Warehouse - Item Inventory Ownership (whwmd2615m000)Use this session to obtain an overview of the item inventory by warehouse. You can select a line and access related data through the options on the appropriate menu. Note Effectivity units of items that are not lot-controlled are not recorded in warehouse inventory.
Warehouse The warehouse in which the item is stored. Item In LN,
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:
Inventory 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. Inventory on Hand Consigned Customer Owned Determined at Picking The inventory on hand whose ownership changes when
picked. Total The total inventory on hand. Inventory on Order Consigned Inventory on Order Customer Owned Inventory on Order Inventory on Order Determined at Picking The inventory on order whose ownership changes when
picked. Total Quantity On Order The total inventory on order. Location Allocated The company owned location allocated inventory. Consigned Location Allocated Inventory The consigned location allocated inventory. Customer Owned Location Allocated Inventory The customer owned location allocated inventory. Location Allocated Inventory Determined at Picking The location allocated inventory whose ownership
changes when picked. Total Location Allocated Quantity The total location allocated inventory. Inventory in Transit The company owned inventory in transit. The quantity in
transit is expressed in the inventory unit. If a transfer between two
warehouses has been issued but not yet received, the quantity in transit is
increased. If a transfer has been received at the other warehouse, the quantity
in transit is decreased. After being confirmed in the issuing warehouse, you
can receive the items in the destination warehouse. Consigned Inventory in Transit The consigned inventory in transit. The quantity in transit
is expressed in the inventory unit. If a transfer between two warehouses has
been issued but not yet received, the quantity in transit is increased. If a
transfer has been received at the other warehouse, the quantity in transit is
decreased. After being confirmed in the issuing warehouse, you can receive the
items in the destination warehouse. Customer Owned Inventory in Transit The customer owned inventory in transit. The quantity in
transit is expressed in the inventory unit. If a transfer between two
warehouses has been issued but not yet received, the quantity in transit is
increased. If a transfer has been received at the other warehouse, the quantity
in transit is decreased. After being confirmed in the issuing warehouse, you
can receive the items in the destination warehouse. Total Inventory in Transit The tot inventory in transit. The quantity in transit is
expressed in the inventory unit. If a transfer between two warehouses has been
issued but not yet received, the quantity in transit is increased. If a
transfer has been received at the other warehouse, the quantity in transit is
decreased. After being confirmed in the issuing warehouse, you can receive the
items in the destination warehouse. Allocated Inventory throughout all warehouses that is allocated to
outbound order lines. After the inventory is shipped, that is, has left the
warehouse, the allocation is deleted. Also referred to as standard allocation
or soft allocation. See also inventory location allocation. See also location allocation The allocated inventory is updated by outbound order lines of the following origins:
Note LN automatically updates the overall allocated inventory for each item throughout all warehouses. The overall allocated inventory is displayed in the Item Inventory (tcibd1500s100) session. Blocked The total inventory on hold for the
item in the warehouse, expressed in the inventory unit. Inventory on hold is
part of the inventory on hand. Inventory can be blocked by blocking all transactions on:
Inventory can also be blocked as a result of an approval that must be inspected. Blocked for Planning The quantity excluded from planning. The items exist but are
unavailable for planning. Committed The item quantity in this warehouse that is committed to any order for
which inventory must be issued. The quantity is expressed in the inventory unit. LN also automatically updates the total commitments for each item throughout all warehouses. Economic Stock The inventory that is available to be sold. Actual Available Inventory The inventory actually available in the warehouse that can be
linked to an order. Receipt Open The inventory whose receipt is not yet confirmed. Inventory Committed in Process That part of the committed inventory for
which at least one the following applies:
Note The quantity that is Committed in Process cannot be more than the Committed quantity. Last Inventory Transaction Date The date of the item's last physical inventory transaction for
a warehouse. This implies that only changes in the inventory on hand cause this
date to change. Date of Historical Inventory Balance The date corresponding to the historic inventory-balance. This
is the date of the most recent inventory-transaction that is archived. Historical Inventory Balance An item's inventory on hand on the date of the most recent
inventory-transaction that is archived. Cumulative Issue The standard item's cumulative issue for a specific warehouse. Valuation Method Valuation by Warehouse Valuation Group If this check box is selected, valuation for this
warehouse is performed by warehouse valuation group. FTP The firm value against which an item is valuated in the
inventory. This value equals the item cost price, including any surcharges or
discounts. FTP also is an inventory valuation method for accounting purposes. FTP uses the fixed transfer price to valuate the inventory. Choose Cost Details to view the amounts per effective cost component. FTP The currency used to value the item. MAUC (by Warehouse) An inventory valuation method for accounting purposes. The MAUC is the average value for each unit of the current inventory. For each new receipt the MAUC is updated.
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