
Sell from Stock - Consumer Products (5HL)
The process described in this scope item is a sales process for Consumer Products Industry flavored products with seamless integration to the production process described in the Quality Management in Discrete Manufacturing – Consumer Products (5HK) scope item.
The process starts with the creation of a customer standard sales orders. When the inventory is decided, the shipping specialist releases the inventory. The inventory is shipped to the customer, and the actual recording of the physical quantity is recorded.
When the goods issue is posted, cost of goods sold is recorded in Financial Accounting.
Once goods are delivered, you can invoice the delivery. When the invoices are created, an invoice list is created for the central payer for both customers. An EDI invoice message is sent to the buyer when the billing document is saved.
Key Process Steps Covered
- Set initial stock for material
- Create condition records
- Maintain product hierarchy to distribution chain
- Set credit limit
- Create sales order
- Perform advanced available-to-promise processing
- Execute picking
- Check batches
- Post goods issue
- Create billing document including EDI invoice messaging
- Create invoice list
Benefits
- Integrate sales process seamlessly with the production processes
- Integrate the process flow from end to end, starting from customer intent to buy a product, to manufacturers realization of revenue based on product sales
Where is Sell from Stock - Consumer Products(5HL) being used?
This Scope item is used in the following way:
- As a core function of Order and Contract Management within Sales Scope Item Group