Companies who deal with any natural products, food products or items that have shelf life and variability have specific requirements in an ERP system. Some of these are:
- Ingredient Tracking: Ability to manage all raw materials, including units of measure, purchase units, and conversion factors.
- Multi-level Recipes: Support for sub-recipes and prepared components used within other recipes.
- Yield Management: Accounting for trim, waste, and production loss.
- Costing: Real-time costing based on current prices (FIFO, average cost, etc.).
- Version Control: Managing different iterations for changes, seasonality, or cost adjustments.
- Allergen & Nutritional Information: Ability to store and track this crucial data for compliance and customer safety.
- Real-time Tracking: Accurate visibility of inventory levels across all locations.
- HACCP: Food safety management.
FernSpeed allows all these to be covered within the full ERP structure of Oracle NetSuite