Smart businesses understand that successful order fulfilment is essential for success as it ultimately leads to better customer satisfaction. Companies are constantly striving to improve their order fulfillment with an accurate product on time, complete documentation and quality. SAP Business One enables organizations to optimally manage their order history and operations with advanced capabilities like stock management, cycle count planning and real time inventory updates. Here are a few ways by which you can increase order fulfilment rates through SAP Business One.
Mitigate Errors and Risks With Add-Ons
Many factors contribute to errors and discrepancies in the order fulfillment process with human error perhaps being the greatest factor. However, businesses can use specially-designed add-ons to eliminate the possibility of human errors. When companies use customized add-ons for their unique business needs, they gain the added benefits of mitigating errors and risks by keeping a track of wrong SKUs and other potential human errors in their order fulfillment process.
Process Orders Quickly
Processing customer orders is a major factor that leads to ultimate customer satisfaction. Almost all aspects of order fulfilment and inventory management touch this category as processing orders would mean everything from initiating the actual order to analyzing and counting the available stock. Businesses must ensure there are effective processes in place to initiate orders. There must a process where orders are efficiently picked, packed and shipped quickly to the right place. Having a software such as SAP B1 in place can automate the entire order process from the beginning.
Accurate Inventory Count
Accurate inventory counting is perhaps the most important, yet most complex step in determining accuracy. Many inventory problems occurs with the intent of going and looking back and fixing the numbers later. In the event of emergencies, we often miss and correct the number of inventories manually in our system. This can lead to missed stock entries, negative lines of inventory, and other such problems. With an advanced ERP, warehouse managers can keep an accurate track of inventory and can perform instant availability checks and track item stock levels.
Managing Inventory Within Multiple Warehouses
Maintaining order fulfilment rates can become increasingly challenging when you have to manage inventory at multiple warehouses. Using an integrated solution such as SAP B1 allows users to manage customer expectations with streamlined order processing and operations. SAP Business One helps companies manage their stock levels across multiple locations effortlessly. So, companies would be able to create a fine balance between ensuring they do not run out of stock and holding too much inventory.
Avoid Stock Outs Situations
If an item is out of stock or not available, customers can quickly become dissatisfied with the level of service. SAP Business One allows real time visibility of inventory. It provides you an insight in quantity details, incoming purchases, production orders and other level of important details. This level of detail can help businesses stay informed, forecast inventory availability based on customer behaviours, make smarter business decisions, and create a happy and loyal customer base.
With SAP Business One by your side, it’s easy to do inventory turnover tracking, surplus inventory management and planning replenishment orders. Further, to achieve maximum benefits your integrated solution must be robust, flexible, enterprise-ready and is ready to accommodate your immediate plan and future growth.