SAP Business One :Inventory management Module

Inventory Management

SAPBusiness One ERP solution delivers a robust inventory management module to help manufacturing and distribution businesses better manage inventory. The Inventory Management module facilitates efficient inventory management in real-time across multiple warehouses. Maintain cost-effective production, optimize inventory levels, and improve on-time delivery with the ability to track and record all stock movement. Manage detailed warehouse data and gain the capacity to plan production orders based on material requirement planning (MRP).                                                        

Inventory Management Made Simple with SAP B1                                                      The Inventory module supports processes to optimize inventory management, including the following:

• Managing item master data records.
• Working with serial and batch numbers.
• Managing Inventory transactions, including goods receipts, goods issues, inventory transfers, initial item quantity settings, and inventory counts.
• Managing price lists, including period and volume discounts, and special prices.
• Working with the pick and pack process.
•  Generating inventory-related reports.                                                                              

SAP Business One Inventory Management Features

 Powerful Item Management:

SAP Business One allows you to manage items by group or individually. Item codes, SKU’s, foreign descriptions and supplier catalogues

Costing and Units of measure:

Manage stock using various costing models (including average cost, FIFO), across the business or by warehouse/store.  Multiple units of measure and unit conversions

Goods receipt and issue control:

Record goods receipts and issues; track stock transfers; enable consignment, drop-ship, and other orders

Serial number tracking:

 An automatic creation of warranty records if required

Batch and Lot Tracking: 

SAP Business One offers full trace ability

Pick and Pack manager: 

The pick and pack manager capabilities in SAP Business One allows users to manage the picking and packing process within three queues. As sales orders are entered, they are displayed in the “open” queue; quantities can be marked as fully or partially released for picking. The “released” queue displays all orders released for picking. Within the “open” or “released” queues, users can automatically create pick lists per order or for a range of orders. Within the “picked” queue, orders marked as picked can be displayed and selected for packing

Efficient, up-to-date reporting:

SAP Business One can generate reports with data that is up-to-the minute based on perpetual inventory and present in various formats and dashboards . Business One Crystal Reports                                                                
For SAP ERP Training or SAP Inventory Module Training please visit the links.