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Take stock - the true value of efficient, accurate stocktake

  • 20 June, 2006 10:21

<p>The computer hardware industry moves very quickly – product lifecycles are often only six months from launch to end of life! Component costs fall by up to 1.5 percent per week – equating to losses of almost 20 percent value for stock held for three months or more. And as the financial year draws to a close, its time to take stock of one of your company’s biggest investments – the stock on hand -and In particular your methods of stock control and stock take.</p>
<p>Australian software development company, Happen Business, announce the timely release of enhanced stocktake functionality for their business management software, Jim2 Business Engine. As one of the few business management software packages offering high level, real-time, “first-in-first-out” stock control, Jim2 version 2.16 now handles multiple rolling stocktakes, based on an extensive criteria, and able to handle serialised, consignment and multiple measure stock.</p>
<p>Happen Business Technical Director, Mr. Paul Berger, commented:</p>
<p>“Our clients throughout the IT industry include distributors, retailers and service providers – all of whom are seeking solutions for accurate, just-in-time stock control. Their stocktake requirements are quite diverse, and we have worked closely with these clients to enhance Jim2’s functionality to the different verticals” said Paul Berger.</p>
<p>He added : “Jim2 version 2.16 Stocktake functionality provides for three different methods of automating the Stocktake operation, including automatic scan and/or count functionality, blind or informed count, and automatically processes the adjusted stock levels and values with full financial audit trail.”</p>
<p>Working closely with computer industry members to ensure the nuances of stock holdings and management for the computer industry are addressed by the new Jim2 functionality, Mr. Berger praised those involved in round table discussions:</p>
<p>“ By collaborating with members of this industry to identify and address the everyday scenarios of stock management and control in such a fast-paced environment, we have enhanced Jim2’s functionality to ensure efficient, accurate and flexible stocktake features we know will save real dollars, in real businesses looking improve efficiencies to cut costs”.</p>
<p>Due for commercial release in June 2006, Jim2 Business Engine version 2.16 aims to provide a timely solution to those businesses looking to reduce the disruption caused to order processing during the inevitable end-of-year conduct of a full stocktake needed to bring stock levels, values and stock aging into line.</p>
<p>For further information or to arrange a demonstration of Jim2 Business Engine, contact John Green, Sales Manager, Happen Business Pty Ltd on (02) 9570 4696</p>

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