The process
A trading company purchases and sells items without changing them. The main activities are purchase, storage, packaging, sales, and shipping, as shown in the following screenshot:
Managing the inventory is very important in these companies. Having inventory is crucial for delivering on time and not having to say "no" to customers.
Wholesale versus retail
Traditionally, trading companies are divided into wholesale and retail companies. Wholesale companies sell to business and retail companies sell to consumers. Microsoft Dynamics NAV supports both and from the perspective of design (table and posting structure), there is not much difference.
The biggest difference between wholesale and retail for the application is the transaction volume. While the total turnover of a wholesale company can be much higher compared to a retailer, the retailer often has more, smaller transactions. It can be a challenge from an application design perspective to retain...