Inventory Statuses Explained
Why “on hand” is not the same as available, serviceable or ready to issue.
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Inventory Control
Inventory control keeps physical movement and recorded movement aligned. It separates what is physically present from what is serviceable, allocated, quarantined, in transit, or otherwise unavailable.
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Build the control picture
Receipts, issues, allocations, transfers, status codes, units of measure and stock availability.
Receipts, Issues and the Stock Balance
How transaction discipline keeps the book balance aligned with physical movement.
Open guideAvailable Stock, Allocations and Backorders
Separating what exists from what remains uncommitted for the next requirement.
Open guideTransfers Between Locations
How to prevent inventory from disappearing between the sending and receiving locations.
Open guideUnits of Measure and Pack Conversions
Preventing case, pack, litre, metre and individual-unit mistakes from becoming inventory variances.
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