| # Item - Inventory Structure (whinr1550m100) Use this session to keep track of the inventory structure. You can see per item and warehouse which quantities are stored in which locations. In this session you can only select the location from or to which deviations of the packing-slip quantity are subtracted or added. Note You can only start this session from the Adjust Location field of the Receipt Correction (whinh3121s000) session. Item In ERP Enterprise, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit, or exist in multiple product variants. You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items: Cost items (for example, electricity) Service items Subcontracting services List items (menus/options) Warehouse A place for storing goods. For each warehouse, you can enter address data and data relating to its type. Location A distinct place in a warehouse where goods are stored. A warehouse can be divided into locations to manage the available space, and to locate the stored goods. Storage conditions and blocks can be applied to individual locations. Inventory Date A date that is assigned to items when they are stored. You can use inventory dates to retrieve items based on FIFO (First In First Out) or LIFO (Last In First Out), without carrying out extensive lot control. The meaning of the inventory date is connected to the outbound priority of LIFO, FIFO, or the product expiry date of the item. With outbound priority LIFO or FIFO, the default for the inventory date is the system date; however, you can overwrite this so that the inventory date does not have to be equal to the storage date. If the item has a particular shelf life, the inventory date is the product expiry date defined for the item. Package Definition A particular configuration of items and their packaging. A package definition for an item can, for example, be the following: a pallet contains 12 boxes and each box contains 4 pieces. Level The package definition level of the item. Inventory on Hand (Storage Unit) The physical quantity of goods in one or more warehouses (including the inventory on hold). Unit The unit of measure in which the inventory of an item is recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure conversions, especially for conversions that concern the order unit and the price unit on a purchase order or a sales order. These conversions always use the inventory unit as the base unit. An inventory unit therefore applies to all item types, also to item types that cannot be kept in stock. |