Business Central allows you to manage all aspects of your Inventory.
Many different properties can be specified such as:
- Units of measures
- Methods of costing
- Different posting groups
Stock transactions supported are sales, purchases, and stock adjustments from journals.
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Inventory can be grouped in a hierarchy. Custom categories can be defined by specific attributes.
Custom data attributes can be defined to apply to inventory items. Fields such as colour size, dimensions, etc. can be added and then used for data analysis.
Different data types such as lists, integers, and text can be used. These attributes can have conditions applied to make fields mandatory, or no longer applicable.
Serial number and lot tracking are both supported. These numbers can be manually or automatically assigned.
From a single order line entry, you can receive and ship multiple quantities with serial or lot numbers.
Manage inventory in multiple locations. Locations could be warehouses, distribution centers, retail outlets, and service vans/vehicles.
Stock Keeping Units
Manage stock-keeping units (SKUs). The same item with the same item number can be stored in different locations. They can be uniquely managed at each location.
Different replenishment rules, cost prices, manufacturing rules, etc., can be individually managed by location.
manufacturing information, and so on, based on the location.
Stock can be transferred between locations. You can account for the value of stock that is in transit.
You can set up multiple shipping agents. Allocate a default shipping agent per customer and specify those details on the Sales Orders.
Landed or Item Costs
Additional costs such as insurance, duties and freigh can be included to accurately reflect the true cost of an item.
Multiple Item Numbers
You can store customer, vendors and manufacturers' items numbers as well as your own. You can then easily cross-reference information from each of these entities, as well as generic numbers, universal product codes (UPCs), and European article numbers (EANs).
Alternative Stock Items
You can suggest alternative items if you have unavailable stock items on orders. You could also use this feature to offer a lower-cost option.
You can create purchase and sales budgets for customers, suppliers, and inventory items.
The budgets can then be used to calculate future demand to support operational decisions such as purchasing and logistics.
You can then report on actual vs budget.
Analytical data can be provided to decision-makers that combines different objects such as customers, items, and suppliers.
You can set up cyclical counting based on item or SKU level to ensure inventory level accuracy.