Many of the needs of the Food and Beverage (FaB) industry are met by Wholesale and Distribution software. Standard functionality such as managing stock, processing orders, creating invoices and generally managing a business. MYOB software goes further to address the specific needs that make the Food and beverage industry special. Here are some of them:
Batch/Lot Processing
Traceability is a vital part of the industry and often separate processes are undertaken to manage the origins of goods and where they went. With the inbuilt capability in MYOB to manage inventory in batch or lot numbers traceability is built in. This has a distinct advantage of handling the onerous task of tracing inward product through to final destination.
When running separate systems for traceability there is added cost in the doubling up on the administration. Making batch tracking part of the process removes the need for multiple processes, it also reduces the chance of error when the two process do not have the same quantities or final customer.
Expiry Date Management
One of the key elements of the FaB industry is expiry and use by dates. MYOB software will track the expiry date of each batch of your inventory and depending upon your business process it can be set so preference is given to releasing the oldest product first. At any time, you can review the age of inventory and determine if you need to clear items that might be falling into known tolerances.
Quality Control
Quality control is a critical detail for this industry, there are great numbers of regulations over the control of products in the market with more introduced often. MYOB Software brings you quality control capability to manage the task of passing product through quarantine or receiving processes before making it available for sale. Keeping on top of quality control is so important and MYOB is there to help.
Inventory Management
With MYOB software there are a number of tools to assist with managing your Inventory on top of the above capabilities. Reordering can be complex especially with seasonal products so a versatile and integrated solution such as MYOB can have a profound effect on the efficiency and profitability of your business.
For very large stock holdings both in volume and SKUs, warehousing can become difficult. Keeping track of where goods are stored, especially finding those items that are the oldest first can be difficult. With MYOB Software’s warehouse bin management, you can manage a large warehouse efficiently and still stay on top of the important factors of batch tracking and expiry management.
Business Rules
Another MYOB strength are the ability to setup business rules which allow you to trigger on events, meaning the system will alert you of various factors important to you. For example, if daily sale rates were increasing to a level that your safety limits or reordering is not going to meet demand then the system can alert you to the fact.
Every business has a unique set of characteristics and processes with issues that need to be managed, having a system with a strong business rules engine can meet the challenges that your business may face on an on-going basis. Setting up MYOB business rules on the fly is a powerful tool to help you address challenges as they arise.
Software Partner
Endeavour Solutions are experienced providers of MYOB Software products across a wide range of businesses. With our solid understanding of the product and a thorough approach to understanding the needs and priorities of your business selecting software which will satisfy the business requirements now and in the future is critical for the Endeavour team and ensuring we are your partner for the long term.
Together, MYOB Software with Endeavour Solutions as your implementation and on-going partner, we’ve got you covered in the Food and Beverage Industry.
Contact the team to discuss your requirements
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