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ERP Modules
ERP Modules
Inventory:
Inventory system is used to keep track of your items. i.e. which item came in and
which item went out of inventory and when the item count reaches below a certain
limit value then alert the responsible person to replenish it soon.
For example : When a customer orders 5 chairs and when you ship them to the
customer the count of the item goes down and when you manufacture them
internally and when the finished chair is ready and moved to the warehouse the item
count increases.
This stock is referred to by its item number. Oracle Inventory’s on-hand balance is
increased when an item is bought or made.
Item Master:
Item setup is required for to place purchase order, receives, transect inventory to
enter sales order ship good to customer.
Inventory Transaction:
Inventory holds the onhand quantities and transactions that can cause onhand
changes. Every transaction is associated with a transaction type, source, item,
quantity, unit of measures.
Inventory Planning:
Oracle inventory provides goods planning methodologies for indirect item purchase.
Inventory planning methods are recorder planning & min max planning.