Stock Section - For Stockkeeper

The Stock module gives the ability to:

• manage new and existing stock items, their lots (batches) and serial numbers,
• move items between storage locations (shelves, bins),
• create and report shipments to customers,
• transfer items between sites,
• perform inventory counts,
• see low inventory alerts,
• see stock history,
• create write-offs,
• see detailed financial stock balance movements.

The Stock section has the following sub-sections:

• Items - a detailed overview of all your stock items – both the parts and the finished products.
• Stock lots - a list of all stock lots (batches) that are either currently in stock or scheduled to arrive, plus the history of all stock lots in the system.
• Shipments - a list of all shipments to customers or subcontractors, both planned and shipped.
• Transfer Orders - a list of all transfer orders between warehouses. Available with the Multi-stock and Production Sites functionality.
• Inventory - a list of all items that are stored in the stock, and allows to update the inventory levels during a cycle count.
• Critical on-hand - a list of procured and manufactured items which are below their minimum available quantity and need re-ordering. 
• Write-offs - a list of all products and parts that have been manually written off stock.
• Stock movement - financial report of on-hand stock balance and its detailed movements in any chosen period.
• Serial numbers - a list of all serial numbers of all parts. Available with the Serial Numbers functionality.
• Stock settings - settings of Product Groups, Units of Measurement, Storage Locations, Parameters, and Relations.

Stock - Frequently Asked Questions

Demo video: Inventory management

Setting up items:

1. Item's settings and parameters.
2. Create a new item.
3. Set up a procured item.
4. Set up a manufactured item.
5. Set up a kit of products, bundle, auto-assembly product.
6. Set up a kit of parts, phantom (BOM) item.
7. Set up an item with parameters (Matrix BOM).
8. Set up a subcontracted item, that is produced by your vendor from your materials.
9. Set up a non-inventory item.
10. Copy an existing item, duplicate an item.
11. Attaching files.
12. Showing item attachments in Purchase Order PDFs.
13. Displaying item icons on PDFs.
14. Import items into MRPeasy.

Reports:

1. Item reports.
2. Find the BOMs where a part is used in ("Where used" / "Engagement" report).

Inventory levels:

1. Enter initial inventory values into MRPeasy.
2. Inventory numbers - in stock, available, expected...
3. Calculate virtual stock.
4. Check historical inventory levels.
5. Enter cycle count results.
6. Enter a new item quantity.
7. What happens if the new quantity is greater? Or smaller?
8. WIP (Work in Progress) values at Stock -> Inventory.
9. Manually write off items from stock.
10. Define custom write-off types.

Purchases:

1. Report full or partial Purchase Order receipt.
2. Low inventory alerts.
3. Create a Purchase Term.
4. Convert a vendor's unit of measurement.
5. Enter pricing tiers for purchased items.
6. How are Purchase Terms used to auto-fill POs?
7. How are Purchase Terms used when estimating the cost of an out-of-stock item?
8. Update Purchase Terms.
9. Import Purchase Terms in bulk.
10. Procurement FAQ.

Managing shipments to customers:

1. Create a shipment.
2. Book items for a shipment.
3. Print a Waybill, Packing list, Picking list.
4. Print labels for shipment.
5. Report shipping.
6. Shipment statuses.

Stock balance movements, financial information:

1. Item cost calculation.
2. Stock financials, stock balance, and movements.

Stock lot traceability, batch inventory traceability:

1. What is a stock lot?
2. How does stock lot tracking work in MRPeasy?
3. Perform incoming quality control.
4. Print a stock lot label.

Serial number tracking:

1. Demo video: Serial numbers
2. Enable tracking of serial numbers for an item.
3. Enter serial numbers of purchased items.
4. Create serial numbers for manufactured items.
5. Report serial numbers of used components.
6. Print serial number labels.
7. Ship serial numbered items to customers.
8. Transfer serial numbered items to another warehouse.
9. Accept customer returns of serial numbered products.
10. Write off serial numbered items.
11. Serial numbers statuses.

Storage locations and several sites-warehouses:

1. Move items between internal storage locations.
2. Transfer items from one warehouse to another.
3. Transfer Order statuses.
4. Prepare a transfer and print documents (Waybill, Picking list).
5. Dispatch the items from one site and receive the items at another site.
6. Add fees to a transfer order.

Units of measurement:

1. Define a unit of measurement.
2. Standard unit conversions for use in BOMs.
3. Convert a vendor's unit of measurement.

Jump to other FAQs:

• CRM FAQ.
• Production planning FAQ.
• Procurement FAQ.
• Production reporting FAQ.
• Settings FAQ.