iCepts Supply Chain Solution: All-In-One Supply Chain Management System.
iCepts has a true Enterprise Resource Planning Solution with the power to meet your Supply Chain Management challenges across the entire supply chain. The supply chain management functionality is designed to optimize inventory, reduce the shortage of goods and maximize profitability. Microsoft Business Central for Supply Chain Management can optimize the correct flow of inventory, which is typically a company’s largest asset.
Get real-time knowledge of what you have in your inventory, when it’s time to order new products, and when to prepare for increased demand. The built-in intelligence predicts the best time to replenish your inventory, so your customers won’t be disappointed and dissatisfied with missing items. In addition, you do not risk your stock being overcrowded and creating an unnecessarily high capital binding. We provide forecasts of sales and expected inventory that you can use to automatically create purchase orders and thus streamline workflows and keep track of your ordered goods and services
If you need to control an inventory, purchase invoices are also used to dynamically update inventory levels so that you can minimize your inventory costs and provide better customer service. The purchasing costs, including service expenses, and inventory values that result from posting purchase invoices contribute to profit figures and other financial KPIs on your Role Center.
Use purchase orders if your purchasing process requires that you record partial receipts of an order quantity, for example, because the full quantity was not available at the vendor. If you sell items by delivering directly from your vendor to your customer, as a drop shipment, then you must also use purchase orders. For more information, see Make Drop Shipments.
You can use the vendor portal to allow your vendors to log in and view and update purchase order information.
You can have purchase invoices created automatically by using the OCR (Optical Character Recognition) service to convert PDF invoices from your vendors to electronic documents, which are then converted to purchase invoices by a workflow.
When items arrive at a warehouse, simply scan them and have the system direct the warehouse user where to put them away. This can include any related lot, serial, or expiration date information.
Inventory, forecasting, demand planning, and replenishment
Built-in Business Intelligence utilizes historical data such as stock-out information and past sales to track trends and identify problematic areas with your inventory management. Ultimately allowing the software to predict when inventory is ready to replenish, what inventory needs to be replenished, and when demand is likely to increase or decrease.
Items you offer to customers but do not keep in inventory you can register as catalog items, which you can convert to inventory items when necessary. You can increase or decrease the quantity of an item in inventory by posting directly to the item ledger entries, such as after a physical count or if you don’t record purchases.
Inventory increases and decreases are also recorded when you post-purchase and sales documents, respectively. Learn more at Record Purchases, Sell Products, and Invoice Sales. Transfers between locations change inventory quantities across your company’s warehouses.
To enhance your overview of items and to help you find them, you can categorize items and give them attributes to search and sort by.
The planning system takes all demand and supply data into account, nets the results, and creates suggestions for balancing the supply to meet the demand.
You create a sales invoice or sales order to record your agreement with a customer to sell certain products on certain delivery and payment terms.
You would use sales orders if your sales process required you to ship parts of an order quantity, for example, because the full quantity is not available right away. If you sell items by delivering directly from your supplier to your customer, as a drop shipment, then you would also use sales orders. In all other respects, sales orders work the same way as sales invoices. With sales orders, you can also use the order promising functionality to communicate certain delivery dates to your customers.
You can negotiate with the customer by first creating a sales quote, which you can convert to a sales invoice or sales order when you agree on the sale. After the customer has confirmed the agreement, you can send an order confirmation to record your obligation to deliver the products as agreed.
Good sales and marketing practices are all about how to make the best decisions at the right time. Marketing functionality provides a precise and timely overview of your contact information so you can serve your prospective customers more efficiently and increase customer satisfaction. A relationship management solution is imperative to help drive sales.
Credit card processing
Accept payments across your eCommerce, point of sale, and accounts receivable channels directly into our Supply Chain Solution. Say goodbye to fragmented systems and stale data with all your payment operations now in one place.
Maximize your team’s efficiency by eliminating hours spent reconciling payments. Speed up collection times with automated click-to-pay invoices.
Increase your revenue by accepting a wider variety of payment methods—everything from credit, debit, and ACH to virtual cards, checks, Apple Pay, and PayPal. Give customers the freedom to pay the way they want.
