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Author : Debabrata Sarkar E-Mail :  [email_address] Date : 06-Jul-2008 Inventory Adjustments
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Inventory Adjustments ,[object Object],[object Object],[object Object]
Inventory Adjustments – Reason Codes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methods for Inventory Adjustments ,[object Object],[object Object],[object Object],[object Object],[object Object],NB:  “If there are Inventory Adjustments in Headquarter using RMS, Adjusted Quantities should be interfaced to Warehouse System or Store Operation System as well in order to make consistency in Stock-on-hand between RMS and External Systems”.
Store/WH Inventory Adjustments – Data Flow STORE/WH System Inventory Adjustment: RMS Financial System RDW 1. Initiate Inventory Adjustments 2. Inventory Adjustments 3. Update stock ledger and on hand/unavailable inventory 4a. Stock Ledger (Inventory Adjustments) 4b. Inventory Adjustments STORE/WH System RMS Financial System RDW 1. Initiate Stock Comparison 2. SOH Snapshot 4a. Stock Ledger (Inventory Adjustments) 4b. Inventory Adjustments Stock Comparison: 3. Update Stock Ledger and Stock-on-hand
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Inventory Bucket Inventory Bucket Description Stock On Hand Indicates the quantity of an item that is physically present and owned by a location.  In Transit Indicates the quantity of an item that is traveling to a location from another location.  In Transit merchandise will always appear on the record of the destination location. Transfer Reserved Indicates the quantity of merchandise on approved (not shipped) transfers or allocations for the item/location, where the location is the “from” location on a transfer or allocation.  Transfer Expected Indicates the quantity of merchandise on approved (not shipped) transfers or allocations for the item/location, where the location is the “to” location on a transfer or allocation.  RTV Indicates the quantity of merchandise for the item/location that is on an approved, but not shipped RTV. Non-Sellable Indicates the sum total of merchandise for the item/location that has been given a non-sellable status (e.g. sum of records for the item/location on the INV_STATUS_QTY table)
Inventory Bucket Inventory Bucket Description Customer Reserved Indicates the amount of inventory for an item at a location that is reserved for customers.  This bucket is only populated by RCOM. Customer Backorder Indicates the amount of inventory for an item at a location that is backordered for customers.  This bucket is only populated by RCOM. Pack Component SOH Indicates the amount of inventory for an item that is held as a pack component at the location.  This will only be populated for non-pack items at non-store locations. Pack Component In Transit Indicates the amount of inventory that is in-transit to the location for an item that is part of a pack.  This will only be populated for non-pack items at non-store locations. Pack Component Transfer Reserved Indicates the amount of inventory that is reserved at a location for an item that is part of a pack.  This will only be populated for non-pack items at non-store locations. Pack Component Transfer Expected Indicates the amount of inventory that is reserved for a location for an item that is part of a pack.  This will only be populated for non-pack items at non-store locations.
Inventory Bucket Inventory Bucket Description Pack Comp. Customer Reserved Indicates the amount of inventory at a location that is reserved for customers and that is part of a pack.  This bucket is only populated by RCOM and will only be populated for non-pack items at non-store locations. Pack Comp. Customer Backorder Indicates the amount of inventory at a location that is backordered for customers and that is part of a pack.  This bucket is only populated by RCOM and will only be populated for non-pack items at non-store locations.
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Inventory Calculations ,[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Retail Best Practice ,[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Flow Context
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Flow Diagram
Business Flow Diagram
? Questions

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Innovation Conference 5th March 2024.pdf
 

Inventory Adjustment Methods

  • 1. Author : Debabrata Sarkar E-Mail : [email_address] Date : 06-Jul-2008 Inventory Adjustments
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  • 8. Store/WH Inventory Adjustments – Data Flow STORE/WH System Inventory Adjustment: RMS Financial System RDW 1. Initiate Inventory Adjustments 2. Inventory Adjustments 3. Update stock ledger and on hand/unavailable inventory 4a. Stock Ledger (Inventory Adjustments) 4b. Inventory Adjustments STORE/WH System RMS Financial System RDW 1. Initiate Stock Comparison 2. SOH Snapshot 4a. Stock Ledger (Inventory Adjustments) 4b. Inventory Adjustments Stock Comparison: 3. Update Stock Ledger and Stock-on-hand
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  • 10. Inventory Bucket Inventory Bucket Description Stock On Hand Indicates the quantity of an item that is physically present and owned by a location. In Transit Indicates the quantity of an item that is traveling to a location from another location. In Transit merchandise will always appear on the record of the destination location. Transfer Reserved Indicates the quantity of merchandise on approved (not shipped) transfers or allocations for the item/location, where the location is the “from” location on a transfer or allocation. Transfer Expected Indicates the quantity of merchandise on approved (not shipped) transfers or allocations for the item/location, where the location is the “to” location on a transfer or allocation. RTV Indicates the quantity of merchandise for the item/location that is on an approved, but not shipped RTV. Non-Sellable Indicates the sum total of merchandise for the item/location that has been given a non-sellable status (e.g. sum of records for the item/location on the INV_STATUS_QTY table)
  • 11. Inventory Bucket Inventory Bucket Description Customer Reserved Indicates the amount of inventory for an item at a location that is reserved for customers. This bucket is only populated by RCOM. Customer Backorder Indicates the amount of inventory for an item at a location that is backordered for customers. This bucket is only populated by RCOM. Pack Component SOH Indicates the amount of inventory for an item that is held as a pack component at the location. This will only be populated for non-pack items at non-store locations. Pack Component In Transit Indicates the amount of inventory that is in-transit to the location for an item that is part of a pack. This will only be populated for non-pack items at non-store locations. Pack Component Transfer Reserved Indicates the amount of inventory that is reserved at a location for an item that is part of a pack. This will only be populated for non-pack items at non-store locations. Pack Component Transfer Expected Indicates the amount of inventory that is reserved for a location for an item that is part of a pack. This will only be populated for non-pack items at non-store locations.
  • 12. Inventory Bucket Inventory Bucket Description Pack Comp. Customer Reserved Indicates the amount of inventory at a location that is reserved for customers and that is part of a pack. This bucket is only populated by RCOM and will only be populated for non-pack items at non-store locations. Pack Comp. Customer Backorder Indicates the amount of inventory at a location that is backordered for customers and that is part of a pack. This bucket is only populated by RCOM and will only be populated for non-pack items at non-store locations.
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