Reorder Levels and Quantity/Configuration

Roles

Inventory Admin

Path

Configuration » Reorder Levels and Quantity / Configuration

Terminology Used

Minimum Quantity – it refers to the minimum quantity of a particular item of material that must be kept in the stores at all times.

Maximum Quantity – Maximum level is that level of inventory, which is not normally allowed to be exceeded.

Reorder Level – Reorder level is the inventory level at which the Organization would place a new Purchase order.

Reorder Quantity – The reorder quantity is the quantity of the order that is to be placed on a new purchase order for the particular product when the product quantity less than or equal to reorder level.

Functionality

-         Admin can set the Minimum, Maximum, reorder level as per organizational use of that product.

-         It will help to track of that product quantity level. It will indicate user on Inventory Transaction UI.

-         User can filter out product list based on Minimum, Maximum or Reorder level.

-         Reorder Quantity will be calculated based on minimum, maximum and reorder level.

Screen Shots / Steps

Set minimum, maximum, reorder quantity