The stock capabilities of SAP Business One enable users to accurately manage inbound and outbound shipments, item master information as well as price lists. Users can also define alternative items, perform stock increase or decrease adjustments, revalue stock costs based on current market values and perform cycle counts, as well as generating pick-lists for open sales orders.
As your small to medium-sized company grows, so does the complexity of inventory and distribution requirements, including stock reports, distribution processes, tracking, locating stock as well as picking and packing etc
Distributors need to be able to fulfil orders and deliver goods to customers in an efficient manner, including the ability to track, monitor, predict and manage your inventory, so that you satisfy your customers and increase your revenue targets. Whether it is an off-the-shelf product or a custom-made product, being timely is key to gaining competitive advantage, customer satisfaction and improving revenues
Per item basis. The methods currently supported are standard cost, weighted moving average and First In / First Out (FIFO). Planning data is also maintained within item master data.
Different situations or market conditions may require changes of the valuation method for your stock. With the update stock valuation method report, users can easily select items from a list and change the current valuation method to an alternative method.
Multiple levels of stock location can be defined within a warehouse which will enable the stocking of goods within individual bin locations. These locations can be configured with their own parameters, restrictions and requirements.
In large warehouses, counting stock is often a continual process. This function streamlines the process by identifying when each item in stock is due to be counted. The alerts and reports produced help ensure that items of different levels of importance are counted as frequently as required.
Serial numbers can be automatically generated based on templates. They can also be manually created and assigned only on release of an item from stock or optionally on every transaction. Users can assign batches to products and classify them by shelf life or any other freely definable attributes. The batches can then be defined for these products in sales orders, delivery notes, and stock movements.
Users can define any number of price lists and link them with customers or suppliers. It is also possible to specify prices by units of measure. For example, price per unit or per variant based on pack, box, case and so on.
The pick and pack capabilities allow users to manage the picking and packing process within three queues. As sales orders are entered, they are displayed in an 'open' queue which can be released for picking and then delivered.
This feature allows users to define production (make) items, purchase (buy) items, or non-stock items, including labour, travel or fixed assets. Default information - such as purchasing supplier, purchasing and selling unit of measure, as well as the tax status for an item, is maintained here. Stocked items can be maintained in multiple warehouses - the solution can also maintain the costs for each item in each warehouse.
Item management Item lists and price lists Goods receipts Goods issues Inventory transactions Warehouse Transfers Serial number management Batch number management Price lists in multiple currencies Special prices Period and volume discounts Pick and pack Recurring transactions Inventory Tracking Bin Locations Multiple Units of Measure Inventory Counting Much More...
The PRODUMEX Advanced Warehousing extension, from Boyum IT, is a sophisticated and comprehensive warehouse management solution (WMS) that can transform your logistics processes into finely tuned operations that drive productivity and profitability in your supply chain. The solution supports multiple warehouses and operators, processing high volumes of transactions. Boyum IT is the largest and best-known global software development partner for SAP Business One. They are a member of the SAP Partner Solution Council and have received more than 17 SAP Awards.