MAXLife: Life Sciences Inventory Management ERP Software

MAXFood ERP > Life Sciences ERP > Inventory Management

Life Sciences Inventory Management Software

Every manufacturer must plan production, purchase and manage materials, execute the manufacturing plan, and deliver products. Process manufacturing, however, requires a unique set of capabilities, including management of coproducts and by-products, multiple packaging configurations, lot traceability, item weight and specification variances, and product shelf life.

Inventory Management in MAXLife delivers easy-to-use stock analysis tools and flexible reporting capabilities, enabling rich access to detailed, consolidated inventory and ordering information. Advanced search capabilities provide quick, easy access to business-critical data. Onetime stock and pricing entry provides accurate and timely information throughout the system. All help maximize operational efficiency and give your people the information they need to make informed decisions fast.

Benefits of MAXLife Inventory Management:

  • Keep customers coming back. Offer better service and improve customer satisfaction with accurate inventory control and customer-specific pricing and promotions.

  • Streamline processes. Gain tight control over processes using an end-to-end view of serial and lot numbers to quickly trace where and when the item appears in bills of materials, customer orders, or other transactions.

  • Track items across multiple locations. Improve picking efficiency with multi-bin tracking for primary and secondary stocking locations.

  • Negotiate with strength. Secure customer contracts with personalized pricing to meet customer demands and beat the competition, while maintaining the ability to change prices as needed.

  • Integrate smoothly. Inventory Management integrates with other MAXLife modules - including Sales Order Processing, Purchase Order Processing, Invoicing, and General Ledger - to streamline mission-critical inventory and sales processes. 

Give your business a competitive edge. By gaining accurate visibility and effective control over inventory and setting prices on a customer-by-customer basis, you can reduce operating costs and achieve the fast, efficient fulfillment that keeps customers coming back.

MAXLife Inventory Management features:

  • Bill of Materials
  • Serial / Lot Tracking and Reporting
  • Co- and By- Product Management
  • Catch Weight Management
  • Multi-Dimension Inventory Capabilities
  • Quality Controls
  • Multi-Bin Tracking
  • Quantitative and Qualitative Attributes

MAXLife ERP can dramatically improve profitability, productivity, and product safety at even the most complex organizations. Contact Merit Solutions to learn more about MAXLife ERP.

The First Steps to Achieving Effective Inventory Control

Microsoft Dynamics AX Interactive Demos

Other Resources

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Effective Inventory Analysis

Improving the Accuracy of Your Forecasts

Keeping Stock Balances Accurate