Data maintained in traditional inventory management modules of financial and ERP systems does not usually extend further than stock control or manufacturing requirements of the organisation.

EFFICIENCY Product Management holds any product and services information essential for sales, marketing, service and knowledge base of the enterprise.

There is no limit to type of products and services data - static, transactional, audio, video or graphical - that can be stored and analysed. EFFICIENCY's product management system allows management to design, execute and manage even the most specific tasks such as loyalty marketing, content management, catalogue maintenance, catalogue selling, e-commerce, and subscriptions.

Set sales targets for each product or products group and analyse sales, marketing and service results in real time for multi-level campaigns, sales orders, quotations, invoiced sales, periods and sales staff performances.

Extensive cross referenced product information from vendors and ability to set a comprehensive multi-tier special pricing matrix for a range or individual customers at campaign levels allows the management to increase or maintained the target the profit margins by reacting immediately to the changes in the customer and market demands.

Standard product and service prices be automatically updated from vendors as their prices or the exchange rates change; the recommended and the minimum selling prices or the gross margins can be automatically set based on specific business rules.

Online or batch integration to the inventory management and production control systems with various update options eliminates the double entry and reduces the data entry errors. Stock quantities and various cost values from enterprise warehouses are accessed from the inventory systems in real time.

Competitor product information at any detail with the references to your products can be maintained in real time.

Key Features:

• On line Business Analysis of product and inventory;

• Integration to existing Inventory control systems with updates eliminating double entry & reducing data entry errors;

• Expansion of Data with the use of transaction & expansion tables allows a practically unlimited amount of additional information to be recorded against products;

• Knowledge Base is integrated into product and cross linked to other modules;

• Extensive Special Pricing providing precise control of price & pricing structures for Customers or campaign split levels;

• Price Update facilities provide means to adjust prices automatically or manually using any of a selected number of methods including original vendor prices & incorporating markup & cost build up factors where required;

• Cost Analysis based on markup or gross margin;

• Competitor Information store providing instant access to your competitors equivalent products and details;

• Bill of Materials maintenance for products, marketing, sales (configurator) and maintenance (spare parts);

• Warehouse Quantity Tracking providing tighter integration with existing inventory systems;

• Product Pictures can be stored against the product for your own products as well as vendor & competitor products;

• Product Manuals can be created and printed via the Document Management module