SAP Business One’s Inventory Management Solution
Fast Inventory Operations with SAP ERP Software
Inventory management software for small businesses must be first and foremost, user-friendly. Inventory tracking, control and management applications must be simple to use so that non-technical leaders can quickly gain meaningful insight into operations. Yet, at the same time, the inventory management system must be comprehensive enough to actually be useful for the wide variety of activities involved in warehouse management as a whole. Moving forward, the companies that have stock in warehouses will, most likely operate with something called perpetual inventory management system (PIM). That is, a system that constantly tracks the exact number of incoming, on-hand, and outgoing or sold warehouse inventory items, in real-time. Sound impossible? It’s not. To do this (and stay competitive) you’ll just have to get a bit “techy”. Using modern software and technology can even be fun.
In addition, select ERP software systems automate warehouse operations. With the right software, manufacturing, distribution and retail businesses can more easily track, control and manage their inventory. The software functionality makes warehouse and inventory management simple to do. Within a state of the art ERP system, you can:
- Manage inventories using various costing models
- Maintain item master data
- Use multiple units of measure and pricing, and even set up bin location management
- Manage inventory by dividing each warehouse into multiple sub-zones
- Set up allocation rules
- Optimize stock movement
- Reduce picking times
- Record goods receipts and issues
- Track stock locations and transfers
- Enable consignment drop-ship, and other orders
- Perform inventory and cycle counts
- Create and maintain multilevel bills of materials (BOMs)
- Issue and release production orders manually or by back-flush
- Globally maintain prices for BOMs
- Generate reports with timely data and display them in various formats or dashboards
ERP or Enterprise resource planning systems are ideal software solutions for growing small to midsize businesses because they offer a unified system of accounting, CRM, inventory and warehouse management, MRP, and more. As all of the data is in one database, business transactions are simple and easy to process. Data does not have to be entered into multiple, different software programs for: processing accounts receivable and accounts payable transactions, updating customer, item, or vendor records, and more. With all of your data in one place, the enterprise business management software helps provides accurate information about inbound and outbound shipments, inventory, and item location. You can value inventory using standard costing, moving average, FIFO, and other methods; monitor stock levels; and track transfers in real time. You can run real-time inventory updates and availability checks and manage standard and special pricing. You can also apply volume, cash, and customer discounts and run reports that reveal their effectiveness. If you’re looking for amazing business software to make operations lean and increase the efficiency of your entire enterprise, search no more: Check out SAP Business One.
Inventory Management and ERP Business Insights:
- Perpetual Inventory Management systems can track incoming and outgoing/sold inventory items in real-time
- PIM systems will be an essential component of all business models in order satisfy customers and match competitors
- ERP or Enterprise Resource Planning software such as SAP Business One provides critical inventory management features for SMB’s
Contact Cornerstone Consulting for Your SAP Business One Software Discount
If you are considering purchasing SAP software for your growing small business or midsize company, we’re offering a 10% SAP Business One ERP software discount! So hurry and contact us at 813-321-1300 for more information about this limited time offer.
Manufacturers and Wholesale Distributors Save Money with SAP Software
We’re happy to help your small to midsize wholesale distribution or manufacturing business run better with an integrated system of accounting, sales and customer relationship management (CRM), inventory management, material resource planning (MRP), warehouse management (and more) software. We enjoy making complex business processes easy for our clients. We want to see America’s small businesses stay competitive and maintain success that’s genuinely sustainable.
If you’re the leader of a small or midsize manufacturing, wholesale distribution or online retail enterprise and are ready to experience improved speed, precision and productivity take a minute to officially erase inefficiency with the help of our IT and SAP software consultants‚ at Cornerstone for SAP Business One ERP software today.
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Free SAP Business One Test Drive
Check out the ERP system now via this SAP B1 Test Drive
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Free 30 Day ERP Software Trial
Contact us today about this SAP B1 30 Day Free Trial
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Free SAP ERP Video for SME’s
Watch and learn more about SAP ERP via this Video
Contact SAP VAR Partners at Cornerstone Consulting, Inc. for SAP Business One
If you’re‚ interested‚ in working‚ with an innovative, technology‚ consulting, web development, IT firm specializing in business automation and optimization, then you can rely on Cornerstone to provide‚ outstanding software products, technical support and related services for all areas of your small or medium-sized‚ business. Our talented programmers, trainers and consultants‚ specialize in‚ providing clients with optimal‚ business process configuration, integration and automation.
