Stocked Tools

You use the Stocked Tools application to manage existing tools in storerooms.

In the Stocked Tools application, you can perform the following tasks:

• View information about a stocked tool, including balance summaries, balance details, and issue history.
• Add new bin location and balance information for a stocked tool.
• Associate vendors with a tool and analyze vendor data.
• View a list of all assets associated with a rotating tool.
• Issue, return, or transfer a stocked tool.
• View the inventory transactions for a tool.
• Adjust the physical count and the current balance for a tool.
• Specify or modify the percentage of stocked tools that can be received over the quantity ordered. When a tool record is created in the Item Master application, the receipt tolerance percentage can be specified. The receipt tolerance percentage is applied to the organization level and to the vendor level for the tool.