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ERP ModuleStock Management

Inventory

Viewing and managing inventory levels

Inventory Management

Track and manage inventory levels across your organization.

Inventory Views

All Inventory

View stock across all products and locations:

  1. Go to ERP > Stock > Inventory
  2. See complete inventory list
  3. Filter and search as needed

By Product

View stock for a specific product:

  1. Open product details
  2. Go to Stock tab
  3. See stock at each location

By Location

View stock at a specific location:

  1. Go to ERP > Stock Sites
  2. Select a stock site
  3. View inventory at that site

Inventory Table

ColumnDescription
ProductProduct name and SKU
Stock SiteLocation holding stock
On HandCurrent quantity
ReservedAllocated to orders
AvailableFree to sell/use
On OrderComing from POs
UnitUnit of measure

Stock Status Indicators

Status Colors

StatusColorMeaning
HealthyGreenAbove minimum
LowYellowAt or near minimum
OutRedZero available
OverstockBlueAbove maximum

Alert Thresholds

Set per product:

  • Minimum Stock - Low stock alert
  • Reorder Point - Time to reorder
  • Maximum Stock - Overstock alert

Stock Adjustments

Creating Adjustments

Correct stock quantities:

  1. Go to Inventory
  2. Find product and location
  3. Click Adjust
  4. Enter:
    • New quantity or change
    • Reason code
    • Notes
  5. Save adjustment

Adjustment Reasons

ReasonWhen to Use
Count CorrectionAfter physical count
DamageDamaged goods found
ExpiredProduct past date
FoundUnexpected inventory
Lost/MissingCannot locate
TheftSuspected theft

All adjustments are logged and auditable.

Stock Valuation

Valuation Methods

MethodDescription
FIFOFirst-In, First-Out
LIFOLast-In, First-Out
AverageWeighted average cost
StandardFixed standard cost

Viewing Valuation

  1. Go to Inventory > Valuation
  2. Select valuation method
  3. View total inventory value
  4. Drill down by category or site

Stock Reports

Available Reports

ReportContents
Stock SummaryCurrent levels by product
Stock by LocationLevels by stock site
Low StockProducts below minimum
Stock AgingAge of inventory
Movement HistoryTransaction log
Valuation ReportInventory value

Generating Reports

  1. Go to ERP > Reports > Stock
  2. Select report type
  3. Apply filters (date, category, site)
  4. Generate report
  5. Export or print

Batch and Serial Tracking

Batch Numbers

Track products by batch:

  • Manufacturing batch
  • Expiration dates
  • Recall capability

Serial Numbers

Track individual items:

  • Unique identification
  • Warranty tracking
  • Asset management

Best Practices

Regular Counts

  • Cycle count high-value items frequently
  • Full count quarterly or annually
  • Investigate discrepancies promptly

Stock Level Optimization

  • Review minimum/maximum settings
  • Analyze turnover rates
  • Adjust based on demand patterns

Organization

  • Use consistent bin naming
  • Label locations clearly
  • Optimize placement by velocity

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