GICS is a computer system designed to support companies that import and sell products in the Bahamas. GICS uses the GAACS Database, enabling it to be part of a Supply Chain. It embodies Purchasing, Inventory Control and Importation processes into one integrated system. With GICS you can track inventory movement, purchase items when required, prepare Customs declarations and reconcile items against their purchase orders.
GICS can support businesses of any size from a small single location store to a company incorporating a head office, a warehouse and multiple stores.
1. Supports functions in your various locations whether a store, warehouse or Head Office. Users logging into GICS must identify the location they wish to work in, they are then shown the functions that can support them.
2. Inventory is managed by stock levels that are based on demand for supplier’s case packs at the various stores. All movement of stock items is recorded as activity to an item, the 3 most active of these being (1) receiving stock in the warehouse, (2) transferring stock to stores, and (3) re-stocking shelves at stores. Counting inventory would be required for all locations at the start. As GICS determines what is the item's Stock On Hand (SOH) at any location by the sum of its opening stock count and its activity, we are able to audit any item at any time.
3. Each user with access to GICS is assigned to support one or more of the functions in GICS. Additionally, a security level is assigned to each function, this is used to control access to GICS procedures.
4. GICS is designed to function as either a Cloud based system (available over the internet) or can operate on your own network configured to connect to warehouse and stores.
5. GICS includes all the features required to comply with the importation of goods into the Bahamas.
6. GICS is a ‘real time’ system and does not require any batch processing to maintain its integrity.
7. GICS is designed to support centralized purchasing, however stores have the capability to purchase locally.
8. GICS provides support for the use of reading bar codes on packages.
9. GICS provides management over items sold, together with the associated supplier information. This allows you to maintain your internally used item numbers as well as the numbers required by supplier.
10. GICS is designed to accept information derived from a POS system running at a store. This information is used to determine the daily movement of shelf items
1. The user interface is assisted by algorithms that determine when activity is required by the user. As an example, as movement of stock items occurs, GICS determines when purchasing is required to maintain the correct stock levels. A user assigned to support the purchasing function will see messages on their screen indicating how many items require purchasing, a click on the message allows them to create a purchase order for the items.
2. Stocking Stores is also managed with the help of algorithms in GICS. These determine the quantity required to transfer from the warehouse, based on the SOH at each store. Pick lists are generated to facilitate the transfer of stock to a store.
3. Importation of goods is managed by the integrated GAACS features. Working with information from the purchasing function, together with shipping information, GICS can build a declaration it will send to Bahamas Customs to support the importation process.
4. Classification of items being imported is managed in the purchasing cycle with the assistance of users assigned to the CUSTOMS function. This enables the importation processes to be performed as speedily as possible.
Try it out. Give us a call and we will provide a download that supports a demo version of GICS. All it needs is an internet connection, and you get a secure application that is not web based.
This cloud based application supports inventory management for 1 or more stores, purchasing and reconciliation on receipt of goods, and creation of the Customs Declarations required.
If you like how the demo version performs, it is easy for us to make it 'live'.