Inventory Control

Inventory, for many businesses, is a large asset that demands constant attention to maximize profits. SAP Business One's Inventory function helps you keep on top of this important business asset.

Some of the features included in SAP Business One's inventory include:

• Track serial numbers for inventory items
• Assign and track inventory lots
• Create lists of substitute or alternate inventory items to improve sell through
• Maintain vendor part numbers to eliminate purchase order errors
• Transfer inventory between multiple warehouses as needed
• Separate posting to record opening inventory balances and/or update warehouse data
• Steamline inventory counting by assigning when inventory items are to be recounted
• Define various price lists and link the lists to customers or vendors.
• Define special prices for individual customers or suppliers OR peg quantity specific prices based on order volume
• Improved management of picking and packing process.
• Supports various inventory valuation methods including: standard cost, weighted moving average, and FIFO
• Define optimal order size based on minimum order quantities and average order lead time
• Links directly with MRP functionality to further improve operations
• Maintains vendor order history for review as needed
• Maintain multiple alternate vendors for each inventory product carried