Identifying the top 3 hidden costs of stockouts by Nicole Brennan SAPB1 Guy / Wednesday, October 5, 2016 0 4382 Article rating: 5.0 The costs of inventory stockouts has been well documented and it is no secret that having insufficient inventory on hand can be detrimental to the profitability of a business. In an effort to keep inventory costs down, many businesses have been keeping their inventory lean. While this is a strategy that can be beneficial to the bottom line, if proper measures are not put in place to closely monitor and optimise inventory levels, keeping inventory too light can also result in lost sales. Read more
5 Ways SAP Business One helps increase order fulfilment rates by Nicole Brennan SAPB1 Guy / Tuesday, October 4, 2016 0 4168 Article rating: 5.0 Successful order fulfillment can be a competitive advantage for businesses. It is customer-centric in that it encompasses the process of meeting your customer’s needs by processing and delivering their orders. It is how your business responds to customer orders and how efficiently the orders are processed and delivered. Read more
7 Inventory Management Essentials for Small and Mid-sized Businesses by Emily Warren SAPB1 Guy / Monday, October 3, 2016 0 5047 Article rating: 5.0 Inventory represents one of the largest expenses for many small and midsize enterprises (SMEs). Balancing accurate inventory management with cost-effective production is crucial for delivering on promise and keeping customer satisfaction high. Read more
10 Questions to Consider When Assessing Inventory Control Effectiveness by Emily Warren SAPB1 Guy / Thursday, September 29, 2016 0 4904 Article rating: 5.0 Because inventory is the bread and butter of a distribution business, it’s imperative that industry leaders utilise the best inventory management software tools to streamline and optimise warehouse operations. The right software can also help distributors overcome common inventory and warehouse challenges. Read more
How to Access and Generate the Inventory Audit Report in SAP Business One by Cherry Hidjaja SAPB1 Guy / Tuesday, August 23, 2016 0 5275 Article rating: 3.7 One of the real values of SAP Business One is its perpetual inventory system. The perpetual inventory system immediately updates every transaction processed, no matter what area of the business the transaction originates from including sales, purchasing, production, receiving, shipping or general inventory management. Read more