Streamline International Operations

Operations Management (OM) tackles the challenges of cross-border materials management in a multi-location, multi-warehouse, multi-currency, multi-project environments or simply manage project equipment and materials with IDEAS OM.

IDEAS OM provides tracking and control equipment, materials, capital projects and assets.  OM modules include:

• Materials Management
• Asset Tracking

Record the Business

• Record quantity and item value adjustments
• Value by specific cost, average cost or standard costing methods
• Assign unlimited additional costs (freight, duty, tax) to inventory value
• Issue by bill of material
• Define, create and value assemblies and disassemblies
• Account for sales, gain/loss on sales, item revaluations, price adjustments, condition code changes and disassemblies
• Define separate depreciation, depreciation method, asset life, cost basis by register
• Define depreciation formulas, rules and logic to meet any depreciation requirement
• Record cost transactions in any currency with automatic conversion to the register currency
• Account for depreciation conveniently with formula-based depreciation allocations
• Automatically apply prorate conventions
• Define and manage the parts you track in warehouse inventory and on the property
• Integrate material transfer workflow with parts inventories, DD&A and JIB

Manage the Business

• Monitor the physical movement of inventory
• Determine stock availability across all locations
• Track receipts, returns, sales and material transfers
• Define minimum and maximum levels for inventory items
• Track physical locations and sub-locations
• Track capital and expense items and third-party leased equipment
• Track and value items by condition code
• Track specific inventory items by serial number
• Stocking, reorder, physical inventory and stock usage reporting
• Establish an unlimited number of fixed asset registers for financial and regulatory purposes
• Denominate each register in any currency
• Process composite rate (pooled) and item rate assets
• Track physical location and movement history
• Rely on a complete audit trail and depreciation history
• Track non-depreciable and capital budget items