Manage item master data, serial numbers, and price lists, as well as define alternative items, perform inventory increase or decrease adjustments, execute cycle counts, and generate pick lists for open sales orders. The software offers the following inventory control functionality.
Item master data – define production items (make), purchase items (buy), and noninventory items (labor and travel,for example) while maintaining default information such as purchasing supplier, purchasing and selling unit of measure, and tax status for each item. You can maintain inventoried items in multiple warehouses with differing associated costs depending on location. SAP business one supports most common inventory valuation methods, including standard cost, weighted moving average, and fifo methods. You can define a procurement method (such as make or buy) as well as order intervals in which to purchase an item (monthly, weekly, or daily, for instance). You can also define the lot sizes in which to purchase items, the minimum order quantity, and the average lead time. You can then use this information in conjunction with the mrp functionality.
Serial numbers – Automatically or manually generate serial numbers using templates.
Lots – Assign lots to products and classify them by any freely definable attribute (shelf life, for example), then define the lots for these products in sales orders, delivery notes, and inventory movements.
Substitute items – create a list of alternative items when a customer’s selection is not available, ranking substitute items based on similarity of item, price, or quantity.
Business partner catalog number – maintain a cross referenced table of customer and supplier part numbers to inventory part numbers. You can use customer part numbers on purchasing documents in lieu of inventory part numbers.
Goods receipt and goods issue – record goods receipts and issues that are not directly related to a sales or purchasing document.
Inventory transfer – move inventory among warehouses.
Inventory revaluation – reevaluate your item costs and inventory value without changing quantity levels.
Inventory posting – enter opening balances for inventory items and update warehouse data.
Cycle inventory counting – Streamline inventory counting by identifying when each item in inventory is due to be counted. The alerts and reports produced help ensure that items of different levels of importance are counted as frequently as required.
Price list – define a variety of price lists and link them to customers or suppliers. Quickly create dynamic links between price lists, which are updated automatically whenever the primary price list changes.
Special prices – define special prices for individual customers or suppliers, quantity specific prices pegged to order volume, and a validity period for each price.
Pick and pack manager – manage the picking and packing process within multiple queues. As sales orders are entered, they are displayed in the “open” queue and can be marked as either fully or partially released for picking. the “released” queue displays all orders released for picking, which you can mark as fully or partially picked. Within eitherthe open or released queues, you can automatically create pick lists for an order or range of orders. This feature offers extensive drill down functionality that includes customer and item master data as well as originating documents.