User-defined locations within each warehouse are used to record stock locations in shelves and bays (Bin Locations). A physical warehouse can be broken into multiple logical warehouse areas such as receiving, quality assurance, bulk storage and picking. Priorities can be set to ensure that picking takes place from bin locations in a prescribed sequence. Inventory movements can be effected between bin locations and warehouses. Movements between warehouses can be configured to generate appropriate shipping documentation, and manage ‘in ransit’ stock. Complete Inventory Counts and Inventory Valuation to record write-offs of stock used for internal purposes is supported.
Material Receipts and Replenishment
Shipment documentation can be created in batches, or individually on a per order basis. Goods received from vendors can be compared directly with the purchase order or the vendor invoice.Sales functions can utilize ‘available to promise’ information that includes reserved inventory for future customer shipments and expected vendor receipts.Generate Material Replenishment lists based on inventory replenishment rules, past sales, or targeted inventory levels.Optionally use replenishment rules to generate Requisitions or Purchase Orders automatically.