Inventory Overview

<< Click to Display Table of Contents >>

Navigation:  MLS 2026 Operations & Reference Guide >

Inventory Overview

 

Inventory

 

The MLS 2026 inventory system is designed around a complete workflow:

Purchase Orders

Stock Input

Inventory Updates

Workorder Usage

Sales & Reporting

Reordering & Balancing

By following this workflow consistently, MLS 2026 can provide highly accurate:

inventory valuation

stock control

pricing management

purchasing recommendations

sales analysis


The Inventory Menu Bar

The Inventory Editor provides direct access to all inventory operations from one screen.

HRAdd   Add

Creates a new inventory record.

Use this option when:

adding new stocked inventory

creating non-stocking part records

entering vendor supplied items

creating special order records


HRXTXT   Expand

Opens a larger editing window for:

👉 Notes

This is useful for:

vendor comments

installation notes

warranty details

internal procedures

special handling instructions


HRSAVE   Save

Saves:

new records

edited information

pricing changes

quantity updates

notes modifications

⚠️ Important:

Changes are not retained until:

👉 Save

is selected.


hrfind   Search

Allows searching inventory by:

all inventory items

stocking parts

non-stocking parts

partnumber

description

cross reference

Search positioning automatically moves the highlight bar to matching records.


HRDelete   Delete

Deletes the highlighted inventory record.

⚠️ Important:

Inventory should rarely be deleted because:

sales history

pricing history

vendor information

inventory statistics

are valuable management tools.

The Stock On Hand quantity must normally be:

👉 0.00

before deletion is permitted.


STOCK   Stock

Provides access to:

Purchase Orders

Stock Input

These functions handle:

ordering inventory

receiving shipments

updating quantities

average cost calculations

vendor tracking

accounting integration


FIBILD   Tools

Provides access to:

inventory utilities

balancing

pricing management

vendor changes

location updates

yearly closing

inventory maintenance functions


hrcalc   Prices

Recalculates pricing using assigned:

👉 Markup Tables

This allows rapid pricing updates across:

entire inventory

vendors

manufacturers

cost ranges

pricing groups


hrphoto   Photo

Displays pictures associated with the highlighted part.

Photos can help:

identify unusual items

reduce ordering mistakes

improve technician accuracy

assist inventory management


HRPRINT   Reports

Provides access to:

inventory listings

sales summaries

below minimum reports

lost sales

core reports

stock valuations

labels

tracking reports

purchasing analysis

These reports provide critical management information for:

purchasing decisions

inventory valuation

stock movement

profitability analysis


Navigation

When the Inventory Editor first opens, you may immediately begin typing:

👉 a partnumber

to reposition the highlight bar within the inventory listing.

Search modes may also be changed using:

👉 Search

allowing searches by:

description

cross reference

stocking status

partnumber order

and other available search methods.

As records are highlighted in the browse list:

👉 the full inventory information

is displayed in the data fields above.


Initial Inventory Setup Considerations

Before entering inventory into MLS 2026, you should first determine:

👉 what inventory actually exists.

Businesses converting from manual systems often do not have:

accurate inventory counts

standardized descriptions

organized locations

purchasing history

It is usually best to:

physically count inventory

organize shelves

establish location codes

standardize descriptions

identify vendors

classify stocking vs non-stocking parts

before entering large quantities of data.

Many businesses successfully use:

temporary personnel

students

clerical assistants

to help gather inventory information for initial setup.

Professional technicians and service writers are often more valuable focusing on:

repair work

diagnostics

client service

production activities

while support personnel assist with inventory collection and data entry.


Why Accurate Inventory Matters

Inventory errors create hidden business losses such as:

unbilled parts

duplicate purchases

overstocking

dead inventory

emergency ordering

pricing errors

lost sales

wasted technician time

MLS 2026 provides the management information necessary to:

identify these problems

monitor inventory movement

improve purchasing

control stocking levels

maintain accurate pricing

improve profitability

The more consistently the inventory procedures are followed:

👉 the more accurate and valuable the management information becomes.


Recommended Best Practices

Use Purchase Orders consistently

Process all receiving through Stock Input

Maintain accurate location codes

Standardize descriptions and manufacturers

Use Pricing Tables whenever possible

Reconcile physical inventory regularly

Monitor Below Minimum reports frequently

Review slow-moving inventory monthly

Process returns and cores promptly

Preserve inventory history whenever possible

Train employees on inventory workflow procedures


Recommended Companion Sections

The Inventory Overview works closely with:

Inventory Editor

Stocking Parts

Non-Stocking Parts

Partnumbers & Cross References

Purchase Orders

Stock Input

Returns Processing

Core Processing

Inventory Utilities

Inventory Price Management

Stock Balancing

Inventory Reports

Together, these sections provide a complete inventory management system within MLS 2026.