Technical Blog Post
Rotating Items, Rotating Inventory and Rotating Assets...dizzy yet?
I am often amazed how many times I receive questions regarding Maximo's rotating inventory functionality. The surprise comes from the fact that this functionality has been in the product since at least the days of 3.x (maybe earlier...anyone have a copy of 2.1.1 and can tell me?)
Many customers are looking to implement or expand their usage of rotating inventory so it seemed appropriate to provide a bit more information on what all this rotating stuff is about.
Rotating inventory is what you have when you add a rotating item to a storeroom. This will reflect the balances for that rotating item in a storeroom, including all of the usual inventory attributes such as bin info, reorder details, vendors etc. Rotating assets are the individual asset records for the rotating item. In Maximo this means that there are records, viewable in the assets application. Each individual asset will conform to the form, fit and function specified in the rotating item record. Indeed they are linked via the rotating item number. When a rotating asset is located in a storeroom, the asset record will contribute in making up that storeroom's inventory balance.
Because rotating items are specified by individual assets, their use requires the specification by asset number. For example, issuing a pump or a laptop from a storeroom requires you not only specify the item number, but also the specific instance of that item number in the form of the rotating asset number.