This demonstration provides an SAP Business One Tutorial for beginner on Inventory Management Functionality in SAP business one and learn how to manage inventory for small business.
Using SAP Business One, the best inventory software for small business, you can track your inventory in the warehouse in real time. Every transaction that you add, will update your inventory quantity levels, and if you are using perpetual inventory, the monetary value as well. Most companies require the ability to report their inventory situation at any time; while some companies such as services providers, do not have the need to track inventory information at all.
This demonstration covers the following functionality:
Warehouses and Bin Locations in SAP
Warehouses are key building blocks of your company database. If you keep inventory in stock, you have a constant need to know which items you have, how many, and where they are located. Knowing this helps you make better decisions in terms of fulfilling customers’ orders and planning your future purchases.
Within the warehouse you can define up to 4 sublevels which can be used to identify a bin location. A sublevel can
be an aisle in the warehouse, a zone, an area or even a shelf. Bin location codes consist of the warehouse code
plus the code for each sublevel.
Pick, Pack and Production Manager
The pick and pack process is an optional step in your sales and production cycle. If you manage a large warehouse, and have dedicated personnel to collect the items, pack and ship them, then the pick and pack manager can be helpful. The pick and pack and production manager scans your open sales orders, production orders, inventory transfer requests, and reserve invoices by requested delivery date and priority. It also presents the accumulative available quantities ready to be picked and shipped.
Cycles Counts and Inventory Tracking
Periodically, you are required to conduct a cycle count to verify that the on hand quantities as they appear in SAP Business One match the physical count in the warehouse. Use the Bin Location Content List report to replenish and move inventory easily.
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