Franwell, Inc. RFID Specialists and Developers of Agware Software Solutions for Agribusiness

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Agware Software System
     Agware Architecture
     Agware Overview
     Agware Introduction
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         Inventory
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     Food Service
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Inventory

While physical inventory is handled through the Warehouse, actual inventory transactions are tracked the same as any other accounting transaction. Knowing exactly what you have and where it is requires thoroughly integrated software components that interact without conflict. Agware enables users in the back office, sales office, and on the dock to access and modify information, create and exchange documents, and follow through on every process and inventory movement with accuracy and efficiency.

To facilitate accuracy, Agware only allows inventory lots to be created through the receipt of purchase orders, dock ticket, process order outputs, or inventory transfer. Inventory items are categorized by using up to eleven product identities. These unique identities include: type, commodity, variety, color, size, identity grade, origin, label, pack, UOM (unit of measure), and a user-defined identity. Products can be tracked by weight, unit measure, or count, and the system calculates conversions. Lot corrections and history are sub-components of the Inventory component, but can also be accessed on the Dock Console.

The following example illustrates how Agware is designed to meet the complex needs of the produce industry. In the produce shipping business, if inventory is being handled for a grower, chances are that some inventory to be sold will not have a cost until the price is settled with the grower. The product must be sold first to establish the settlement price to the grower. The challenge is to reasonably calculate the cost when the product is sold, when no cost is known. Agware was designed to resolve this problem using average costing for inventory without a known cost. When the price is settled with the grower (or vendor) then the system overrides the estimated cost with the new finalized cost. (This system-provided estimate does not affect the actual settlement to the grower; the estimated cost figure is merely for the purpose of cost of goods accrual.) By using this estimation technique, the overall financial health of the company is not as severely over or understated.

Inventory

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