Integrated Inventory Overview
Inventory Control is integrated with the current procurement processes. Inventory receipts, orders, issues, and now requests work seamlessly, via workflow processes, with the Purchasing, Inventory, and Receipt of Goods modules. Maintaining vendor items in a catalog format are also included as part of these Integrated Inventory features.
You can make requests for inventory items from the warehouse, fill orders and replenish inventory stock at the warehouse, and utilize the purchasing modules to systematically update inventory information. Purchasing users can build and maintain item listings by vendor including part numbers, price, and discount information. This detail information can then be made available to the users, throughout the procurement cycle.
On inventory items, the Available to Issue and Issue Price/Unit information can now be maintained until transactions are posted using that item. After transactions exist, these values will not be displayed and must be maintained by the existing inventory processes.