Stock Management 2017:
In NAV you can setup multiple location which allows companies to manage business operations within one database.
Location:
a place that handles physical placement and quantities of items.
Stock keeping unit:
An item or a variant of an item at a specific location.
Managing multiple locations:
At location level on a stock keeping unit card we can add:
1. Replenishment information(restoration of stock to former level)
2. Addresses
3. Financial posting information.
Ex.
Item 70003
Navigate -> Stockkeeping Units
To view transaction of item we go to Item Ledger Entries. .
Item Statistics - Different piece of statistic for this item based on criteria entered.
We can setup unlimited no. of UOM.
UOM: is a definite magnitude of a quantity.
Unit of measure can also have automatic conversions to other units of measures by way of a conversion factor
Ex. for item 80100 - Printing paper
Base UOM - Box
Sales UOM - Pack
Purch. UOM - PALLET
All the UOM values are inter-related to each other.
Each uom is related to Base UOM on item card through conversion factor.
Item variants - We use this in item card if we've large no. of identical items. (same item, different colour)
Item Cross Reference:
Cross reference can be setup against items. It can be a barcode or a specific code used by vendor or customers.
When the quantity required on the sales order exceeds the quantity i.e. available in inventory, a message will apear for the user that substitute exists for this item, (if any substitutes available).
Item availability can be viewed in numerous ways in item card,
In NAV you can setup multiple location which allows companies to manage business operations within one database.
Location:
a place that handles physical placement and quantities of items.
Stock keeping unit:
An item or a variant of an item at a specific location.
Managing multiple locations:
At location level on a stock keeping unit card we can add:
1. Replenishment information(restoration of stock to former level)
2. Addresses
3. Financial posting information.
Ex.
Item 70003
Navigate -> Stockkeeping Units
To view transaction of item we go to Item Ledger Entries. .
Item Statistics - Different piece of statistic for this item based on criteria entered.
We can setup unlimited no. of UOM.
UOM: is a definite magnitude of a quantity.
- It is used as a measurement of same kind of quantity. .
- A unit of measure is assigned to all inventory items and must be defined before a product can be entered.
- Each product will have a stocking unit of measure, sales ordering unit of measure and a purchasing unit of measure.
Unit of measure can also have automatic conversions to other units of measures by way of a conversion factor
Ex. for item 80100 - Printing paper
Base UOM - Box
Sales UOM - Pack
Purch. UOM - PALLET
All the UOM values are inter-related to each other.
Each uom is related to Base UOM on item card through conversion factor.
Item variants - We use this in item card if we've large no. of identical items. (same item, different colour)
Item Cross Reference:
Cross reference can be setup against items. It can be a barcode or a specific code used by vendor or customers.
When the quantity required on the sales order exceeds the quantity i.e. available in inventory, a message will apear for the user that substitute exists for this item, (if any substitutes available).
Item availability can be viewed in numerous ways in item card,
- By Event
- Period Variant
- Location
- BOM Level
- Timeline.
These Item availability i.e. displayed based on different factors actually defines the basis of stock management.
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