As food supply chains become more globalised, businesses become progressively more vulnerable to potentially fraudulent overcharging.
Many organisations have manual inventory processes that are cumbersome, prone to errors, and labour intensive. They require tedious manual intervention to manage involving time-consuming processes that can lead to inventory overstocking, margin loss, and sales tax issues.
To solve this dilemma, Catch Weight management systems are often used in the food and beverage businesses – manufacturing, distribution, retail, and hospitality.
These systems are designed to check variances in size and weight of goods so that invoicing is accurate allowing manufacturers and distributors to accurately charge customers for the exact weight of an item, instead of the estimated weight.
Join Robert Jurcec, CEO of OneKloudX, as he takes a deep dive into the catch weight functionality within NetSuite. Robert will discuss why having catch weight functionality integrated directly into NetSuite removes the risks associated with underweight inventory management and billing errors.
In this webinar you will learn:
- Why not having a catch weight management system increases time and money lost, as well as increasing the potential exposure to fraud
- How to minimise the complexities associated with weight measurement
- How catch weight management functionality can help to improve billing processes
- Why a direct link between catch weight and financials is critically important for a business