Retail Merchandiser Volume 63, Issue 3 Volume 63, Issue 3 | Page 24

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or using the skills of your service partner developers . As transactional work becomes automated , financial professionals can better use their expertise in more strategic ways .
Through intricate development , we solved the complex challenge of ever-changing taxes and levies across 26 US states for one of our customers . Businesses that don ’ t interact with the US may be amazed to hear that states and cities have individual percentage-based tax mechanisms , which are also tiered , tax rates often vary on holiday days and there are federal taxes and levies for certain sectors . Can you imagine the time it took to ensure financial accuracy before we automated the process ?
More productive warehouse operations
Having a Warehouse Management System integrated within ERP architecture is a smart , efficiency boosting approach – whether it ’ s a module within your technology solution or data is pulled through to it from separate software via an API . So , first off , if you ’ re managing isolated systems , I ’ d advise assimilation be high-up in your future plans . If it is already integrated , where can you optimize ? Modern systems can effectively manage inventory so that at-a-glance , the item location , volumes and shipping locations can be established , as well as the system facilitating the most efficient picking , packing and distribution process .
Rather than have one person locating multiple items from different warehouse locations to create an order , information can be automated to go to people in different zones . Multiple orders going to one customer should also be automated to lower shipping costs , and carrier software can also be integrated with your ERP solution , for swift pricing and execution .
We developed a framework within the core NetSuite item fulfilment capabilities for online craft giant Crafter ’ s Companion in
2021 and we ’ ve been evolving it ever since . It supports a wide variety of UK carriers and means operators don ’ t need to switch systems or enter information into NetSuite . Sales order data is submitted to the carrier firm ’ s software , which then returns both the tracking information as well as packing labels – which can be printed or placed on a document . As for knowing what ’ s left on the shelves , painful stock counts that may mean freezing transactions while the count is executed manually , can be a thing of the past . The emergence of automated inventory counts provides a real-time count and also gives businesses a competitive edge and healthier cash flow by keeping inventory at optimum levels .
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