These are some of the functions of the Inventory Module:
• Material availability verification, contemplating alternatives, available remote warehouses and destination of use
• Materials requisition
• Pickup orders generation for Material Issues
• Materials Return to Stock
• Stores and shelves administration
• Material Transfers between Locations
• Inventory’s valuation according to FIFO, LIFO, PPP ( reference and exact prices)
• Stock administration policies
• Products stock politics administration. Specification of storage conditions and manipulation
• Automatic Generation of Restocking Requests according to stock levels defined for each Product and Warehouse
• Materials consumption tracking
• Stock adjustments due to shortage or excess
• Delivery Orders Generation (DO)
• Shelf life expiration control
• Material adjustment (scrap, transactions_NSV, missing parts, lack, excess, return to service etc)