Tuesday, August 5, 2008

Inventory Management and the Warehouse Management System

The Inventory Management system can be extended by the Warehouse Management system (LE-WM) which manages storage bins in complex warehouse structures. While Inventory Management manages the stocks by quantity and value, the Warehouse Management component reflects the special structure of a warehouse, and monitors the allocation of the storage bins and any transfer transactions in the warehouse.
If goods receipts are planned, Materials Planning can monitor the stocks of ordered or manufactured materials and achieve an optimal inventory balance.Unless receipts are planned, the system cannot track materials that have been ordered. Planned receipts, therefore, are crucial to regulating the level of inventory in the warehouse.

1 comment:

John said...

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