Manufacturers and distributors must respond quickly to customer demands and make intelligent, cost-effective decisions in order to remain competitive. SIL Inventory Management gives you more control over your inventory by providing greater accuracy and visibility to inventory information throughout the organization. It forms the core of the manufacturing, distribution and accounting facilities and is designed to integrate with all the major functions of the systems and to provide flexible reporting on inventory holdings. SIL Inventory Management provides easy access: the on-screen drill down, allows you to access inventory balances, open purchase orders, work orders, and open sales orders at any point in the inventory management process. You can quickly and easily find the quantity of any inventory item which is on-hand, allocated, back-ordered, or on order. Additionally, you can see a list of all customer and supplier orders and item information down to the serial, lot and bin level. Within Inventory Maintenance, you can define multiple user-defined item attributes. You can set up units of measure for stocking, purchasing and selling transactions. SIL Inventory Management provides the flexibility to cost inventory by warehouse, tracking inventory using average, standard cost, first in first out (FIFO), last in first out (LIFO), or actual costing by lot and serial.