Sage 100 ERP Function: Inventory Management

Over the next weeks our Sage 100 ERP (formerly Sage ERP MAS 90/200) blog will discuss the core functions that encompass Sage 100 ERP.  Each post will detail the different aspects of Sage 100 ERP that allow you to have total control and visibility of every facet of your business including the functionality of Purchasing Management, Accounting and Finance, Customer Relationship Management, Sales Management, Business Intelligence and Reporting, etc.

In the last blog we featured Purchasing Management for Sage 100 ERP which allows you to efficiently streamline your entire purchasing process from order to delivery. This post will discuss the Inventory and Warehouse Management features in Sage 100 ERP.  With Sage 100 ERP you will get up-to-date tracking and reporting which allows you to cut down the cost of lost sales due to understocked inventory and the costs of an overstocked inventory.  In addition you can easily get the products into the hands of your customers quickly and efficiently.  The rest of this blog will describe the functionality of Inventory Management and other modules like Bar Code and Shipping.

Inventory Management

Inaccurate inventory counts can cost you sales and delay shipments past the promise date. Out-of-stock items as well as overstocked items in inventory can be devastating to your business. Additionally, an overstated or understated inventory valuation can result in incorrectly reported assets within your financial statements.

Inventory Management offers comprehensive reporting capabilities to keep you on top of inventory status. Generate reports on item pricing, stock status, detailed sales history, backorder information, reorder points and recommendation, valuation, turnover, sales analysis, and much more. And adding the Business Alerts module can keep your staff on top of quantity changes to critical inventory items to keep stocking levels precisely where you want them. Properly used, the Inventory Management module can help bring about the formulation of new or improved purchasing policies, sales policies, pricing methods, and even enhanced customer service. Inventory Management could also provide your company with an additional edge over competitors that are unable to access the same strategic information.

Bar Code

Streamline your warehouse processes using Sage 100 ERP (formerly Sage ERP MAS 90 and 200) Bar Code to enable your shipping and receiving staff to collect data rapidly and accurately.

Sage mas 90 tutorial

Increase your shipping and receiving staff’s data collection using cradle-style or radio-frequency handheld devices.

Gather, validate, and verify an array of data utilizing the power of the features and functionality of Bar Code including inventory counts, quantities, item numbers, and lot and serial numbers of goods shipped and received. Easily incorporate information from your bar-code hardware and bring it into your Sage 100 ERP system, saving valuable processing time over data-intensive manual entry. Advanced Bar Code features can virtually eliminate costly data entry errors, such as shipping the wrong product or the wrong quantity to customers. In addition, Bar Code can automate procedures for dozens of employees, and many businesses discover that bar coding pays for itself with the very first use.

Bar Code processes multiple types of Sage 100 ERP transactions for Sales Order, Inventory Management, Bill of Materials, and more, streamlining warehouse processes by enabling your shipping and receiving staff to collect data rapidly and accurately. Radio-frequency handhelds are supported, and when you add important information to your items, sales orders, purchase orders, or bills using user-defined fields (UDFs), it also flows through into your bar codes. For instance, if you add a product style or color field, they will print and correctly scan during receipt of goods and sales order shipments. Also, to simplify the resolution of import errors, a Barcode Rejection Maintenance task provides clearly stated reasons for the rejection, such as Invalid Item Codes or Insufficient Quantity Available.

 Shipping

One of the more daunting challenges faced by companies across industries is to efficiently manage costs while still exceeding the high expectations of customers. Shipping helps you get your products into your customers’ hands quickly and economically by facilitating all forms of shipping, including, Small Parcel Shipping, LTL, full Truck Loads, Company Vehicle, or a combination of them all, utilizing any carrier. By seamlessly connecting to the technology provided by carriers (web services, HTTP Post, tracking/ pro number algorithms, or pre-generated tracking numbers, and so on), Shipping allows you to easily select the best way to ship and reduces freight costs. Not only do you realize lower freight and labor costs, with Shipping you get a cost-effective solution that is updated automatically and works with your current process and hardware—no specific printers or scales required. Take advantage of full visibility across all your locations into your shipping process through a single web-based platform for Shipment Creation/Cancelation, Address Validation, Multi-Carrier Rate Shopping, Carrier Label Printing, Tracking, and Proof of Delivery all within Sage 100 ERP.

Contact Our Sage 100 ERP Team

Are you interested in learning more about the features in Sage 100 ERP? Contact SWK’s Sage 100 ERP professionals to learn how these enhancements can benefit you. For additional information please contact us at 877-979-5462, or click here to contact us.

SWK Technologies, Inc.