Inventory Data Overview

<< Click to Display Table of Contents >>

Navigation:  MLS 2026 Operations & Reference Guide > Inventory >

Inventory Data Overview

The Inventory Data system within MLS 2026 provides the foundation for:

inventory control

purchasing

pricing

workorder processing

sales tracking

profitability analysis

throughout the program.

Unlike basic inventory systems that simply track quantities on shelves, MLS 2026 maintains extensive operational and historical information regarding every part used within your business. The system tracks both:

stocked inventory

and

non-stocking parts

allowing you to monitor actual usage patterns and purchasing activity across your entire operation.

Inventory records contain detailed information including:

part numbers

descriptions

manufacturers

cross references

superseded numbers

vendor relationships

pricing structures

inventory locations

stock quantities

core tracking

sales history

purchasing history

inventory valuation

The Inventory system is tightly integrated with:

Workorders

Purchase Orders

Accounts Payable

Pricing Tables

Glossary Pick Lists

Accounting

Sales Reports

so information entered once is automatically reused throughout MLS 2026.

One of the major strengths of the system is its ability to track all parts used by the business — even those not normally stocked on shelves. Whenever a non-stock part is used on a workorder, MLS 2026 automatically creates or updates an inventory history record. This reduces repetitive typing, improves future lookups, and helps management identify items that may deserve stocking status later.

The system also provides powerful tools for:

inventory organization

location tracking

automatic substitute lookups

vendor management

automated pricing calculations

inventory history analysis

helping the business maintain:

accurate inventory valuation

better purchasing decisions

improved workflow efficiency

stronger profitability control

within daily operations.

Because inventory directly affects:

cash flow

profitability

customer service

operational efficiency

it is important to carefully review the following sections before implementing inventory procedures within MLS 2026.

The following pages explain how to:

create and maintain inventory records

organize stocking and non-stocking parts

manage part numbers and cross references

assign locations

track stock movement

calculate pricing

maintain vendor information

analyze inventory history

for effective inventory management throughout your business.

[TEditFormControlObj]Button

[TTextAreaFormControlObj]