The Warehouse Management process helps users maintain warehouse information and manage the movement and availability of inventory across warehouses. It supports accurate stock control for purchasing, sales, production, and inventory operations.
Warehouse Management Process
1. Maintain Warehouse Information
Maintain the required warehouse records with accurate warehouse names, codes, locations, and other applicable details.
2. Review Warehouse Stock
Use the Inventory Overview to review the stock available in each warehouse. Verify item quantities and identify unusual or incorrect balances.
3. Manage Stock Transfers
Use Inventory Transfers to move stock between warehouses. Select the source and destination warehouses and record the items and quantities being transferred.
4. Record Inventory Adjustments
Use Inventory Adjustments to record approved changes to warehouse stock quantities. Enter the affected item, quantity, warehouse, and adjustment details.
5. Monitor Production Movements
Review material issued from warehouses for production and materials received into warehouses after production. Verify that the corresponding quantities are correctly reflected in inventory.
6. Verify Warehouse Stock
Regularly compare warehouse stock balances with the recorded inventory transactions. Review transfers, adjustments, material issues, and material receives to identify discrepancies.
Warehouse Review
The warehouse management process can be supported through:
- Inventory Overview – Provides current stock balances by warehouse.
- Inventory Transfers – Displays stock movements between warehouses.
- Inventory Adjustments – Displays warehouse stock adjustments.
- Material Issues – Production – Displays materials issued from warehouses for production.
- Material Receives – Production – Displays materials received into warehouses from production.
- Stock Reconciliation – Supports verification and correction of differences between recorded and physical stock.
- Stock Mismatch – Helps identify discrepancies between system stock and verified stock.