We discuss “How to Expedite ?” …the ERP implementation…. in this series of Management Lectures
by Making Business Better Team, the Consulting Arm of Finsys Infotech Limited
Topic # 4 : Opening Stock Finished Goods ( How to expedite ERP Implementation ) – FG Stores
So, in this Lecture we share how to make FG Stores start working… Fast
Why this is important ?
a) Proper Despatch
b) Proper Traceability of Despatch
c) Proper Invoicing
d) Proper Debtors / Accounts Receivable
e) Proper Accountability … FG stock is like CASH too
f) FG issue for Deliery will be so correct and fast, if we scan and issue using scanning
Good for Accounts
Good for Quality
Good For Sales
Good for Stores
Invoicing is just an enabler Work.
The Real reason of Invoicing or FG Production Entry is :
- 100% Accurate FG Stores
- What happened Right ?
- What did not happen Right ?
- Which Shipment was missed to be delivered on time ? and why ?
- What is the FG stock in hand, vs pending Sales order ?
- What is rejection in FG ? Why ?
- What are FG Stock value ? Correct ?
- Which are non moving FG batches ?
- Which FG batches have given rejection ? Why ?
- FG below minimum level
- FG above Maximum Level
- FG below Reorder Level
- And such other MIS Reports in the FG Stores Module
So, do not focus just on Invoice or FG production entry, It is “just a step” to get to all the above reports in any Good ERP Software ….like Finsys ERP
Where are we now ?
- How many FG are available in FG Stores as on 23-4-2021, morning ?
- Of these how many FG are in ERP now ?
- Accurate ?
- Percent of (barcode pasted) to (Total required) ?
What is required for that ?
Reach for the stars, Comeon !
Yes ! you can do it