Inventory Position
Each item in inventory has an inventory position record, which you can view on the Inventory tab. To manage inventory
Stock. Products or services that are available to buy or items that form part of a product or service. Where the item is tangible such as hardware, that item may be held in a warehouse as stock, or ordered directly from a supplier when a customer places an order. for an item, click Available Inventory on the item master The record of a product or a service which is to be sold and/or stocked in a warehouse. An item master might also be referred to as a Stock Keeping Unit (SKU). of the item that you want to manage. This displays the inventory tab where you can carry out several actions including:
- Holding an item.
- Removing the hold on an item.
- Moving an item to another location in a warehouse.
- Transferring inventory from one warehouse to another.
- Initiating a cycle count A procedure used to audit the items in the inventory against the actual items on the shelves in the warehouses. for the item.
- Issuing an item from inventory for a reason other than customer sales or supplier added value.
- Recording a miscellaneous receipt for an item received in the inventory other than through the normal acquisition process.
- Scrapping an item.
You an also filter the inventory Stock. Products or services that are available to buy or items that form part of a product or service. Where the item is tangible such as hardware, that item may be held in a warehouse as stock, or ordered directly from a supplier when a customer places an order. shown by location, ownership and condition.
As well as viewing the available inventory, from the Item Master page you can display the item master detail for an item, display an overview for that item or display the Adjust Inventory page where you can adjust the condition, value, cost and ownership of the item. You can also enter warehouse specific reorder criteria.