Monitor and interpret Inventory levels for “Q” or “A” Type Master Inventory Part Numbers across different Q360 Forms
Inventory Levels in Master Inventory Form
On Hand: Quantity of all inventory that currently exists across the Company
Allocated: Quantity (on Confirmed or Approved Orders) that has not yet shipped
Picked: Quantity ON HAND that has been assigned and reserved for existing jobs
On Order: Quantity of inventory that has been ordered using a Purchase Order, but has not yet been received
Vendor RMA: Quantity pending Vendor replacement
RMA Test: Quantity of Items that have been returned from the Customer and will be tested and scraped, returned to Vendor, or moved back into Available Inventory. These Items are not in your Inventory at this time
Reorder QTY: Inventory Quantity threshold to trigger re-ordering. This value is editable
Min QTY: A predetermined Minimum Quantity of Inventory. This value is editable
Max QTY: A predetermined Maximum Quantity of Inventory. This value is editable