ITEM MATRIX BENEFITS & FEATURES IN SAP BUSINESS ONE
Item Matrix Benefits & Features in SAP B1 Support:
In the environment of increasing customer experience and loyalty, effective management and proper inventory tracking are two most powerful tools to beat the competition and capture the market.
Item matrix is a product variants management solution designed for companies that sell, manage or procures items that have similar attributes such as size, colour or style. A matrix item structure is identified by a parent item and categorized by child items having similar attributes. An employee can easily filter items with similar attributes to bring into an order. With matrix order entry capability, you can quickly fulfill orders for multi-attribute items. Once the order is entered, items are processed through the standard SAP Business One order processing cycle. You can also leverage standard order processing capabilities of SAP Business One such as special pricing, warehouse, availability check, etc.
Let us see the benefits & features of an Item matrix in SAP Business One:
Item matrix Reduces the Order Entry Time drastically. The term matrix solution provides matrix order entry capability, enabling visibility of full product range so that you can quickly enter sales and purchase orders.
It Speed Up Item Master Management by providing a quick way to set up a product range for new multi-attribute items. Rather than creating item one at a time as in traditional item master data management, you can set up a template of Stock Keeping Unit (SKU) can further be converted to matrix child items in a single go. The capability saves considerable time and Improve Inventory Visibility by allowing you to view inventory information for multi-attribute items in a single unified view.
Item matrix inform customers about availability for each product variant with one matrix order entry view and Increase sales with the ability to sell with ease across the full product range. It also has a Two-dimensional order entry capability.
Using Item matrix you can View all product variants from one screen and Set up inventory faster for new multi-attribute items and inheritance for parent item properties to be drawn when creating child items. Not only that, Item matrix has User definable codes and description for each Stock Keeping Unit (SKU).
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