Icicle ERP Inventory Management Software Feature Overview

The essence of good inventory management is knowing not only how much of each product you have, but also where it is. With GS1 barcode support, Icicle’s inventory tracking system makes it easy to manage inventory across multiple locations and even facilities, so warehouse management and production can work efficiently to meet targets and avoid inventory surplus.

Icicle’s global inventory view allows businesses to track and trace items by lot code, expiration date, and more. With Icicle’s Inventory Management system, you’re not just controlling your inventory, you’re accounting for every gram of product. Detailed inventory history means that your traceability chain is secured to ensure product safety and quality, as well as prevent food fraud.

Warehouse workflows can be improved dramatically with paperless scanners to facilitate easy and efficient racking and picking. With Icicle’s Inventory Management system, staff can simply scan products and ingredients directly into the system, eliminating the need for manual data entry and reducing the risk of human error.

Icicle makes it easy to implement GS1-compliant barcodes and inventory scanning into your daily warehouse operations, creating a seamless connection between granular inventory data and complete, end-to-end traceability compliance.

Food product recalls can be incredibly costly and damaging to a company’s reputation. Icicle’s Inventory Management system features built-in controls for the highest levels of food safety compliance, including allergen controls that prevent cross-contamination. The system allows for detailed tracking of ingredients from receiving through production to shipping so food manufacturers can quickly and easily identify the source of any potential problem.

In case of an unavoidable incident or recall, Icicle will leverage inventory and traceability data to help you rapidly determine the exact source and location of any contaminated products, down to the lot code level, enabling precise and effective corrective actions.

Icicle’s Inventory Management system automates FIFO asset management for production and picking. With GS1-compliant barcodes, Icicle draws manufacturing data from ingredients to calculate best-before dates and other expiration information that affect product quality and safety.

Warehouse staff are then guided to pick ingredients from inventory in FIFO (first-in-first-out) order so you can minimize manufacturing waste and lost profit from stale inventory while maximizing shelf life and product quality.

Icicle’s Inventory Management system enables accurate and sustainable inventory planning and inventory purchasing with purchasing suggestions. Drawing directly from your company’s sales data and production forecasts, Icicle automatically generates purchasing suggestions for your procurement team in order to optimize inventory levels and reduce waste.

Built with Icicle’s advanced, proprietary automation capabilities, purchasing suggestions prevent inventory waste and storage inefficiencies that drain profits and impede sustainable growth. At the same time, automated Inventory Management enables you to look beyond just-in-time inventory strategies and build in contingency plans during supply chain disruptions, so you can always meet production targets.

Icicle’s production management features include advanced costing analytics that help food manufacturers make informed decisions during any stage of business growth. Using actual production costing at the lot code level, Icicle can calculate real costs based on production to help users monitor costs in real-time, even batch to batch.

That kind of data analytics extends to inventory as well: at any time, you can use Icicle’s cloud-based inventory management system to track your inventory value and identify opportunities to boost efficiency, as well as set inventory levels to ensure space (another valuable resource) is not wasted either.

Shipping Notices extend Icicle’s powerful inventory management tools to help logistics staff plan for incoming and outgoing shipments, even during supply chain or labour disruptions that put your sales at risk. Especially for products or ingredients that require temperature controls, inefficient shipping and receiving operations can carry enormous costs in terms of product quality and manufacturing productivity.

Shipping Notices and other Icicle ERP inventory management features enable real-time communication between purchasing, sales, and shipping teams via a centralized, digital record with all the information needed to effectively manage incoming and outgoing inventory and schedule warehouse staff according to need.