale, including all accounting journals. As a sale is processed, priority is always given to your own stock holding over any consignment stock holding you may have.

There is also a comprehensive report covering the Consignment Stock holding and its usage for periodic filing and reporting in accordance with third party supplier requirements.

The system also has the ability to on consign stock to other third party agents. It does this by using the Multi-Location Inventory module and keeping track of stock at these agent locations.

consignmentstock