Would You Like to Know Exactly Where Your Inventory is, at All Times?
Within the inventory and production management module of SAP® Business One, the application streamlines your processes to optimize operational efficiency and maximize productivity. By design, the inventory system provides functionality to expertly manage detailed warehouse data, track and record stock movements, and execute production orders.
The warehouse and inventory management tools in the SAP Business One application allow you to manage your supply chain and enhance customer satisfaction by providing reliable information about inbound and outbound shipments as well as current inventory levels. You can keep track of product inventory, quantity at each warehouse, movement history, and stocking status. Inventory data is updated in real time so that you can extract insights to meet customer demand and expectations.
SAP Business One gives you integrated accounting functionality, so you can be assured that your warehouse management and your financial accounting data are consistently synchronized. The software automatically values every goods movement and cost and price change, thereby eliminating manual interaction and the associated errors and costs.
Using integrated production functionality, you can manage various types of bills of materials and link your warehouse with your order processing and production operations. Additionally, the material requirements planning feature in the application allows you to effectively plan for complex, multilevel production processes and maintain an optimum level of inventory.
Warehouses and Inventory
- Manage inventories in multiple warehouses and locations using FIFO, moving average, or standard costing
- Maintain units of measure and item prices in local and foreign currency
- Implement serial, lot and batch number management
- Generate comprehensive item list, transaction, and valuation reports
- Record goods receipts and goods issues, and track stock transfers between warehouses
- Enable consignment, drop-ship, and back-to-back orders
- Use the pick and pack manager to fill deliveries
- Perform inventory and cycle counts
Production and Material Requirements Planning
- Create and maintain multi-levels of Bills of Materials
- Issue and release production orders manually and by backflush
- Plan material requirements using the MRP wizard
- Globally maintain prices for BOMs
SAP Business One also has a comprehensive set of reports to meet any of your warehouse and inventory reporting needs. Detailed reports on stock transactions and inventory valuations, inventory counts, production planning, and material requirements provide the information necessary to make quick and effective management decisions.
You Can Try SAP’s Small Business Software for FREE
You can try SAP Business One at no cost or obligation now. Please call a Cornerstone Consulting Certified SAP B1 Consultant at 813-321-1300 for your 30 Day FREE Trial of SAP Business One.
Cornerstone Consulting, Inc. is a top value added reseller (VAR) of SAP Business One and Comgine E-commerce. Cornerstone also offers cutting-edge: Website Design, Graphic Design, Custom E-commerce and Mobile Commerce Development, Online Marketing, Search Engine Optimization, Social Media Marketing, Custom Programming, Web Application Development, EDI, Barcodes/Scanning and Cloud Computing Services.
Schedule Your SAP Business One (SAP B1) Demo
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 integrated business management application. It offers a complete set of core functions, 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 onine retail business. What could your business achieve with SAP Business One?
Call us at 813-321-1300 to schedule your web demonstration of SAP Business One.