The SAP Business One application streamlines your inventory and production management processes to optimize operational efficiency and productivity. It provides functionality to help manage detailed warehouse data, track and record stock movements, and execute production orders.
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 with inventory management from SAP Business One. 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 (MRP) 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 warehouses 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. (See the table for an overview of warehouse and production management features of SAP Business One).