Inventory & Warehouse Management Inventory & Warehouse Management - in short Inventory and Warehouse Management manages and optimizes all movements in logistics facilities. With mySAP ERP, you can maintain high levels of customer satisfaction, improve capital efficiency with better productivity in logistics, and reduce costs by lowering inventory levels and consolidating shipments through support of the following business activities: •
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Record and track the quantity and value of all materials, perform physical inventory, and optimize all warehouse resources. Plan, enter, and document warehouse-internal war ehouse-internal stock movements by managing goods receipts, goods issues, storage, picking and packing, physical stock transfers, and transfer postings. Manage workload planning, wave picking and order consolidation, radio frequency and barcode scanning, handling-unit management, cross-docking, and real- time monitoring of all activities.
Inventory & Warehouse Management - in more detail Inventory and Warehouse Management in mySAP ERP supports and improves processes at warehouses and distribution facilities, and it can be used locally to improve the functions of an individual warehouse, or as part of an integrated, decentralized, enterprise-wide management system. Combining delivery and warehouse information with data from customers, suppliers, and logistic service providers delivers accurate, up-to-date information to all partners, thereby improving visibility and reducing errors. Also, Internet-enabled collaborative features are available to support: online shipment tracking, web-based execution of packing functions on the warehouse floor, online delivery confirmation and automated discrepancy handling throughout the invoicing process, and support for advance shipping notifications (ASNs) so that suppliers can provide delivery and packing information to the receiver in advance of an orders arrival. All major areas of Inventory & Warehouse Management are supported, including the following: • • • • • • • •
Workload planning Wave picking and order consolidation Direct radio frequency and barcode scanning Handling unit management (compliant with EAN/UCC 128) Enhanced task management Resource optimization and control Monitoring and alert generation Cross docking
mySAP ERP offers the following benefits for Inventory & Warehouse Management: • •
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Reduced inventory levels: By being more responsive and agile to demands. Improved resource utilization: With support for cross-docking processes and data collection technologies such as radio frequency identification and bar coding. Improved facility management: With real-time stock keeping and stock evaluation that help businesses better track, manage, and plan inventory and warehouse status. Accelerated collaboration: By supporting Internet-based collaboration, mySAP ERP enables rapid transactions, cost reductions, and increased transparency among trading partners. Higher employee productivity and satisfaction: By taking advantage of role-specific portals and new data collection technologies to give workers easy access to the information. Improved decision making: By providing rapid, accurate data access and real-time reports, mySAP ERP provides managers with the data they need to make informed decisions.
