Tuesday, May 16, 2023
How material specification affects the inventory
Material requirements have an impact on inventory in the following phases:
● Unprocessed >> No inventory changes
● Placed >> An inventory reservation is created for items on the receivables list
● Completed >> A transaction takes place from the raw material warehouse to the production warehouse
● Canceled >> Depending on when the claim is canceled, we have two effects on the inventory - if the claim ordered in the status is canceled from the inventory, the reservation for the item from the claim will be removed, and if the claim canceled is canceled. , claim items will be returned to inventory.
With these simple steps, we will always have an insight into the real state of our inventory.