4. Inventory Functions
Issue of material
Materials Planning
Track storage locations
Stock Audit
Maintenance
of material
Receipt of material Storage of material
Track quantity
on hand
Cost control
Inventory
5. Areas of Concern
Shortage of stock
Reporting
Needs
Misplaced items
Cost control
Excess Stock
Tracking of critical items
Query of items
Manual errors INVENTORY
Multi-location stores
6. Key Features
Flexible multi-site Inventory Mgmt
Comprehensive Item Definition
Revision, Lot & Serial no. Control
Faster Transaction System
Extensive Item Categorization & Cataloging
Improved Accuracy
Sophisticated Planning Tools
Item Cross Referencing Links
Multiple UOM
15. Inventory Organization
• An organization is an inventory location
assigned to a set of books , costing
method, workday calendar, and list of
items.
• An organization can be a company,
subsidiary, or warehouse.
17. Items Overview
The following graphic summarizes all the steps that you need to take in order to
define and maintain items:
Choose item attribute control levels
Define
UOMs
Define Status
Control Levels
Define
Statuses
Define
Categories
Define
Category
Sets
Define
Default
Categories
Create
Templates
Define
Catalogs
1
18. Item Definition Process Steps Overview
1
Copy Templates
Copy Items
Enter Attributes value
Assign Categories
Assign Catalogs
Enable in Child Organization
Update Organization Level Attributes
Define Item Costs
19. Unit Of Measure
Perform the following steps to define multiple units of
measures and set up conversions
