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Infor LX | Infor LN | BPCS | Baan | Infor M3

George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: Inventory Stocking Levels – Warehouses, Locations and Lots…Oh My!

The Infor LX system supports 4 levels of inventory. You can view summaries of stock at each level through the Material Status Inquiry program or through reports. Below are the 4 levels:

  • Item
  • Item + warehouse
  • Item + warehouse + location
  • Item + warehouse + location + lot

The lot number level and/or container of inventory can cross multiple warehouses and locations, for example, item + lot or item + lot + container. Locations exist within warehouses. There is no limit on the number of warehouses, locations, or lots that you can assign to an item.

Multiple Warehouses
You can assign as many warehouses as needed for any item. You can designate each warehouse as allocatable, allowed for order processing, or non-MRP, not used in the MRP netting logic. This allows your business to set up staging areas and quarantined warehouses. The warehouses can be physical or logical warehouses.

Multiple Locations
You can assign as many inventory locations as needed for any item. The location number is six characters long. This allows you to define sub-locations within a location, which can be an aisle, bin, or row.

The system stores item-warehouse combination inventory and allocation data. Optionally, sales history is available by item and warehouse in sales by units for the past twelve months. Total monetary amounts of sales by warehouse are also available in year-to-date, the last twelve months individually, and previous year-to-date.

Lot Inventory
On an item-by-item basis, the system requires the input of and performs tracking of lot numbers by inventory transaction. The system supports forward and backward lot traceability. The system provides inquiries and reports for the stock, allocation, and movement of inventory by lot. The system also automatically supports shelf life, expiration date, and reject data for each lot. The system automatically uses the expiration date in this allocation logic and MRP logic.

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Tips:  LX | BPCS | M3

Exit Points is a new feature in Infor LX Version 8 that allows users to customize, without changing the original LX source code. Exit points provide a way for you to call an external program and pass a set of parameters to implement any needed custom logic. By using Exit Points, LX customers are able to modify the software, and still take advantage of new releases from Infor. Exit points are available in many LX programs. A complete list is available on the Infor support website.

Optimize Your Manufacturing Today!

Poor performance indicators make for poor outcomes.

Companies today continue to tolerate and accept how labor and production information is recorded, and the reliability on that information is questionable. In addition to collecting labor and production information, there are many other pieces of information manually recorded from the shop floor.

A critical element of information for productivity throughput would be to examine how much time the work center or machine was actually up and running. Downtime is another critical element of data that is usually manually recorded along with a reason identifying what caused production to stop. If this information is not provided on a timely and accurate basis, then what good is it anyway? Forms are filled out, data may or may not be keyed to a spreadsheet, the forms are sorted and filed, but is anybody really looking at the information that was recorded? Think about the amount of time it takes to manage the manual collection of information from your shop floor. 

What would real time access to data mean to your organization?
The benefits:

  1. Real Time Production Visibility
  2. Reduced Paperwork Load
  3. Downtime and Scrap Visibility
  4. WIP Inventory Visibility
  5. Improve Efficiency, Capacity Utilization

Optimize Your Manufacturing Today!

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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