PARASCADD Private Limited

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WHAM

Ware House Accounting Management

  • On Cloud

  • On Premise

Revolutionizing Material Management with Warehouse Management System

Warehouse Management System (WHAM) is a key part of the Material Management and primarily aims to control receipt, storage and issue of materials within a warehouse and process the associated transactions, including receiving, issuing, returning and transferring.

The system also direct and optimize stock based on real-time information about the status of bin utilization. 

Difference between Bin Card & Store Ledger

  • User

    Bin Card is maintained by the Storekeeper. Store Ledger is prepared by Cost Accounting Department.

  • Nature

    Bin Card is a record of quantity only. Store Ledger is a record of quantities and values.

  • Period

    In Bin Card, entries are made immediately after each transaction. In Store Ledger, entries are made periodically.

  • Posting

    Postings are made before a transaction in Bin Card. Posting are made after a transaction in Store Ledger.

  • Using Department

    Bin Card is kept inside the store. Store Ledger is kept outside the store.

Advantages & Disadvantages of Bin Card

Advantages

  • There would be less chances of mistakes being made as entries will be made at the same time as goods are received or issued by the person actually handling the materials.
  • Control over stock can be more effective, in as much as comparison of the actual quantity in hand at any time with the book balance is possible.
  • Identification of the different items of materials is facilitated by reference to the Bin Card the bin or storage receptacle. :

Disadvantages

  • Store records are dispersed over a wide area.
  • The cards are liable to be smeared with dirt and grease because of proximity to material and also because of handling materials.
  • People handling materials are not ordinarily suitable for the clerical work involved in writing Bin Cards.

Key Process Flows

  • DRR

    Daily Receipt Processing

  • MRR

    Material Receipt Processing

  • MIV

    Material Issue Processing

  • MRV

    Material Return Processing

  • STV

    Stock Transfer Processing

  • MRV & MIV Regularisation Process

    Regularisation Process

  • MHN

    Material Handing Over

  • Bin Card

    Warehouse Physical Inventory

Document and Material Flow

Work Flow and Interface of WHAM

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Experience the power of our Material Control & Warehouse Management System in action.

Item and Stock Management
  • Item wise stock detail
    • Quantity based
    • Value based
  • Information availability related to
    • Ordering details
    • Dispatch information
    • Consignment Receipt at site details
    • Receipt details after physical verification /inspection at Warehouse
    • Issue detail
    • Return detail
    • Stock Transfer detail
Project Management
  • Project Specific Reports based on material status help in decision making
  • Material issue to the contractor based on material allocation by planning
EFA & MFA
Engineering Front Analysis & Material Front Analysis, Indent for WHAM, Job Card.


Features

Item and Stock Management
  • Item wise stock detail
    • Quantity based
    • Value based
  • Information availability related to
    • Ordering details
    • Dispatch information
    • Consignment Receipt at site details
    • Receipt details after physical verification /inspection at Warehouse
    • Issue detail
    • Return detail
    • Stock Transfer detail
  • Stock at a glance
    • Job and Item wise quantity and value as on date
    • Categogy wise Material Stock Status
    • Supplier wise Material Status
    • Contractor wise Material Status
Project Management
  • Project Specific Reports based on material status help in decision making
  • Material issue to the contractor based on material allocation by planning
Interface
  • Interface with in-house systems (Planning and Project Monitoring, Purchase , Inspection ,Finance and Accounts system) provides seamless data integration
General
  • In-house developed Oracle based software
  • Multi project warehousing system
  • Unique item code based on attributes/parameters

Outputs

Material Trace and Tracking

WHAM Reports

Benefits

See The Product in Action

Discover PARASCADD's WHAM software, to know how it can assist you to empower your business.