Please Wait a Moment
X

Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

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.

Previous Article Need Knowledgeable ERP Staff Quickly?
Next Article Tim Baker – Infor LX User Group’s Newest Board Member!
Print
15987 Rate this article:
4.0
George Moroses

George MorosesGeorge Moroses

Other posts by George Moroses

Theme picker

Contact author

Please solve captcha
x

Tips:  LX | BPCS | M3

I recently came across an article from CIO Magazine that talked about the various ways that your ERP system could be hurting your business. The single most important item on that list referenced ERP systems that weren’t integrated with other systems that housed mission-critical business data.

Having data in two (or more) systems that don’t talk to one another is like baking a pizza crust in one oven and the toppings in another. Once baked, you may have some good food to snack on, but it sure isn’t pizza! Pizza requires the cheese and sauce and spices to bake with the crust. One takes on the flavor of the other and when you take a bite, you get a complete representation of the flavors.   

That’s the value of an integrated ERP system. When you take a bite, you get a complete representation of the flavors…meaning, you get one version of the truth. Everything comes together to allow you to analyze critical business data in an efficient way with no disconnects.

Crossroads consultants have spent years developing integration expertise to tie countless different systems to Infor ERPs.

Here are some examples…

First4849505153555657Last

Theme picker

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:

12345678910Last

Theme picker

Categories