Select ID
A selection identifier is a selection of inventory items that you count for a
specific inventory purpose.
You can have multiple select IDs that are used for different types of inventory assessments.
To conduct a complete inventory assessment, you can select every item at a location to be counted under a single select ID. You can also define a select ID that identifies items to count for a particular bin group or movement class. Conversely, select IDs can be set up to not require the entry of counts, items with zero stock-on-hand quantities, and items with no unit cost.
These are other reasons to define a select ID:
- Select items with a high turnover rate
- Select a count accuracy less than a specified percentage
- Select items not counted in a specified number of days (cycle counts)
Item counts are updated to inventory when you run Inventory Variances Update in update mode.