Inventory

OVERVIEW

The Inventory functional area represents the entire life-cycle of Inventory including the configuration of warehouses, inventories, procurement of stock items, and completing day to day actions. These actions include fulfillment of stock requisitions, adjustments to quantities on hand, cycle counts, and forecasting commodity usage. The inventory functional area is organized by the following nine process groups:
AdjustmentsConfigurationCycle CountInventory IssuancePlanningPurchasing into InventoryReturnsTransfersWarehouse Entry

Documents

PI: Schedules previously reserved items to be picked up for delivery and releases them from a reserved status. It also generates Pick Tickets that are used by the warehouse to select items, and generates a Stock Issue Confirmation (CI/CIE) document. SN: Allows the original requester to return previously issued items back to the originating warehouse. Additional return charges can be imposed automatically during the processing of this document. CI: CI document recognizes the requisitioned items were removed from the Inventory and released to the requester. The document is used to fulfill the request and reduce the On Hand quantity for the storeroom. SN: Allows the original requester to return previously issued items back to the originating warehouse. Additional return charges can be imposed automatically during the processing of this document. OC: Allows the direct issue of goods from the Warehouse bypassing the standard requisition and pick-and-issue cycle. The document is designed for requesters who walk into the Warehouse to request and immediately pick up the goods. Similar to the standard Stock Requisition (SR) document except Over-the-Counter stock issue does not permit back-ordering items and does not require delivery information. IA: Allows warehouse management to adjust quantities or unit values of on-hand items due to a chance in on-hand quantity or unit cost. IC:Gives managers the ability to adjust all inventory levels that do not impact the On Hand Quantity.

Stock Request

SRQ - Allows you to reserve quantities of stock items from an on-hand supply for later delivery. If the warehouse allows back-orders, this document back-orders any items that are not immediately available.SRQ1 - This is the clone of SRQ, SRQ interface document. Allows you to reserve quantities of stock items from an on-hand supply for later delivery. If the warehouse allows back orders, this document back orders any items that are not immediately available.