Food Distribution
Food distribution businesses deal with a number of issues that are brought about by some of the unique characteristics of the industry. Of central concern is the perishable nature of the items a company is buying and selling. This is particularly true with regard to fresh produce distributors. The brief shelf life of products leads to a high level of inventory turnover, impacting all other areas of business. Purchasers must be able to efficiently record the receipt of new products, and salespeople need to have up to date cost information in order to set what are constantly fluctuating sales prices for currently available items. Due to these changing sales prices, members of the finance department must have the ability to determine vendor payments based on sales activity.
The food distribution functionality that is available in Food Manufacturing & Distribution has been developed to address the needs of food distribution companies. In some instances, existing NAV features have been enhanced to provide for a more streamlined data processing experience. Other features are completely exclusive to Food Manufacturing & Distribution, explicitly addressing some of the unique challenges that face food distributors. The following table describes these features, with links to the topics that describe them.
To | See |
---|---|
Use extra charges to record additional item costs for items at the time of receipt. | Extra Charges |
Process and post purchase orders whose contents arrive together as part of the same delivery. | Truckload Receipts |
Enter and process sales orders in terminal market environments. | Terminal Market Sales Orders |
Record customer payments for open sales activities. | Sales Payments |
Obtain information about sales activities, and use this data to determine supplier payments. | Lot Settlement |