Fun Facts About SAP HANA vs Oracle

1. SAP HANA is cheaper than Oracle If you compare the application platform licensing fees, HANA is cheaper. HANA data reduction world of compression and simplified data models, easy to buy equipment and flexible license packages...

Differences in LIFO, FIFO, FEFO, and Average Cost Methods

The LIFO, FIFO, FEFO, and Average Cost - Inventory methods represent the majority of trading business assets. Thus, inventory is a very important component in a company's balance sheet. This is why it is important for trade business...

Understanding Material Requirement Planning (MRP) and Its Purpose for Your Business

Definition Material Requirement Planning MRP is a system that is useful for calculating how many raw materials or components are needed to produce an item. Generally, this system is used by manufacturing companies. This system was...

What is ERP Software and What is it For Your Business?

What is ERP software? In short, ERP (Enterprise Resource Planning) is a set of software that functions to manage and integrate various operational activities in a business. ERP used to be more widely used by large-scale companies...

Effective Product Marketing Strategies Amid Corona Outbreaks

The decline in retail business sales in the midst of the outbreak of the corona virus or COVID-19 makes a number of businesses have to rack their brains harder to keep the business going. It has been proven, many successful business...

3 Advanced Supply Chain Planning Functions that Are Vital to the Company

Advanced supply chain planning is also called advanced supply chain planning. It is not only the supply chain that is important for you to pay attention to, but the continued supply chain is also important. This advanced supply chain...

6 Unknown Benefits of Mobile Supply Chain

Using a mobile supply chain is the best solution so that companies become more competitive. With this mobile base the company will know the visibility from the starting point to the end point. Mobile-based supply chains become the...

Make Multiple Purchase Quotations / Purchase Orders at the Same Time from the "Purchase Request Report"

Purchase Request is a purchase request at a company which, if approved, will be further processed into a Purchase Quotation / Purchase Order. SAP Business One has the 'Purchase Request Report' feature, which is used to view Purchase...

SAP Business One X Inventory Calculation Application Stock Count (Import Calculation Results from Stock Count into SAP B1)

Inventory Counting (Stock Taking) is a very important activity for every company to always manage the inventory in the warehouse either perpetually or periodically.By matching existing inventory with the amount stored in the database,...