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This section examines the role of stock within the work process, and the interaction of stock with other Jim2 activities.
Jim2 Stock is one of the most feature-packed and powerful stock control applications available. Throughout Jim2 Help, there may occasionally be a reference to a stock item or item of stock. This should not be confused with Jim2 Items, which is an entirely separate object.
The Stock function in Jim2 provides the business with very strict inventory control. Jim2 can calculate stock quantities on a live basis, integrating information on stock measures, stock locations, stock transfers, returns from customers, returns to vendors and purchase order status. Jim2 will prompt users to create back orders for incomplete supply/receipt of stock on purchases and jobs.
Definition of stock in Jim2 In the Jim2 environment, stock not only includes purchased products, but also manufactured products, labour and quality checking/testing procedures. The stock records that are set up carry cost calculations to the jobs that performed for customers. Stock can be linked to specific Items to ensure that the job (sales or service) carries default labour, products or quality check/test procedures.
To implement stock control within the business, purchases will link directly to stock records. Varying stock selling costs and price breaks may also be set for the different customers identified by customer price level codes. Jim2 features customer specific pricing, where set unique pricing for customers at the stock code level, regardless of their overall price level.
▪Jim2 has a provision for one-off purchasing of special stock. This stock type identifies stock lines that aren't part of normal stock inventory but, when purchasing them, they are completely traceable and form part of the stock value. Special Stock covers stock where costs from the supplier will fluctuate. Special stock is also uniquely purchased for a specific job. The cost of goods will be taken across to the job when the stock is added, hence it uses the Exact COGS rather than the Last COGS. ▪Jim2 also has the power of Manufacturing. Certain parts can be purchased and manufactured into a completely different product. Manufacturing includes multi-level manufacturing as well.
▪Jim2 also allows for setting the ranking of multiple vendors and their specific stock ordering code, to be used when purchasing stock.
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