Blanket Sales Orders and Releases

Posted Posted in Distribution

What Is? ​Manufacturers have moved toward simpler methods of supply. To this end, sales order processing has simplified where inputs to sales orders are now done through a blanket order. This is the first step in the simplification process. ​The blanket order, through Requirements Planning, creates expected requirements. In addition, […]

Counter Sales

Posted Posted in Distribution

What Is? ​Counter Sales is a business or place where a product or service can be purchased. The capturing of data is done at the time and place of sale. ​Within SYSPRO, you could use computers or specialized terminals that are combined with cash registers, bar code readers, optical scanners […]

Inventory Families and Groupings

Posted Posted in Distribution

What Is? ​Forecasting refers to the process of making statements about future occurrences where the actual outcomes have not yet been observed. Forecasting is an inexact science that is an invaluable tool if the following is kept in mind: Forecasts should be tracked. There should be a measure of reasonableness […]

Inventory Control

Posted Posted in Distribution

What Is? All Businesses who sell or manufacture products require Inventory. As Inventory is an asset which ties up capital, it must be managed smartly to ensure effective utilization of capital. There are many costs associated with holding Inventory. These include, capital, insurance, holding costs, obsolescence, shrinkage and theft. Other […]

Inventory Forecasting

Posted Posted in Distribution

What Is? ​Forecasting refers to the process of making statements about future occurrences where the actual outcomes have not yet been observed. Forecasting is an inexact science that is an invaluable tool if the following is kept in mind: Forecasts should be tracked. There should be a measure of reasonableness […]

Inventory Optimization

Posted Posted in Distribution

What Is? What is Inventory Planning? Inventory planning is the process of determining the optimal quantity and timing of inventory for the purpose of aligning it with sales and production capacity. Inventory planning has a direct impact on a company’s cash flow and profit margins, especially for smaller businesses that […]

Landed Cost Tracking

Posted Posted in Distribution

What Is? ​Landed cost tracking (LCT) provides visibility of imported goods while retaining control of all associated costs, resulting in accurate landed costs. ​Within SYSPRO, landed cost tracking tracks the purchase orders that your merchandise goods are ordered on; the ship, aircraft etc that the goods are despatched on and […]

Pricing and Costing

Posted Posted in Distribution

What Is? What Is Pricing? A price is the value of the payment asked by one party from another in return for goods and services provided. When determining prices, organizations need to consider the overall marketing mix – product, price, place/distribution, discounts and promotion – in order to achieve a […]

Purchase Orders

Posted Posted in Distribution

What Is? Businesses need to purchase goods and services to meet the needs of their sales initiatives. For example goods for resale or materials for production purposes need to be acquired. They need to keep track of the value of these goods and services acquired to pay for these charges […]

Sales Analysis

Posted Posted in Distribution

What Is? Sales Analysis is a procedure involving the gathering, classifying, comparing, and studying of company sales data. It may simply involve the comparison of total company sales in two different time periods. It is a determination of the extent to which a sales force has met its sales objectives […]