Inventory Control - Key Concepts and Procedures

• Description
• System Control Maintenance
  • Lot Control Option
  • Potency Control Option
  • Cycle Count Option
  • IC Print Option
  • Bar Code Print Option
  • Calendar File Maintenance
• Relief Codes and Balance Types
  • Tracking Inventory
  • Defining Balance Types
  • On-Hand Balance Type
  • Manufacturing and Distribution Inventory
  • Calculations of Available Inventory and Demand
  • Planning Considerations
  • Example 1: Inventory Available for Manufacturing and Distribution; Scenario A
  • Example 2: Inventory Available for Manufacturing and Distribution; Scenario B
  • Example 3: Manufacturing & Planning Inventory Separate
• Inventory Costing
  • Unit Cost
  • Costing Methods
  • Assigning a Costing Method
  • Assigning Costs
  • Additional Costing Features
• Inventory Cost Analysis
  • Set-Up
  • Requesting an Inventory Cost Analysis Report/Post
  • Inventory Cost Analysis Processing and Calculations
• Defining Backflushing
  • Processing Options
  • Single Location Processing
  • Multiple Location Backflushing
• Lot Control
  • Lot Control and Lot Assignability
  • Defining the Lot Control Option for the System
  • Defining the Lot Control Option for a Part
  • Defining Lots
  • Placing Lots on Hold
  • Setting Up Information for Lot Assignable Parts
• Prioritizing Inventory
  • Multiple Location Priority Code Default
• Potency
  • Creating a Potency-Controlled Environment
  • Defining a Part's Standard Potency
  • Defining the Potency of a Lot
  • Calculating Potent Units
  • Displaying Quantities in Potent or Standard Units
  • Changing Potency, and/or the Available for Planning Flag, and the Net Change Flag
  • Objects not Affected by the Potency Beginning Balance Calculations
• Cycle Counting
  • Defining a Part's ABC Classification
  • Scheduling Parts for Counting
  • Resolving Differences between Inventory Counts and System Balances
  • Procedures Necessary to Implement Cycle Counting
• Physical Inventory
  • Setup Procedures
  • Counting and Recording
  • Reconciliation and Reporting
  • Posting Inventory Adjustments
• Inventory Functions with Configuration Codes
  • Lot Control Functionality
  • Inventory Reservation
  • Manufacturing Order Configuration
• Receiving Putaway Logic
• Automatic Manufacturing Order Close
• Container Management
  • Container Definition
  • Container Inventory Transactions
  • Considerations

Reference

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• Future Three
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