SAP Business One Helps Supplement Industry With Product Tracking
A New York Times article entitled, “Herbal Supplements Are Often Not What They Seem” revealed that large, well-known companies have sold mislabeled, contaminated, and/or improperly advertised supplements to consumers. The research uncovered that supplements were not what they claimed to be, and pills labeled as popular herbs were often diluted, or completely replaced by inexpensive fillers like soybean, wheat and rice. In addition, many questions were raised concerning rampant labeling fraud through out the entire supplement industry. The use of cheap fillers in supplements as opposed to the plants that were advertised on the product’s labels was cause for great concern by Eric T. Schneiderman, New York’s attorney general. Within the New York Times article entitled, New York Attorney General Targets Supplements at Major Retailers, Mr. Schneiderman stated, “Mislabeling, contamination and false advertising are illegal. They also pose unacceptable risks to New York families “” especially those with allergies to hidden ingredients.” Following an extensive investigation, several major retailers (GNC, Target, Walgreens and Walmart) were forced to stop selling various store-brand supplements.
In the past, the quality and safety of dietary supplements had been exempt from strict regulatory oversight. Over the course of a few years, many articles have been written about retailers who sold potentially dangerous herbal supplements to the general public. The revealing news reports prompted the Food and Drug Administration (FDA) to investigate the companies that sold products which contained misleading herbal products ingredients. In addition, legal action was threatened against some retail companies that sold misleading herbal products. In particular, the FDA specifically targeted companies that sold supplements which contained dangerous ingredients. As a result of the investigations, many retailers were forced to remove the fraudulent supplements from their shelves.
For leaders of companies in the supplement industry, it is critical for your business to have software that can help you keep up with ever-changing government legislation and meet specified FDA requirements. With the right traceability software you can identify products affected by any potential defect or known harmful ingredients, and minimize recall costs. The item tracking capability within SAP Business One can help you quickly identify defective products prior to customer delivery, and dramatically reduce costs associated with a government issued recall.
SAP Business One Offers Immediate Product Traceability
If an supplement is found to be contaminated, mislabeled, or fraudulently advertised, the product can pose a great risk to the public and be subject to a recall by the FDA. In the event that an item is deemed dangerous to the public and subsequently recalled, the product must be swiftly located, quickly isolated, as well as removed from retail stores.
Without the right software and technology, leaders of manufacturing, distribution, and retail businesses may not have full visibility into their inventory management system. Whether your items are manufactured and/or distributed, the SAP Business One enterprise resource planning (ERP) business management software system ensures that companies like yours can quickly and easily track all of your products.
SAP Business One Provides You With an Inventory Management Console to Quickly:
- Perform instant item queries
- Manage products in multiple warehouses
- Track goods through the entire inventory cycle
- Monitor all stock transfers from one warehouse to another
- Generate comprehensive reports regarding items and all associated transactions
SAP Business One Enteprise Resource Planning (ERP) Helps Businesses With Real-time Product Traceability
If you are a manufacturer and/or distributor that is required to demonstrate that you are compliant with the Dietary Supplement And Health Education Act (DSHEA) and are meeting the FDA’s requirements for product tracking, now is the time to consider implementing the amazing business management software system, SAP Business One (often referred to as SAP B1). With this ERP software solution, you can collect all data related to an inventory transaction (item(s), financial accounting, customers, vendors) in one place. Having all of your data in one database helps you improve inventory tracking, control and management. SAP’s integrated business management software for growing small and midsize companies makes all this possible. The business software provides you with the right stock management tools that will not only help your business meet expectations for compliance, but also make all departments within your entire enterprise extremely efficient.
By design, the software system provides you with the ability to easily track, control, and manage your inventory. In addition, the integrated system of accounting, customer relationship management (CRM), inventory management, material requirement planning (MRP), and light manufacturing software streamlines processes so that you can quickly follow up on quotes, process orders, and maintain accurate data through out your entire enterprise.
Oustanding SAP System for Small and Midsize Businesses
SAP’s best selling ERP system is SAP Business One. The business management software solution is the fastest selling ERP solution on the market for these reasons:
1. It is simple to use. Please see the SAP Business One iTour
2. It is affordable. Professional (super) users approx. $3,000. Limited (financial, logistics, CRM) users approx. $1,500
3. Built by the world leaders in ERP, SAP, on the latest software and technology platform. Can be run on iPads and iPhones
SAP Business One is a fully integrated business management system which includes functionality around financials, sales, purchasing, distribution, HR and customer relationship management (CRM). 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.
SAP’s best selling ERP for small and midsize businesses (SMB and SME) can be installed and run on your on-premise server or in a cloud. The database options are MS SQL and SAP HANA (for querying data at lightning fast speeds). MS SQL is a traditional database. SAP HANA is an in memory database.
As a singular data system, right “out of the box” the software offers completely integrated:
- Sales Opportunity Management
- Order Entry
- Accounts Receivable
- Accounts Payable
- Customer Relationship Management (CRM)
- Business Partner (Customer/Vendor) Management
- Production Entry
- Material Requirements Planning (MRP)
- Service Management
- HR Management
- Crystal Reports Reporting Engine
- Dashboard and Analytics Displays
If you are researching enterprise resource planning business management software systems, and would like more information about the fastest selling ERP program on the market, Cornerstone Consulting specializes in:
- SAP Business One
- SAP HANA in memory database
- Electronic and Mobile Commerce
- Enterprise Mobility
- Bar codes and Scanning
- Business Intelligence (BI)
- Business Analytics
- Cloud Computing
- Custom Programming
- Web Development
You’ve Got to see SAP Business One to Believe it!
Call Cornerstone today (813) 321-1300 to see this amazing integrated accounting, CRM, inventory management, and warehouse management software system.
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Cornerstone Consulting is a Value Added Reseller (VAR) Providing SAP Business One Software, Related Services and Tech Support to Small and Midsize Businesses
Leaders of Manufacturing, Online Retail and/or Wholesale Distribution companies located in FL, as well as organizations located through out the U.S., rely on Cornerstone for enterprise resource planning (ERP) business management systems, software services and on-going technical support. As an award-winning Business Partner and Value Added Reseller as well as SAP Business One Gold Partner, our expertise is outstanding. Cornerstone Consulting has been providing state-of-the-art business software systems, as well as related technical support, to small and mid-sized manufacturing and wholesale distribution enterprises for more than thirty years. Looking forward to helping your business leverage SAP Business One software and cutting-edge technology.