What do you think is the advantage of inventory management system of SAP B1
module? The advantages of Inventory Management System of SAP B1 module are the following: 1. It has an excellent item management. The system allows the users efficiently manage items either individually or by group with the use of Stock Keeping Units (SKU), item codes, supplier catalogue and foreign description. 2. It has goods issue and receipt control. The system records the goods issued and received. It also tracks the stock transfers and enables drop-ship and consignment. 3. Up to date, efficient reporting The system can easily generate reports with up to date information which can be of great help in making decisions regarding the matters about the inventory. 4. It helps improve the services to customers By using the system, the chances of having stock outs and shortages will be lessen because of its excellent inventory management. It also helps in making on time delivery to customers. 5. It reduces inventory cost In the long run, the cost incurred in managing the inventory will be lessen because of the improvements in the materials planning and inventory control.
Reference: Hart, M. (2014, November 13) The Features of Inventory Management in SAP. Retrieved from http://sap.walkme.com/features-inventory-management-sap/