Visma.net Logistics. Make the most of your inventory

Transcription

1 Visma.net Logistics Make the most of your inventory

2 Drive your business with a best of breed solution What is Visma.net Logistics? Visma.net Logistics is an online logistics solution that provides you with real-time information about sales data, displays goods going in and out of the warehouse and tells you when orders are ready for shipment. No matter what kind of business you are running, Visma.net Logistics offers a strong tool for adapting to your process so your business will run like clockwork. goes for supplier and products, information can be filtered by date and customised to your specific needs. Visma.net Logistics provides your business with a strong structural process. Having accurate information about your business means knowing what to prioritise and leads to fewer mistakes. Visma.net Logistics puts the control back into your hands by helping your business become more efficient and providing reliable information that leads to happier customers and better margins. Visma.net gives you Updated gross profit margin for the products being sold Real-time information on what is in stock and what is available Direct deliveries from vendor to customer Access to information anywhere at any time How does Visma.net Logistics work? Quickly get answers about your customers: financial transactions, backlogs of orders, scheduled shipments, statistics, etc. The same

3 Visma.net Logistics helps your business by: Assisting you with setting up minimum reorder quantities from the supplier, so you know the economic condition for purchasing your products and can compare it with other suppliers. This gives you information about the current cost price for the last purchase. Advanced replenishment rules can also be adopted, like seasonal or average calculations for expanding purchase suggestions. (Purchase) Giving you the possibility to add expenses Landed cost for receiving products either by allocating the cost by weight, value or quantity. The new cost price for the product will be automatically calculated. Operating with transportation costs in your business means you will have an accurate cost per unit, and will be able to make well-informed decisions to increase profitability. Upon realisation of your accurate landed cost, you may consider the way your replenishment routines work when freight cost becomes a part of your business. (Purchase) Offering you flexibility with order processing. With partial shipment, you can split a sales order into multiple shipments, so your customers do not need to wait for a full delivery. You will have full track of the original order. Partial shipment with tracking will improve your customer service and you will gain more control in your sales order processing. (Sales) Making sure that you create drop shipments to deliver goods directly to your customers. Drop shipments can be created automatically from sales orders. After the Purchase Invoice is entered for the order, the corresponding sales order will be release and an invoice will be generated for the customer. Drop shipment makes your job efficient; you do not need to worry about fulfilling sock or investing heavily in inventory. (Sales) Delivering standard pre-configured orders. With the Order Types Configuration within Visma.net Logistics, your business will be able to define order types that match your process requirements. (Sales) Tracking and measuring what is happening within your business. Helps spot trends and solve problems with the use of reason codes on every transaction related to inventory. Reason codes explain why a transaction happened and give a deep insight on stock movements. Reason codes can be linked to your financial accounts for operational reporting. Reporting the correct amount of inventory and offering ways to track stock cost and valuation. Full financial tracking means your business is always reconciled between inventory and your financial module. Visma.net Logistics is always updated on your total stock value. Choose the stock value method standard cost, moving average, and FIFO, that fit your products. Giving the option to create attributes for each product or product group. Attributes are customisable to fit your needs. With attributes, you can create your own mask for a certain product or product group, validation rules for input. Attributes help your business dive deeper into analysing stock movements or item sales statistics. Tracking and tracing items from purchase order to invoice can be done via a strong feature for controlling serial numbers or batch numbers. Expiration dates can be applied on top of serial or batch number. Manage multiple warehouses with locationspecific inventory quantities, allocations, and costs. Automatically redistribute the inventory to your warehouses upon receipt. View inventory levels across multiple warehouses. This is all you need for running an advance wholesale operation.

4 Visma.net Fact Sheet Visma.net Logistics key features Feature Description Inventory Adjustment Physical stock can be adjusted with the correct reason code. You can also adjust cost price and update the General Ledger. Valuation Method Supports several cost valuation methods. You can choose between standard cost, average cost, FIFO or specific cost for your stock items and stock valuation. Reason Codes Reason codes give you the possibility to measure trends, spot improvement areas, and can be linked to both GL accounts and subaccounts for reporting. Lot and serial numbering Track items by lot or serial number. Lot and serial numbers can be assigned or created manually when you receive, issue, or assemble items. Lot and serial number can be assigned an expiration date. To minimise losses on expired items, items can be picked on the earliest expiration date. Transfers Transfer stock items with inventory transfer from one location to another with the correct reason code. Multiple warehouse management Manage multiple warehouses with location-specific inventory quantities, allocations and costs. Place orders to a central warehouse and redistributes the inventory to your warehouses automatically. Physical Inventory Count Delivers routines for physical inventory count registration and reporting. Register and update the counted quantity with correct reason codes and update the General Ledger with the correct result. Inventory Reports Delivered with a set of standard inventory reports. Easily run reports that provide information on current inventory and past inventory. Multiple UoM (Unit of Measure) Maintain any number of different units of measure (UoMs) to be used for products that are purchased, stocked, or sold. Warehouse Delivered with one standard warehouse. This standard warehouse can have multiple location handling. Alternate Item ID Register inventory items with alternate item IDs. You can use barcodes for your stock items. Stock Item Attributes Create attributes for identifying/grouping items. Sales Categories Create sales categories for grouping items. Intrastat Supported for all EU countries. Sales Order Management Reduce order times and minimise costs by optimising the way you quote, accept, enter, and fill orders. Price and Discount Matrix Manage complex pricing and discount policies including volume discounts and multiple discounts per item and customer. Pick List Fulfil large volumes of shipments using pre-defined packing rules for specific products. Automatically determine packaging, generate labels, and confirm shipments for multiple orders. Credit limitation Prior to releasing a sales order, verify the customer s credit limit. Orders placed on credit hold are automatically released if a customer payment is entered or if the order amount is decreased.

5 Visma.net Logistics key features Shipment Documents Specify a different delivery date for each item on a sales order. Visma.net Order will generate shipment orders according to the delivery schedule and item availability. Multiple and Partial Shipment Fill sales orders with goods from the warehouse and specify if partial deliveries are acceptable. Split a sales order into multiple shipments or track the remaining sales order balance and manage back order delivery if required. RMA (Sales Return Order Management) Allows you to receive goods from customers. RMA orders can be processed as a credit to a customer balance or as a replacement of damaged goods. Every line can be marked with a reason code to specify the reason for return. Custom Sales Order Types Pre-configured order types, but if customisation is needed, defining your own order types to match your existing business process is possible. Carrier Handling Manual handling of carrier information. Drop Shipment Create drop shipment to deliver goods directly to a customer location. Landed Cost Functionality Include shipping, receiving, insurance, and duties in the total cost of your purchase items. Costs can be allocated across several goods using custom allocation methods. Partial and Consolidated Track when purchased orders are received. Orders can be partially filled, completely filled, or consolidated from multiple purchase orders into a single receipt. Receipts and Vouchers Reduce order times and minimise costs by optimising the way you handle purchase orders. Replenishment (Minimum and Maximum) Have the correct replenishment information so you can purchase the correct quantity at any given time and avoid overstocking and understocking. Purchase Order Discount Handling Manage complex pricing and discount policies including volume discounts. Cycle stock counting To optimise inventory count instead of performing a full physical count at the end of the year, cycle counting makes this process easier and provides more reliable numbers. Advanced inventory replenishment Generates purchase orders based on the inventory stock level and replenishment algorithms like moving average method or seasonality forecasting.