SAP BUSINESS ONE FOR RETAIL
BENEFITS OF SAP BUSINESS ONE FOR RETAIL
The Handheld module in SAP Business One for Retail allows users to manage store inventory using a handheld device running Windows Mobile OS version 6.0 or 6.5. Transactions such as Good Receipt PO, Stock Transfer Shipment & Receipt, Goods Issue & Receipt, Goods Return to Vendor, Stock Take, item Lookup can be performed using the handheld device.
SMS integration in SAP Business One for Retail has been incorporated with the aim of benefiting retailers and their customers. Retailers can now send SMS notifications to their registered customers. This is in addition to the email notifications that can be sent out from the application. Retailers can also SMS specific keywords to the application to receive configured reports via email.
A Merchandise Hierarchy is a reporting structure under which sales and inventories of products are tracked and managed. The function of the merchandise hierarchy is to categorize products into manageable levels for effective planning and reporting. Merchandise hierarchy has multiple levels with the highest level providing an overall enterprise view and then narrowing down to families or classes of products.
Executing Replenishment Planning process generates stock movement recommendations to replenish warehouses or stores by purchase orders or stock transfers.
Replenishment Planning calculates gross requirements based on In-Stock Quantity, Open Sales Orders, Open Purchase Orders, Forecasts, Stock Transfer Shipments, Stock Transfer Requests, etc. The Replenishment Planning also takes into account predefined planning parameters such as Minimum Inventory, Minimum Order Quantity and the Lead Time.
A central activity in any retail organization, sales forecast enables the retailer to take informed business decisions regarding inventory, cash flow or plan for growth. Forecasting in SAP Business One for Retail provides a wide range of forecasting models with an automatic “best pick” option. Forecasts can be generated based on product, product group, product categories and merchandise hierarchy. Furthermore the forecast can be consumed in Replenishment Planning calculations.
SAP Business One for Retail Dashboard Designer allows creation of fully interactive business intelligence dashboards for SAP Business One for Retail users. Dashboards include a completely optimized drag and drop feature for faster creation of dashboards. These dashboards created can either be viewed from within SAP Business One for Retail Management Console or viewed in any standard browser using the SAP Business One for Retail web viewer. With Dashboards, interactive drill down reports can also be created which can be viewed using a web browser.
Inventory Control to Avert Stock-Outs
SAP Business One for Retail delivers complete visibility across retail chain. POS operators can view entire stock across stores or at the main warehouse/distribution center at the POS. In the unlikely event of stock outs, POS operators can put items on order and fulfill them from other stores or at a later date by replenishing stock from the distribution center.
RELATED CASE STUDIES
Company: La Vida
Industry: Fast moving consumer goods
Case Study: Read the full case study here