Comprehensive Functionality for Catch Weight
Catch Weight Inventory Management
Accolent ERP delivers advanced catch weight inventory management designed specifically for food distributors and other industries that rely on weight-based pricing.
Catch weight products are stocked using an inventory unit of measure (UOM), such as cases, but are priced using a weight-based UOM, such as pounds. As a result, all transactions—including purchase orders, sales orders, and transfers—are recorded in the inventory UOM while being priced according to the catch weight.
Although there is typically a nominal conversion between units (for example, one case may average 20 pounds), actual weights often vary. Therefore, catch weight functionality is essential, particularly in industries like food distribution where product sizes naturally fluctuate. For instance, two cases of steaks may contain the same number of items but differ significantly in total weight.
In addition, catch weight inventory management is also applicable in other sectors, such as wire distribution, where products are sold by the reel but priced by weight.
Accolent ERP not only tracks both inventory and weight accurately, but also manages Lot Numbers and Expiry Dates, thereby ensuring complete traceability.
Scan Compound Barcodes
Accolent ERP allows you to configure compound barcodes that record for each inventory UOM, the Product Code, the Weight, the Order Date, the Lot No., and the Expiry Date.
Most perishable food items will have this information recorded by the manufacturer when the goods leave the manufacturer’s factory.
For distributors that are not repackaging, scanning this compound barcode once upon receiving and then again upon picking, eliminates the need to separately weigh items and eliminates coding errors.
Managing Inventory by Expiry Date
Accolent ERP catch weight inventory management system allows products to be tracked as to Lot No., Location and Expiry Date. Tracking perishable items by Lot No., Location and Expiry Date ensures that goods are sold prior to the Expiry Date and facilitates picking by Expiry Date.
By picking older items first, distributors can minimize wastage. The Lot No. and Location tracking provides the traceability and chain-of-custody needed for food safety tracking and compliance.
When there is a food safety health problem, distributors will be able to identify and recall just the affected products. Without this Lot No. tracking capability, a wider range of products than just those affected might have to be recalled leading to significant wastage and cost.
Automatic Repricing Based on Catch Weight Inventory Management
Accolent ERP allows transactions to be entered in the inventory UOM and automatically reprices these based on the catch weight entered.
Create purchase orders based on the nominal weight of the inventory UOM. When the PO is received and the weight recorded, the PO is repriced based on the catch weight. Accolent ERP allows the catch weight to be recorded by individual inventory UOM (e.g., case) or by an aggregated inventory UOM (e.g., pallet).
Similarly take an order for a quantity of the inventory UOM and once the goods are picked and the catch weight recorded, the order, shipment and invoice will automatically be repriced based on catch weight.
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Frequently Asked Questions (FAQs)
What is catch weight inventory management?
Catch weight inventory management is a system where products are tracked in one unit of measure (such as cases) but priced based on weight (such as pounds), allowing for accurate handling of variable-weight goods.
Why is catch weight important for distributors?
It ensures accurate pricing and inventory tracking for products that vary in weight, which is especially critical in industries like food distribution.
How does catch weight inventory management improve accuracy?
By recording actual weights during receiving and picking, the system automatically adjusts pricing and inventory values, reducing errors and discrepancies.
What industries use catch weight inventory management?
It is commonly used in food distribution, meat processing, seafood, produce, and also in industries like wire and cable distribution.
How do compound barcodes help in catch weight systems?
Compound barcodes store key data such as weight, lot number, and expiry date, allowing for quick scanning and eliminating manual data entry.
Can catch weight inventory management support traceability?
Yes, it tracks Lot Numbers, locations, and expiry dates, enabling full traceability and faster product recalls when necessary.
Does catch weight inventory management support automatic pricing?
Yes, transactions are automatically repriced based on the actual recorded weight, ensuring accurate billing and cost tracking.