Manage inventory parts using stockrooms and rotating items
•
0 likes•327 views
This session will cover inventory configuration for stock rooms including an overview of pricing, rotating parts, and Direct Issue vs. Stocked Inventory.
Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Viewers also liked
Viewers also liked (20)
Similar to Manage inventory parts using stockrooms and rotating items
Similar to Manage inventory parts using stockrooms and rotating items (20)
More from Maintenance Connection
More from Maintenance Connection (20)
Recently uploaded
Recently uploaded (20)
Manage inventory parts using stockrooms and rotating items
- 1. MC University P02|Managing Parts Using Stockrooms
- 2. MC University Stock Rooms Defined Adding Stock Rooms Rotating Items Agenda
- 3. MC University Stock Room Overview Stock Room Module Direct Issue vs. Stocked Items Stock Rooms Defined
- 4. MC University Locations tab of each part displays Stock Rooms where part is located Parts can be maintained in multiple Stock Rooms Stock Room Overview
- 5. MC University Quick access to quantity and cost information Green Stock Room names are used to highlight where items needed to be reordered Stock Room Overview (cont’d)
- 6. MC University New Stock Rooms are managed in Stock Room Module Details tab stores identification information Stock Room Module
- 7. MC University Shipping / Billing tab stores Buyer, Shipping, and Billing Info Items tab lists all Inventory maintained in Stock Room Attach tab stores documents Stock Room Module (cont’d)
- 8. MC University Two different types of Inventory: • Direct Issue Items • Stocked Items Direct Issue vs. Stocked Items
- 9. MC University Direct Issue Items: • Defined on Details tab • Typically not kept in Stock Rooms • Orders placed with vendor as needed Direct Issue vs. Stocked Items (cont’d)
- 10. MC University Auto-order feature requires specific details to be established (Direct Issue): • Vendor relationship • Ship To and Bill To info (Repair Center) • Typically no Stock Room association Direct Issue vs. Stocked Items (cont’d)
- 11. MC University Stocked Items: • Stored in Stock Room / warehouse • Frequently used and quantities maintained • Re-ordered as needed Direct Issue vs. Stocked Items (cont’d)
- 12. MC University Auto-order feature requires established Stock Room details (Stocked items): • Reorder quantity > 0 for Item • Vendor relationship • Ship To and Bill To info (Stock Room) Direct Issue vs. Stocked Items (cont’d)
- 13. MC University Adding Stock Room for Part Stock Room Popup Fields and Columns Adding Stock Rooms
- 14. MC University Filters by Stock Room Repair Center Selected Stock Room displays Stock Rooms Popup Item details defined for Stock Room Adding Stock Rooms for Part
- 15. MC University Stock Room Parameters: • Indicators • Bin and Lot information • Order / Issue units Stock Room Popup
- 16. MC University Reorder parameters: • Reorder Point • Maximum Point • Reorder quantity • Required for auto-order Stock Room Popup (cont’d)
- 17. MC University Initial Inventory levels: • On Hand (mandatory) • Available (auto-calculates) • Other fields “read-only” Stock Room Popup (cont’d)
- 18. MC University Additional data fields: • Account • ABC Code • Count Cycle • Last Counted date Stock Room Popup (cont’d)
- 19. MC University Cost Rule and field value: • Enter or modify cost rule for stock room • Average and Last cost can be manually added for reference • Standard (fixed) cost should be entered Stock Room Popup (cont’d)
- 20. MC University Charge Price and Charge Percentage: • Customer or internal chargebacks • Fixed Charge Price • Calculate Charge Price with Charge Percentage Stock Room Popup (cont’d)
- 21. MC University Auto-Update indicators: • Updated estimated costs defined for material on Procedures • Specify cost to be applied • Update estimated charge rates for Procedures Stock Room Popup (cont’d)
- 22. MC University Apply / Close button on Stock Room Popup adds Part to Locations tab Part information added to fields and columns displayed Stock Room Popup (cont’d)
- 23. MC University Filters available by Repair Center (designated at Stock Room level) Stock Room identifying information Fields and Columns
- 24. MC University Part Quantities: • Issue Unit information • Reorder Point Fields and Columns (cont’d)
- 25. MC University • On Hand • Reserved • Available Fields and Columns (cont’d)
- 26. MC University On Order (Approved and All): • Number of items currently on order • Upon PO creation, On Order (All) updates Fields and Columns (cont’d)
- 27. MC University • Upon PO approval, On Order (Aprv) updates • After PO Receipt, On Hand and Available increase and On Order decreases Fields and Columns (cont’d)
- 28. MC University Average Cost Column: • Calculated average cost for items purchased Last Cost Column: • Cost of most recent purchase Standard Cost Column: • Fixed cost of Item Fields and Columns (cont’d)
- 29. MC University Now let’s take a look at adding a Stock Room to an existing Part! Adding Stock Rooms to Parts: Example
- 30. MC University What are Rotating Items? Creating Rotating Items Rotating Items
- 31. MC University Serialized Inventory rotated in and out of use as an Asset Corrective and Preventive Work Orders can be created to perform maintenance on Inventory What are Rotating Items?
- 32. MC University Serial Number should be unique for identification (Asset Details Tab) What are Rotating Items? (cont’d)
- 33. MC University Stock Room Folder created in Asset Tree for Rotating Items Two ways to rotate Items: • Work Order costs tab • Drag and drop functionality in Asset Tree What are Rotating Items? (cont’d)
- 34. MC University Inventory in associated Stock Rooms are incremented and decremented Items are never considered consumed (delete or set inactive) What are Rotating Items? (cont’d)
- 35. MC University Created like a standard Inventory item but with Rotating Item Indicator checked Creating Rotating Items
- 36. MC University System generated through Purchase Order or Stock Room Inventory adjustment Assets can be manually associated with Inventory Creating Rotating Items (cont’d)