Different requirements in Inventory management
Managing inventory in food industry is not a mean task. Different food products have different shelf
lives, different storage conditions, and different perishable rates – both for raw materials and final
products. Even the thought of trying to manage the inventory manually can get scary and
overwhelming. Imagine mixing up the data of two food products and storing them inappropriately. It
would result in massive food and financial loss. Companies can store all inventory/storage data in
minute details making it possible to achieve a high degree of accuracy and efficiency.
- Recipe Management and Formulation Production Scheduling
- Inventory and Warehouse Management
- Material Requirement Planning Automatic Data Collection
- Product Costing
- Import and Export Management Co-Products Management
- Production Scheduling
- Product Costing
- Automatic Data Collection
- Co-Products Management
Why SAP Business One?
- This solution provides integrated sales, purchase, manufacturing, finance and operations within a single system
- It helps in controlling the entire process of production, packaging and distribution by efficiently managing stock
- Using this system you can control items or ingredients throughout the whole value chain automatically thereby reducing manual workloads
- Improves visibility of raw materials and work in process efficiently with ease in handling returns of goods
- View and report on component supplies in production and finished goods with fully integrated inventory management
- With use of Material Requirement Planning (MRP) feature, products’ seasonal planning and forecasting can be done
- The solution helps in managing inventory across multiple warehouses and provides full traceability with batch numbers and expiration dates
- SAP B1 supports multiple ways of manufacturing products with various recipes
Implementation Highlights
Key Challenges
- Conversion of the complete manual system to an automated system
- The manufacturing master not available
- Unskilled Users
- Almost all operations on paper
- Lack of qualified manpower
Benefits
- Reduced errors and ordering time which leads to on time delivery
- Accountability of the entire supply chain from vendor to customer
- Flexible multi-level margin calculation
- Easy management of by-products and co-products
Benefit in Recipe Control
The complex technical information such as quantity and costing comes in different formats and
unit of measurement. For example, you may buy raw materials in tons, convert them into KGs
and sell the finished product in dishes. Moreover, you have hundreds of multi-level recipes with
thousands of pre-mixes and raw materials that need to be handled with a number of instructions,
precautions and measures. Managing all this is definitely not an easy job, and virtually impossible
to be done manually. Even the traditional or legacy software can’t support these needs of modern
businesses. Only a tool as competent as a process ERP can handle these conversions easily. It
allows superior command over formulation for overall product and process consistency.