Distribution Inventory Management Module What is Inventory Management? • JD Edwards EnterpriseOne Inventory Management is the basis of the supply chain. • It is designed to help businesses manage their inventory more effectively. • The module provides a centralized location for tracking inventory and managing inventory transactions such as receiving, transferring and issuing inventory. Item numbering and Description • The item number is a unique identifier that is used to track inventory items throughout the system. • The item description provides a detailed description of the item, including its name, weight and other relevant information. Item cross referencing • The item cross referencing is used to link different item numbers to each other. • This allows businesses to track inventory items that are related to each other, even if they have different item numbers. Stocking Features • Typically, a company maintains one or both types of inventory; stock items and non-stock items. 1. Stock items are stored products or parts that are ready for sale. 2. Non-stock items are items that are used by the company, such as office supplies. Item Locations • The JD Edwards EnterpriseOne Inventory Management system enables you to create locations and track the items through a vast number of item locations. Lots • When inventory items are received, they are assigned a plot number, which is a unique identifier that groups together items that were produced or received together and share the same characteristics such as production date, expiration date, or quality status. • BY tracking inventory items by Lot, business can ensure that they are using the oldest inventory items first to prevent spoilage and can also trace inventory items back to their source in the event of quality issue. Physical Warehouses • After you determine how to store the inventory, you must set up physical locations within the available storage space. • A physical location, also known as an item location, is where you actually store an item. • Using the JD Edwards EnterpriseOne Inventory Management system, you can maximize the dimensions and layout of the physical warehouse. Logical Warehouses • If you typically receive large shipments of items that take up a lot of space, you can also distribute the item into logical warehouses. • A logical warehouse is a location that does not physically exist. You designate a logical warehouse to resemble an actual physical warehouse, and define its locations in a format that fits the needs.
