In scenarios where lowering the sales price of a product or some products in a Quotation or Sales order is needed to make the sale, it is important to have direct insight in the margin you are expected to make. In a competitive environment one cannot always stick to the list price, still it remains important to retain healthy margins and when not, then let it be a conscious decision to give some on the short term in order to gain or retain a long term relationship with your customer.
Exact Product Blog: Exact Online
When we update stock receipts and issues in Exact Online not in the same order as they physically happen, it could be that stock becomes negative. As the actual stock is never negative, observing a negative stock quantity in Exact Online indicates that something went awry. The most likely cause is that the issue of goods has been recorded before the receipts have been recorded. A new setting prevents stock from going negative.
Off course you want to serve your customer the best possible way. This does not end at the moment of a committed sale. An order and sometimes a quote needs to be processed the right way to meet the expectations that have been set while making the sale. The right price, the right quantity and on time. A sales process includes multiple activities. A clear and quick understanding in the overall sales process steps is key and all details should be at your fingertips.
To some manufacturers it is important that produced serial number items can be traced back to the shop order. This trace may provide insight in the origin of the used parts (as they could have serial or batch numbers too), the employees involved, the time of manufacture and documents or remarks attached to the originating shop order. A new enhancement makes it possible to enforce the registration of serial numbers when the shop order is received.
Tracking time is getting easier. And smarter. You’re now able to track time via your Android Wear smartwatch. With smart check-in & out capabilities! The app is context-aware and uses GPS coordinates to match your location with a client. You’ll receive an automatic notification reminding you to check-in. When you leave the client location a notification is triggered to check-out and save your time entry.
The shop paper layout of Exact Online for Manufacturing contains sections for material lines, routing lines and by-product lines. The usability of these sections is constrained by the property that all fields should repeat in each section. This enhancement makes it possible to create separate layouts for each of the sections and has included a number of fields that were previously not available for the layout.
The sooner you invoice your customers, the sooner you’ll get paid – and the better your cash flow will be. Checking your sent invoices quickly and easily whenever and wherever you want can also come in pretty handy: staying up to date means staying on top. And the capability to invoice immediately is also a big help. With all the relevant figures fresh in your memory, it ensures accuracy and means your customers won’t quibble with the contents. So you reinforce your reputation for detail and invoices get settled faster.
Serial numbers are used to identify a unique product. It is used for equipment, electrical components and consumer goods, from a forklift-truck, laptops, smartphones to e.g. bicycles and for various reasons. A serial number can determine the origin of the product, can be used to check the (service) history of a product and whether or not a warranty is applicable.
In business scenarios where your customers order products that are directly shipped from your supplier to your customer (drop shipped) it can still remain essential to register the serial numbers or batch numbers for reasons of warranty or traceability.