Globus Labs - SAP Business One

Keeping the right quantity of each item at all time is practically an art, and when considering delicate or very expensive items – having too many or too little is not an option. SAP Business One enables you to optimize the inventory levels of each item by defining the required quantity, minimum, and maximum levels: Now, choose whether SAP Business One should notify the user or block a transaction in case it causes deviation from the defined inventory levels:

Inventory management is a big deal. You need to store it in appropriate physical conditions, monitor expiration dates, protect it from any kind of damage, and if you made it successfully so far – you must count it accurately to make sure it is reflected in the books correctly. When you count your inventory once or twice a year, each count takes lots of time, usually done in a hurry, sometimes with outsourced help and may reveal significant gaps comparing to the books. To avoid unwanted surprises and continuously increase the accuracy of inventory status, SAP Business One enables you to set cycle counts on a regular basis: When conducting a frequent count, the counting process is more efficient, takes less time and if inconsistencies are discovered, they are probably minor. Investigating the cause of small inconsistencies revealed during a frequent count may prevent larger gaps in the future. Now, assign the relevant inventory cycle to the respective warehouse, either per item

SAP Business One  manages your business and the complexity of your growing business needs affordably – Be it from sales and customer relationships to financials and operations. Designed specifically for small businesses it helps streamline processes, gives you a real time in-sight of your business in order to make the quick decision, act on timely information, and thus drive profitable growth. In order to be competitive in challenging environment, ones need to have a vivid view of all aspects of one’s business. It means streamlining your various business processes and able to get the right information at right time so that your make an influencing and progressive decision. If you can effectively track and access all customer-related information, for example, you can better service your customers at every point of contact, helping ensure repeat, loyal and recurring businesses. And if you can accurately monitor and manage revenue and expenses, you will be positioned to optimize cas

If you ask any company what the most challenging part of managing their business is – 9 times out of 10, they will say inventory management. This is because inventory management affects many different parts within a business organization – from warehouse management and on-shelf availability to loss prevention, financial audits and customer satisfaction. It only gets more complicated as more product SKUs and locations are added. As your business grows, how do you ensure you are maintaining the right amount of stock? Hold too much, and you may tie up working capital and inhibit growth. Not enough, and you may disappoint customers. A rock-solid inventory management system becomes even more critical when scaling your business. Businesses are faced with: ·          Duplicate entry into disparate systems Often, companies use multiple systems to help manage their operations, including QuickBooks and Microsoft Excel. Initially, they find that the systems become insuffi