<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tg/ebm/ff/ff001520" xml:lang="en">
   <Header>
      <Title>Function: Inventory monitoring</Title>
      <Keyword type="header" order="d1e1943326">
         <Level1>Inventory monitoring</Level1>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>In this function, overall inventory accuracy across one or more
		warehouses is monitored with the registration of inventory transactions and
		physical inventory procedures. Monitoring is performed on a continuous,
		periodic, or annual basis. This function is also used to deliver information to
		Enterprise Planning for consolidation and to the local accounting department
		for inventory valuation.</Paragraph>
      <List>
         <ListIntro>This function is used to monitor the level of stock or items
		  used to support the following:</ListIntro>
         <ListItem>Production: Raw materials and work-in-process items.</ListItem>
         <ListItem>Supporting activities: Maintenance, repair, and operating
		  supplies.</ListItem>
         <ListItem>Customer service: Finished goods and spare parts.</ListItem>
      </List>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>Process: Monitor Inventory Process: Monitor inventory (code:
		MIM01a)</SectionTitle>
      <Paragraph>The objective of this process is to obtain a helicopter view of
		all inventory in the warehouses. You can also see all planned inventory
		movements and what inventory is already committed to orders.</Paragraph>
      <Paragraph>You can perform monitoring on a continuous or periodical basis.
		If any action is required, based on what is monitored here, the action must be
		initiated through one of the other functions in inventory management or
		warehouse management. If, for example, an inventory shortage is foreseen in
		some warehouse, you can initiate a stock replenishment through the sourcing
		function ( <Link href="/baanerp/tg/ebm/ff/ff001580" role="manual">Function: Sourcing</Link>).</Paragraph>
      <List>
         <ListIntro>
            <GUIRef href="" role="manual">Assumptions:</GUIRef>
         </ListIntro>
         <ListItem>No assumptions apply in this case.</ListItem>
      </List>
      <List>
         <ListIntro>
            <GUIRef href="" role="manual">IT support:</GUIRef>
         </ListIntro>
         <ListItem>LN Warehouse Management, Items, and Warehouses</ListItem>
      </List>
   </GeneralSection>
</ManualTopic>