SAP B1 Stock Prod MRP

Stock Management

Optimised Inventory Management Processes
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 material requirements for complex, multilevel production processes and maintain an optimum level of inventory.
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.

Warehousing and Stock Locations

SAP Business One lets you manage multiple warehouses from a central console. Perform instant availability checks and track item stock levels with real-time visibility of the inventory you have “available to promise.” The software provides you with quantity details that are adjusted by what is already committed to other customers, incoming purchases, and production orders. In addition, SAP Business One features a comprehensive and advanced bin location feature which allows for the precise location and quantity management of stock within a warehouse. Bin Location Management also enables the implementation of item and location rule management for more accurate management of receiving, replenishment and put-away activities.

Item Management

The master data management feature in SAP Business One lets you maintain item numbers and descriptions with detailed purchasing, sales, and inventory data. It also supports multiple Units of Measure in sales, purchasing, and inventory documents. This means you can purchase and sell your inventory in different units (such as buying in cases and selling in individual bottles) while continuing to maintain an accurate count of units in stock. SAP Business One also supports multiple barcodes per stock keeping unit.

Stock Movement

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 also 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. The pick-and-pack manager in SAP Business One lets you quickly create pick lists and pull the listed items from the inventory. 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 arehouse, item, item group, vendor, or any custom-defined property. Stocktaking forms are generated and printed using the print layout designer in SAP Business One.

Production Management

The SAP Business One Production Module allows for the creation and control of your production processes. From the management of Bill of Materials (BOMS) through to Receipts and Issues to Production Orders SAP Business One has the ability of keeping control and calculating the costs of Production.
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