The FIS Inventory Management System provides the necessary functions for a company's inventory management. The system is fully integrated with Sales and Invoicing, Accounts Receivable, Purchasing System, Fixed Assets Management System and General Ledger System.

The system supports common product codes across multiple warehouse and multiple branches inventory ownerships. The costing methods used for each individual stock item may be classified as either FIFO (First In First Out), LIFO (Last In First Out), Specific Identification or Average Costing.

The system can monitor tangible and intangible products such as raw materials, finished items or types of "services". Stock items can be transferred to and from company units or warehouses. User may define up to 15 levels of each product type to facilitate detailed reporting structure for each item.

Physical stock adjustment listing is readily available. The Stock adjustment function is user friendly and can call up stock items from the database easily.

Management may have access to over twenty reports, which list out information on the activities of all stock items either specific to one business unit or as a consolidation.