Microsoft Dynamics NAV really comes into its own if you need <stock control software that streamlines stock management inside the warehouse.
With NAV, you can manage goods and space much more effectively. For example, you can define criteria to comply with the most efficient pick patterns and define picking criteria to maximise your warehouse space and/ or efficiency.
Within the warehouse itself, you can assign items to multiple bins and put-away locations, and the inventory management software will keep an accurate record of every item’s location. The result – better use of warehouse space, keeping your costs down.
Lot and serial number tracking are standard within NAV, and you can activate these features where needed. NAV can assist in the stock management of these products by allowing you to:
- Track ‘Best Before’ dates – minimising wastage
- Handle tracking of batches
- Facilitate any product recalls or messages that relate to a particular batch
Microsoft Dynamics NAV tracking
Because NAV makes tracking items within the warehouse easy, it helps you to easily find any product, flag errors or track missing stock in the inventory management system. As you have access to accurate stock data at any given moment, staff spend much less time locating items and get your goods to market more quickly. You are also able to ulitise the entire warehouse space and not be limited to only using a fixed bin scenario.
Using NAV for warehouse stock control also makes short work of your returns – replacement goods, returns to suppliers and credit memos can all be organised automatically.
Equally useful, you can increase the accuracy of your inventory and ensure you meet shipping deadlines by using NAV to determine the counting frequency of each item, and by utilising the perpetual inventory features.
In the next post, we conclude with one of Microsoft Dynamics NAV’s major strengths – taking control of the audit trail. Be sure to subscribe to our RSS feed so you don’t miss out.
Filed under: NAV
