INVENTORY DEFAULT SRS

Contents
Inventory Management Configurations:................................................................................................2
Warehouse Management...................................................................................................................2
Location Management........................................................................................................................2
Define Lots/Serial Number.................................................................................................................3
Landed Cost:……………………………………………………………………………………………………………………………………4
Product Categories:.............................................................................................................................4
Inventory Management Processes:........................................................................................................5
Incoming Shipment:............................................................................................................................6
Delivery Order:....................................................................................................................................8
Re-Ordering Rules Process....................................................................................................................11
Reporting..............................................................................................................................................12
Inventory Valuation:.........................................................................................................................12

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 Inventory Management Configurations:
Warehouse Management
Description:
The system helps you control the ordering, storage and use of components that a company uses in the
production of the items it sells.

Responsible Users:
Warehouse Manager

Constraints:
N/A

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. 2Warehouse Name Char Yes - - -
2. 3Short Name Char Yes - - -
3. 4Address Selection No - - -

Location Management
Description:
The system helps you control the ordering, storage and use of components that a company uses in the
production of the items it sells.

Responsible Users:
Warehouse Manager

Constraints:
N/A

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

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Basic:
1. 2Location Name Char Yes - -
2. 3Parent Location Selection No - - -
Additional Information:
3. 1Location Type Selection Yes - - -
4. 2Owner Selection - - -
5. 3Is a scrap location? Boolean No Checkbox - -

6. 4Is a return location? Boolean No Checkbox - -

7. 5Active Smart Button Yes -

Localization:
1. 1Corridor (X) Int No - 0 -
2. 2Shelves (Y) Int No - 0 -
3. 1Height (Z) Int No - 0 -

Define Lots/Serial Number

Description:
Serial numbers are identification numbers given to one product in particular, to allow to track the
history of the item from reception to delivery and after-sales.

Responsible Users:
Warehouse Manager

Constraints:
N/A

Serial Number Form Data:

No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. 1Lot/Serial Number Char Yes - - -
2. 2Model Name Char Yes - - -
3. 3Quantity Float No - - -
4. 4Internal Reference Char No - - -

Landed Cost:
Description:

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 Landed cost is the total price of a product or shipment once it has arrived at a buyer's doorstep.

Previous Process:
Incoming Shipment

Next Process:
N/A

Process Steps:
1.

Constrains:
N/A

Reports/ Prints:
Print PO

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. Date Date Automatic
2. Pickings Selection No - - -
3. Account Journal Selection Yes Journals -
4. Journal Entry Selection Yes - - -
Cost lines:
1. Product Selection Yes Products List -
2. Description Char No - - -
3. Account Selection - -
4. Split Method Selection Yes - - -
5. Cost Float Yes - - -

Product Categories:
Description:
Landed cost is the total price of a product or shipment once it has arrived at a buyer's doorstep.

Previous Process:
N/A

Next Process:
N/A

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 Process Steps:
1.

Constrains:
N/A

Reports/ Prints:
Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. Name Char Yes Automatic - -
2. Parent Category Selection No - - -
Logistics:
1. Force Removal Selection Yes First In First Out, - -
Strategy Last In Last Out
Inventory Valuation
2. Costing Method Selection Yes Standard Price Standard Price -
Average Price
FIFO
3. Inventory Valuation Selection Yes Manual Manual -
Automatic

Inventory Management Processes:

Incoming
Shipment
(Purchase)

Process
Validate Order
Product

Delivery
Order
(Sales)

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 Incoming Shipment:
Description:
Incoming shipments are the goods/products to be received by the warehouse manager and placed in
stock.

Previous Process:
Purchase Order

Next Process:
Validation

Users:
Warehouse Manager

Process Steps:
1.

Constrains:
N/A

Reports/ Prints:
Print RFQ

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. 1Partner Selection No - - -
2. 2Destination Selection Yes - - -
Location
3. 3Schedule Date DateTime No Retrieved Read-Only Field
4. 4Source Document Char No - -
Operations:
1. Product
2. Initial Demand
3. Done
Additional Info:
1. Operation Type Selection Yes
Notes:
1. Note Text Nos

Incoming Shipment Flow

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 Incoming Shipment

Purchase Inventory

Start
Incoming
Shipment

PO Validate done
quantites
Incoming Shipment

Incoming Stock Move

shipment

End

Delivery Order:
Description:
The delivery Order will be created after the sales quotation is confirmed.

Previous Process:
Sale Order

Next Process:
Validation

Users:

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 Warehouse Manager

Constrains:
N/A

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. 1Partner Selection No - - -
2. 2Destination Selection Yes - - -
Location
3. 3Schedule Date DateTime No Retrieved Read-Only Field
4. 4Source Document Char No - -
Operations:
1. Product Selection
2. Initial Demand Float
3. Reserved Float
4. Done Float
Additional Info:
1. Operation Type Selection Yes
Notes:
1. Note Text Nos

Delivery Order Flow:

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 Delivery Order

Sales Inventory

Start

Delivery
Order

RFQ
Delivery Order

Stock Out

Sales Order
Delivery

End

9
 Re-Ordering Rules Process
Description:
Reordering is used to maintain at least a minimum quantity stock of specified items. The rule is based on
essential quantities and not simply on original quantities.

Responsible Users:
Warehouse Manager

Previous Process:
N/A

Next Process:
Procurement

Process steps:
1. Each time a product with a reordering rule reaches the minimum stock, the system will
automatically send an RFQ to your supplier based on your maximum quantity to replenish your
stock.

Constraints:
N/A

Form Data:
No Name Type Mandatory? Source/Options Default Value Notes

Basic:
1. Name Char Yes - -
2
2. Product Selection Yes
3. Warehouse Selection Yes
4. Location Selection Yes
5. Active/Archive Smart Button Yes Active
Rules:
1. Minimum Quantity Float Yes - - -
1
2. Maximum Quantity Float Yes - - -
2
3. Quantity Multiple Float Yes - - -
3
MISC:
1. Lead Time Int No - 1 -
1
2. - Selection No Day(s) to get the Day(s) to get the -

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2 product product
Days(s) to purchase

Reporting
Inventory Valuation:
Description:
An inventory valuation allows a company to provide a monetary value for items that make up their
inventory.

Users:
Warehouse Manager

Process Steps:
1.

Constraints
N/A

Reports / Prints:
N/A

Form Data:
No Name Type Mandatory? Source/Options Default Value

Basic:
1. Compute Selection Yes Current Inventory, -
At a Specific Date
2. Display Name - - - -
3. Quantity - - - -
4. Unit of Measure - - - -
5. Value - - - -

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