Requesting locations
A requesting location is a location that can be a stock location defined in the Inventory Control application, or a non-stock location such as a department, cost center, store, and so on. For both stock and non-stock locations, the location is the originator of demand for supplies or other resources. The three requesting location types and their definitions are:
Requesting Location Type | Definition |
---|---|
Stock (for Direct Transfer or Intransit Transfer transaction types) | A stock location maintains inventory items and has a transfer transaction type. |
Non-stock (for Issue transaction types) | A non-stock location requests items, but does not maintain inventory, and is required to use an issue transaction type. |
Cart/par | A cart or par location refers to par locations, exchange carts, and par level carts, all of which store established quantities of supplies in predefined arrangements. Cart or par location |
Stockless processing
Stockless processing is a method of automatically replenishing inventory that significantly reduces buyer and receiver intervention. The vendor stores and delivers inventory and non-stock items immediately before use. Items are not stored onsite. Stockless processing is based on a predefined, negotiated deal with a vendor to keep enough stock available to fill company needs on demand. Stockless processing typically involves communicating with the vendor by Electronic Data Interchange (EDI).
A requesting location can be set up as a stockless location by setting the Stockless Flag to Yes. This specifies that the requesting location participates in one or more stockless price agreements. When requisition lines are created, the application attempts to default costs from stockless price agreements for this requesting location.