| Inventory ReportingYou can use Inventory Reporting to generate all kinds of reports and
inquiries about inventory, specific inventory transactions, and cumulative item
issue by period and warehouse. You can also record the current inventory
position at various inventory levels and multiple entities. The inventory position is recorded at the following inventory
levels: - Item
- Warehouse
- Location
- Inventory date
- Lot
- Serial Number
Inventory is displayed for the following entities: You can use Lot Control to trace the origin of the incoming and outgoing lot and serialized items and find the location where they are
used. Transactions that influence inventory positions or movements in
a warehouse are recorded and archived. You can use this information to track
and trace the inventory movement. Negative inventory is
displayed for a specific entity. If you allow negative inventory, you can
deliver goods for an order when goods are physically available, but not yet
registered in LN. Pegged inventory You can define safety stock for mandatory project pegged
items, and planning can be performed for pegged safety stock. You can view and
maintain project pegged safety stock in the Safety Stock by Project Peg (whwmd2114m000) session. You can use LN to store and handle
rejected goods in a quarantine warehouse. Rejected inventory can also be stored
and handled in a specific location, which is called a reject location. LN handles rejected inventory against the specification as determined in the
original purchase order and purchase order line. Quarantine inventory payable to supplier is an alternative
method to handle quarantined inventory. After you receive an initial rejection
for received items, you can manage follow-up activities such as scrapping,
reworking, returning, or using the inventory "as is." Lot control enables you to trace the origin of incoming
and outgoing lots, and to find out where these lots are used. You can record
information about each lot, such as lot number, buy-from business partner,
manufacturer, and certificate number. This information is used for quality
assurance. If the item is not lot controlled, effectivity units are not recorded in the warehouse inventory. In general, expensive items are produced and handled in
relatively low quantities, whereas the goods flow of less expensive items
involves higher quantities. In LN, this concept is modeled in the low volume and the high volume
scenarios that provide various options to register and track lot and serialized
items. Lot prices can be determined by enterprise
units. When a lot is received in a warehouse, the enterprise unit of the warehouse is
linked to the lot. Therefore, multiple enterprise units can be present for a lot if
the items belonging to a particular lot are received in warehouses belonging to
different enterprise units. For each enterprise unit linked to the lot, pricing
and other lot data can be different. The need to track items by means of serial
numbers arises from the items' cost. The more expensive the item, the more
closely you want to monitor the item during its life cycle. In general, expensive items are produced
and handled in relatively low quantities, whereas the goods flow of less
expensive items involves higher quantities. In LN, this concept is
modeled in the low volume and the high volume scenarios that provide various
options to register and track lot and serialized items. The Print In Transit Inventory (whinr1410m300) session is used to print overviews of
inventory that is on its way from one warehouse to another. The report displays
item quantities listed on transfer orders. The items are issued from the origin warehouse but have not yet
been received in destination warehouse. These items are loaded onto trucks or
other means of transport, or located at pooling points such as harbors or
airports.
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