How to Setup Master System for a Stone Industry !

Stage-I

Stock:

• Availability of stocks,the finished product that is sold by the business. 
• In some cases, stock is also raw materials, if the business also sells those products to the consumers
  

Non-Stock:

• Non-stock items can be bought and sold, but they are not tracked in inventory like stock items.
• A common example would be materials that are purchased for a specific job.When you sell a non-stock item, no cost gets associated with that sale so you can’t determine profit for that item.

Price List:

•  A price list is an item that you can create and use in your pricing table, during setting up the proposal.  
• A price list can also be created for building the proposal.
• Price lists can be a combination of Services/Products. You can also configure Discounts, Taxes and Currency for each price list.
  

Services & Packages:

• Service Packages represent slices of the Physical things that address specific services like transportation and delivery.
• A service package collects together several different subsystems, equipment packages and things flows that provide the desired service. 

Stage-II

Customers:

• A customer is an individual or business that purchases the goods or services produced by a business. 
• The customer is the end goal of businesses, since it is the customer who pays for supply and creates demand.

Suppliers:

• A supplier is an entity that supplies goods and services to another organization. This entity is part of the supply chain of a business, which may provide the bulk of the value contained within its products. 
• A supplier is usually a manufacturer or a distributor. A distributor buys goods from multiple manufacturers and sells them to its consumers.

Vendors:

• A vendor is a person who sells or deals in particular goods or services. 

• All of the entities in a supply chain that leads up to the final delivery of goods or services to a customer are considered vendors.

Associates:

• An associate is a fellow worker or a mediator in a business.

Stage-III

Locations:

• A location contracted to produce products, at different locations for customer beneficiary.

Stage-IV