This article explains the concept of Products and Services
What are Products and Services? #
iBE.net, the terms “products” and “services” refer to the different types of offerings that the system helps businesses manage, covering both tangible goods (physical products) and intangible goods (services). iBE.net is a flexible, comprehensive Enterprise Resource Planning solution that integrates various business processes, providing functionality across multiple departments and industries.
Products in iBE.net
In iBE ERP, products generally refer to physical goods that businesses produce, sell, or distribute. The system helps manage every aspect of the product lifecycle, from procurement to manufacturing, inventory management, sales, and delivery.
Services in iBE.net
In iBE.net, services refer to intangible offerings provided by a business to its customers. These can include things like consulting, maintenance, repair services, subscriptions, training, and customer support. iBE ERP helps businesses manage these services just as efficiently as physical products.