JD Edwards EnterpriseOne Inventory Management Business Processes

JD Edwards EnterpriseOne Inventory Management provides these business processes:

• Item classification.

  The JD Edwards EnterpriseOne Inventory Management system provides for numerous purchasing, sales, and distribution classifications to report on purchasing or sales activity using many different facets of item characteristics and to determine how products move through or reside within the warehouse.

• Unit of measure conversions.

  The JD Edwards EnterpriseOne Inventory Management system enables you to define package size and the relationships among packages and performs standard conversions, such as pounds to ounces or eaches to dozens.

• Dual units of measure.

  The JD Edwards EnterpriseOne Inventory Management system enables you to maintain inventory and perform transactions for items in two units of measure.

• Manufacturing information.

  The JD Edwards EnterpriseOne Inventory Management system enables you to define the elements of items to enhance inventory planning and leadtime forecasting. As companies move toward leaner inventories, such accurately forecasting is critical to successful operations.

• Item grade and potency information.

  The JD Edwards EnterpriseOne Inventory Management system enables you to monitor grade and potency, which is crucial in industries such as food and drug manufacturing. In many cases, recording and tracking processes are strictly regulated, and noncompliance can result in stiff penalties. Furthermore, regulatory agencies require extensive documentation.

• Issues.

  Issues are typically used to remove inventory from a location. You can enter an issue for damaged goods, marketing demonstration, or internal use.

• Adjustments.

  Adjustments are used to reconcile discrepancies between physical inventory counts and on-hand system quantities. You can enter an adjustment for shrinkage, unrecorded gain, and initial balances.

• Transfers.

  Transfers are used to document the movement of an item. You can enter a transfer to record movement from location to location, from vehicle to location, or from plant to plant.

• Physical inventories.

  The JD Edwards EnterpriseOne Inventory Management system provides a cycle count and a tag count to conduct periodic physical inventory reconciliations.

We discuss these business processes in the business process chapters in this implementation guide.