Need a Better Way of Tracking Your Inventory?
Whether you need to track your products for the FDA or for your own purposes, SAP Business One offers an amazing inventory tracking solution for you. If you’re looking to streamline the tracking of your products, the inventory module within SAP Business One (SAP B1) is unsurpassed. SAP Business One lets you manage multiple warehouses from a central console. You can perform instant availability checks and track item stock levels with real-time visibility of the inventory you have “available to promise.” As SAP Business One fully integrates inventory and accounting transactions, the software provides you with quantity details that are adjusted by what is already committed to other customers, incoming purchases, and production orders.
SAP Business One provides both serial and batch number management to track goods through the inventory cycle. You can generate and assign serial or batch numbers for items received from vendors, and draw from available batches when items are released. To simplify tracking even further, SAP Business One allows you to integrate bar coding to pick or transfer items between locations. Further, you can easily view all equipment and corresponding serial numbers sold to a customer or range of customers.
SAP Business One allows you to allocate the serial and batch items to sales orders and A/R reserve invoices throughout the pick and pack process. In addition, in the pick and pack process when you allocate the serial and batch items, you can do the following:
“¢ View the status of the allocation of each serial or batch to the base sales order or A/R reserve invoice row and its pick list(s)
“¢ Update the allocation of each serial or batch to the base sales order or A/R reserve invoice row
“¢ Access the first pick list that is created for the sales order or A/R reserve invoice row and to which the serial or batch is allocated, and change the allocation if required
SAP Business One records goods receipts and goods issues in any warehouse and allows you to track your stock transfers from one warehouse to another. By integrating individual item prices or price lists, the application simultaneously updates inventory valuation. SAP Business One fully integrates inventory and accounting transactions. As a result, when stock levels are adjusted, inventory accounts are immediately credited or debited, and applicable inventory variances are accounted for as soon as a stock movement is posted.
Consignment and drop-ship orders are smoothly processed by creating dedicated customer warehouses. You can perform cycle counts while orders are received and shipped, so that business activity does not have to be delayed to perform stocktaking. If the cycle count shows a level below the minimum stock point or a stock level discrepancy, the alerts management feature in SAP Business One can notify the designated warehouse roles and purchasing managers.
The inventory count functionality allows you to record initial quantities, perform inventory tracking, and post stock differences by warehouse, item, item group, vendor, or any custom-defined property. Stocktaking forms are generated and printed using the print layout designer in SAP Business One.
For almost 30 years we’ve been helping businesses like yours track your sales and purchases more efficiently. By having instant access to real-time item, lot and batch number data you are in control. If you’re looking for an easier way to keep up with what you bought and where it went, we’d be happy to show you how easily you can:
- Instantly access your vendor purchases and customer sales
- Gain full visibility of each Lot, Batch or Serial number used
- Track goods through the entire inventory cycle
- Track your stock transfers from one warehouse to another
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.