Show On-Hand Stock On Sales Order (Not Forecast)

Refines stock availability calculations for Sales Orders by restricting availability to actual on-hand quantities
January 1, 2025 by
Show On-Hand Stock On Sales Order (Not Forecast)
Silverdale Technology, Somroo Hassaan
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Show On-Hand Stock on Sales Order (Not Forecast) feature refines stock availability calculations for Sales Orders by restricting availability to actual on-hand quantities. This enhancement prevents stock commitments based on forecasted stock and ensures accurate inventory management.

Key Functionalities:

  1. On-Hand Stock Availability:
    • The system will only consider products as "available" for SOs if the on-hand stock is greater than zero and is not already reserved.
    • Forecasted quantities, such as those from confirmed POs, will no longer influence availability calculations.
  2. Prevention of Negative Stock Values:
    • Restricts the system from allowing negative available quantities caused by reservations based on forecasted stock.
    • Ensures that product availability reflects real-time, accurate stock levels.
  3. Streamlined SO Workflow:
    • Improves order processing reliability by ensuring stock commitments align with actual inventory.
    • Prevents discrepancies and over-promising to customers.

Key Benefits:

  • Accurate Stock Management: Reflects true stock levels, avoiding reliance on forecasted inventory.
  • Prevent Over-Commitments: Ensures customer orders are fulfilled without delays caused by unavailable stock.
  • Improved Reporting: Maintains accurate inventory records for better decision-making.
  • Eliminates Negative Stock Issues: Avoids the complications of negative stock values in availability calculations.

Example Use Case:

A sales representative creating an SO for King Wholesale (e.g., SO: S17437) observes the accurate availability of products based solely on on-hand stock. If no stock is physically present in the warehouse, the product will be marked as unavailable, ensuring no false commitments based on forecasted POs.

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