Incoming Material Inventory
Incoming Material Inventory Summary
The inventory application improves availability while decreasing inventory levels of materials used for production or repair. Visibility is provided by a Vendor Managed Inventory model and real-time updates. Configurable chargeback tracks materials.
Incoming Material Inventory Benefits
- Reports on material outages which can assist in determining on-hand levels and re-order levels.
- Graphical diagram of location in shelves or drawers that enable quicker retrieval of parts.
- Material picks are charged to department, work order, repair order, etc. for charge back costing.
- Actual size of storage locations is kept to suggest storage locations appropriate to size of items.
- Individual part numbers are mapped to commodity managers who are internal or external organizations responsible for re-ordering a group of material.
- Performance information is available to rate suppliers.
- Audit trails are kept for picks, receipts and adjustments to allow historical analysis of material use.
- Inventory adjustments are accessible from other transactions allowing corrections anytime. This encourages immediate error recovery.
- Remote pick stations allow displaying material requests at storage location.
Incoming Material Inventory Function and Use
Incoming material inventory allows receiving material into ASRS, shelf, drawer, or other storage locations. Part numbers are defined in storage location(s) dedicated for their storage. Picks of material are made against inventory and the system determines the best location(s) from which to retrieve parts. Restocking orders are generated from material depleted. Orders can be transmitted via paper documentation or via Electronic Data Interchange (EDI) Value Added Network providers.
Incoming Material Inventory Features
Physical locations are described in the application database. This allows graphical diagrams to illustrate any type of part storage and pick locations.
Material storage areas can be subdivided by physical location with different personnel responsible for operation in those areas.
Individual storage locations can be divided further, if required. For instance, drawers can have defined inserts of various sizes.
When a part is defined, the type and size of storage required is also defined. This allows the application to utilize the database of physical locations to suggest appropriate storage locations.
Parts can be mapped to commodity manager organizations, which are responsible for restocking the material. Commodity manager organizations can be mapped to reorder methods - such as paper, e-mail, EDI, etc.
Audit trails are provided for material receipts, picks, and inventory adjustments. Material receipts are tied to a receiving slip. Pick orders are tied to a user defined charge code. All transactions are tied to employee.
The system will prompt employees through counting inventory and track exceptions to stored counts. Inventory can be driven by location or part numbers. An inventory run can also be restricted to those parts from a single supplier, part list, or manual entry.
