Reservations and Allocations Features and Functions
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- Reservation days--time fence between soft and hard allocations
- Displays online and in real time resources and inventory that are available in a specific location
- Item balances maintained by grade specifications and lot number
- Available inventory reduced at time of sales order entry
- Customizable rules for reallocating inventory across open orders
- Immediate allocation of inventory quantities to backorders
- Assigns and displays available back-ordered products by location
- Allocates back-ordered items by location according to customizable criteria
- Specifies accounts for which no backorders are to be carried
- Reverses back-order status of inventory upon order rejection
- Users can manually reserve inventory or place it on hard hold for a specific order
- Users assign define criteria for creating reservations and a hierarchy for sequencing them
- Reserved inventory allocation by order account
- Inventory allocation as order is released for ALL orders
- Finds alternative inventory sources if default sourcing link does not satisfy need
- Reserves product and confirms shipping date upon receipt of order
- Allocates material and capacity to orders
- Capacity allocation by individual requirement source
- Creates reserve allocations for items
- User determines how lots will be reserved; oldest lot is automatically reserved first by default
- Picking methods will determine the quantities reserved
- Displays online detailed information about allocations, pegging it to other data
- Users can manually override back-ordered items that have been allocated
- Flags allocated items when quantities fall below reorder levels
- Displays storage limits by warehouse, lot number, or inventory allocation
- Reports actual or impending shortages
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Inventory Management Features and Functions
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