Inventory module

You use the applications in the Inventory module to manage your inventory of spare parts. You can maximize the availability of items for upcoming work tasks, and also reduce excess inventory balances and related carrying costs.

The goal is to find a balance of inventory stock. Maintenance work can be performed with minimum delays due to unavailable materials, without keeping seldom used items in stock.

Spare-parts management tasks include the following:

• Track the items that you have in stock
• Identify when stock becomes less than user-defined reorder points
• Create purchase requisitions and purchase orders to restock items
• Report on items received
• Define items for stocking in your storeroom
• Insert and maintain services that your company requisitions
• Manage information about the tools used to perform work
• Manage existing tools in storerooms
• Keep track of items (stocked, nonstocked, and special order items) and receive indications when stock becomes less than a specified reorder point so that you know when to reorder
• Perform issues, returns, and transfers
• Build a master list of condition codes for a particular item set
• Add and maintain information about storeroom locations, and view the items stocked within a storeroom