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KB20230503/01: Sage X3 – Capabilities – Supply Chain Management.
Supply Chain Management is another rich solution capability of this ERP system.
- Manage your products, customers and suppliers by Category and Statistical Groups.
- Rapid creation of a product inheriting the default management rules and values for the category.
- Manage products as stock, non-stock, services or Fixed Assets.
- Configurable pricelists by customer or supplier, with easy export and import for mass changes.
- Retail sale orders generated automatically from purchase orders for inter-company transactions.
- Configurable purchasing cycle:
- Purchase Order, Receipt and then Invoice.
- Purchase Request, RFQ (Request for Quotation), Purchase Order and then Invoice.
- Purchase Order and then the Invoice.
- Process a Direct Invoice.
- Advanced Purchasing Costs enables users to foresee the purchase costs for international imports using incoterms.
- RFQ (Request for Quotation) Management for multi-product and multi-supplier: Tender comparison, manage responses and reminders, price list generation.
- Workflow engine incorporated into the process
- Approvals by electronic signatures.
- Attaching documentation such as proposals, proof of banking details, BBBEE certificates etc.
- Use MRP (Manufacturing Resource Planning) and MPS (Master Production System) to drive suggestions for purchases.
- Detailed traceability by lot or serial number.
- Manage multiple warehouses, multiple locations.
- Manage stock in dedicated locations per product.
- Quality Control for receipting, manufacturing and deliveries with expiration management.
- Manage minimum, maximum, EOQ (Economic Order Quantity) quantities.
- Manage stock by status: accepted, quality control, rejected.
- Stock valuation by: standard cost, FIFO (First in, First out), LIFO (Last in, First out), average cost, last price.