Importance

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Abstract

A multiple transaction quantity inventory management system including an inventory management component to store and manage inventory information using a base unit of measure (“UOM”) and in a valuation UOM related by at least one conversion factor for each of a plurality of goods; a material management component connected to the inventory management component, the material management component to monitor and maintain information on the plurality of goods in the base UOM and in the valuation UOM for each of the plurality of goods; a sales delivery component connected to the inventory management component, the sales delivery component to receive and process sales orders in the base UOM; a warehouse management component connected to the inventory management component, the warehouse management component to control stock information for the plurality of goods in a single UOM; and a financial component connected to the inventory management component, the material management component, the sales delivery component, and the warehouse management component, the financial component to value movement of the plurality of goods using the valuation UOM.

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First Claim