SAP Business One for Better Item Management and Inventory Control
Many manufacturers and Distributors often face challenges determining what items to have in stock and how to manage their operations to support inventory accuracy. Too often the wrong items are provisioned and the system inventory records do not correspond with the physical inventory status. As a result, business leaders strive to find ways to improve inventory tracking, control and overall management. Many leaders are implementing enterprise resource planning (ERP) systems to streamline operations and dramatically improve inventory management. By using an ERP system, such as SAP Business One, you can easily manage your inventory, boost your customer service levels and reduce operational costs. Such enterprise-wide enhancements will immediately increase the company’s bottom line by helping you with:
- Implementing replenishment methods for independent demand
- Maximizing customer service and profits
- Minimizing inventory and operations costs
- Best Practices for improving and managing inventory accuracy
- Supporting management inventory performance goals
SAP Business One Items in Inventory Module
Within SAP Business One, after items have been entered into the software system, they cannot be deleted. Yet, inventory items can be marked as inactive. Within your item master data, you can have goods and services for sale as items. For each item you can see as much information as you’d like within Marketing documents, such as: dimensions, units of measure, tax, packaging, and include links to analysis. There are sixty four properties available for marketing purposes, reporting and pricing. In addition, you also have the ability to track manufacturer catalog numbers and preferred vendors. The inventory module also provides you with the ability to sort items for reporting, group similar items together, categorize by product lines, and group for sales and procurement purposes. The system makes it easy for you to generate reports on item related data as well as run reports by groups, and also perform inventory counts.
SAP Business One | Inventory Items | Defaults
- Bin location
- General classification: item or service
- Costing-valuation method
- Units of measurement and measurement groups
- Material requirement planning fields
SAP Business One | Inventory Items | Units of Measure
You can use different units of measure in sales, purchasing and warehouse documents. The item master data has three different unit of measure types:
- The Inventory UoM code- All inventory transactions are made for this code.
- The Sales UoM codes- One item can have many codes related to it. Each code can be used in a sales or inventory document.
- The Purchasing UoM codes- One item has many codes related to it. Each code can be used in a purchasing or inventory document.
Inventory Tracking, Control and Management Software Solution for Manufacturing and/or Wholesale Distribution
Do you have a software which can effectively and efficiently help you manage and control your inventory better? If so, is your inventory program integrated with your manufacturing (if you create goods), accounting, and customer relationship management modules so that all pertinent data can easily flow through out the system? SAP Business One is an affordable enterprise software solution that can help you simplify inventory processes and streamline your entire organization.
Contact Cornerstone | SAP Business One Free Trial
You can try SAP Business One at no cost or obligation now. Please call Cornerstone Consulting at 813-321-1300 for your 30 Day FREE Trial of SAP Business One: http://www.cornerstoneconsultinginc.com/sap-business-one/sap-business-one-erp/try-sap-business-one-free-for-30-days/
About SAP Business One | ERP System for Small and Midsize Manufacturing and Wholesale Distribution Companies
SAP Business One is an enterprise resource planning (ERP) software system designed to streamline small to midsize manufacturing, wholesale distribution and online retail enterprises for maximum efficiency. Unlike most other software applications that focus just on one specific area of a manufacturing, wholesale distribution or retail business, such as financial accounting or customer relationship management (CRM), SAP Business One is an “all-in-one” business management software solution. It offers a complete set of core modules, including financials, customer management, sales, operations, and logistics, which address the business management needs of your entire company.
SAP Business One is a fully integrated business management system that includes functionality around financials, sales, purchasing, distribution, HR and customer relationship management. In short, all the functionality you expect from a larger enterprise system, but substantially less to purchase and much faster to implement ““ a low risk option for your growing manufacturing, wholesale distribution or online retail business.
For instant answers to questions about SAP Business One sales, support, and services, please feel free to Contact us at 813-321-1300. Looking forward to connecting with you.
About SAP Consultants | Cornerstone Consulting | Provides SAP Business One (SAP B1) Software, Tech Support and Related Services
Cornerstone provides software products, tech services and business process outsourcing which support all areas of a small or medium sized business, such as: financial accounting, operations, customer relationship management, sales, inventory control-tracking-management, warehouse management, e-commerce, and more. Cornerstone’s “dream team” of programmers, trainers and consultants specialize in providing our Manufacturing, Wholesale Distribution, Medical Device, Pharmaceutical, Nutraceutical, and Online Retail clients with optimal business process configuration, integration and automation.
If you’d like your small or medium enterprise (SME) to run better, streamline warehouse inventory management with the use of mobile solutions, out-maneuver competitors, improve interactions with each customer, have better solutions for finding new customers, and transform your business with the latest in technology, you have definitely found the right team to collaborate with and make it happen. Your business can achieve amazing things with SAP Business One!