Automatically bring orders from your Shopify stores to Business Central. During the order import, you can decide if you want to automatically create customers in Business Central or manage them in Shopify. The choice is yours.
You can include orders from other channels such as Shopify POS or Amazon. You will receive payout information from Shopify Payments also.
This will save you time and help prevent errors from entering data in multiple systems.
We support various pricing strategies, such as:
- One-price-fits-all models where an item is always sold at the same price.
- Special price agreements with specific customers, or groups of customers.
- Campaigns when a sale meets the criteria for a special offer. For example, criteria might be when an order meets a minimum quantity, is before a certain date, or includes a certain type of item.
The relationship management features help you manage and support your sales efforts. With these features, you have access to complete and accurate information so you can focus your interactions on preferred customer/contact segments.
Good sales and marketing practices are all about how to make the best decisions at the right time. Have a precise and timely overview of your contact information so that you can serve your prospective customers more efficiently and increase customer satisfaction.
After goods are received and before goods are shipped, a series of internal warehouse activities take place to ensure an effective flow through the warehouse and to organize and maintain company inventories.
Typical warehouse activities include putting items away, moving items inside or between warehouses, and picking items for assembly, production, or shipment. Assembling items for sale or inventory may also be considered warehouse activities, but these are covered elsewhere. For more information, see Assembly Management.
In large warehouses, these different handling tasks can be separated by departments, and the integration managed by a directed workflow. In simpler installations, the flow is less formalized, and the warehouse activities are performed with so-called inventory put-aways and inventory picks.
Real-time rates ensure proper carrier service selection and accurate customer billing. Shipping offers integration with all major domestic and international carriers including UPS, DHL, FedEx, USPS, Canada Post, Purolator, and over 100 more!
Quote freight rates while taking an order and automatically add freight costs to the order with configurable markup rules.
Capture serial numbers, lot numbers, and assembly component details at packing time and increase shipping accuracy by scanning items and comparing them to the sales order and picking documents. Using USB scanners, the easy-to-use interface scans barcodes to the package and includes automatic editing functions.
Kits and Assemblies
To support companies that supply products to their customers by combining components in simple processes without the need of manufacturing functionality, this includes features to assemble items that integrate with existing features, such as sales, planning, reservations, and warehousing.
An assembly item is defined as a sellable item that contains an assembly BOM.
To support a just-in-time inventory strategy and the ability to customize products to customer requests, assembly orders may be automatically created and linked as soon as the sales order line is created. The link between the sales demand and the assembly supply enables sales order processors to customize the assembly item on the fly, and promise delivery dates according to component availability.
At iCepts Technology Group, Inc. we have enhanced reporting for Microsoft Dynamics 365 Business Central by creating insightful visual dashboards by leveraging Power BI’s capabilities. Our Easy to Use and Fast Power BI Dashboards Include:
- Aged Accounts Receivables
- Aged Account Payables
- Aged Inventory
- Top Customers
- Top Selling Items
- Top Vendor List
- Many more
Gain even more insight into your Business by utilizing your existing Power BI connection and iCepts Technology Groups Customer Power BI Dashboards. We have made it easy to view your important business information quickly with insightful, visual dashboards.
GAAP-compliant accounting system.
Included is a standard configuration for most financial processes, but you can change it to suit your business needs.
The default configuration includes a chart of accounts and standard posting groups, which makes the process of assigning default general ledger posting accounts to customers, vendors, and items more efficient.
When demand is planned for and the materials have been issued according to production BOMs, then the actual production operations can start and be executed in the sequence defined by the production order routing.
An important part of executing production, from a system point of view, is to post-production output to the database to report progress and to update inventory with the finished items. Output posting can be done manually, by filling and posting journal lines after production operations. Or, it can be done automatically with the use of backward flushing. In that case material consumption is automatically posted along with output when the production order changes to finished.
We support full manufacturing including production orders, machine centers, handling scrap, as well as scheduling and capacity planning.
Contact us to learn more about iCepts Supply Chain Solution Today!
Kits & Assemblies