Openbravo Warehouse Management
In Openbravo Warehouse Management most of the warehouse movements are created automatically based on the transactions of Sales and Procurement processes. However, operating a warehouse also involves several manual activities, such as physical inventory, goods movements and their tracking and inventory valuation. These activities are executed in the Warehouse Management application area and are gathered in the Inventory Accuracy business flow which is described below.
Main sub-processes of the Inventory Accuracy business flow are:
- Physical Inventory. This is a process where a business physically counts individual items in stock at a particular point in time and updates their inventory count within the system (if needed). It represents an opportunity to correct any inaccuracies in the records. Here are several reasons to conduct a physical inventory:
- To initiate the stock
- To verify the physical amount, condition, and location of inventory items
- To identify, document, and add items to its inventory list that are on-hand and meet qualifying criteria, but are not currently shown as part of the inventory
- To ensure that legitimately transferred or disposed items are no longer carried on the inventory listing
- To identify any missing or damaged items that need to be located, repaired, or replaced.
- Goods Movement. Transfers inventory between storage bins or warehouses. Possible reasons for goods movement are:
- Goods received at warehouse from another party or warehouse.
- Inventory movement due to conversion of goods.
- Goods Tracking. Displays all of the different movement types that happen in warehouse to verify the history, location, or application of an item by means of documented recorded identification.
- Inventory Valuation. Allows a company to provide a monetary value for items that make up their inventory.
- Inventory Update. Allows a company to change either current inventory amount or current unit cost of products in stock.
- Cost Adjustments Review. Allows a company to review product cost adjustments caused by changes in purchase prices, landed cost allocation or manual / negative cost corrections.
Openbravo Warehouse Management Back Office Wiki Page
3. Storage Bin
4. Product Transactions
5. Bin Contents
Openbravo Warehouse Management Introduction
Create warehouses and organize them using storage bins.
Warehouse represents on the application, the physical location of the stock. To define more exact location of goods inside warehouse it is divided into Storage Bins.
This window allows to create and setup warehouses and get information about goods available in the warehouse and information related to transactions.
Create warehouses for your organizations.
It is important to have a previous overview before creating warehouses. Warehouse tab contains essential details of the warehouse, meaningful ones are Name and Location / Address.
Defines Storage Bin position in the warehouse: Row (X), Stack (Y) and Level (Z) fields and other parameters.
Other fields to note:
- Relative priority: in terms of retrieving and taking out stock. Normal sequence of products shipment from the warehouse is first in first out (FIFO), but in this field a priority related to storage bins with the same product is indicated (0 = highest priority). The field is used by automatic processes that need to determine which storage bin to use, for example Create Shipments from Orders. It also defines sorting of storage bins in the Locator (Storage Bin) Selector.
- Default: when selected, this storage bin appears by default on documents
- Barcode: There is no logic behind this field. It has been created in order to be used/implemented by other modules such as Warehouse Mobile Operations
View all products transactions related to the selected warehouse.
History of transactions (materials receipt, shipment, used in production, etc.) that influence selected storage bin.
The content of this tab is the same as of Goods Transaction window.
View the stored products of a selected storage bin.
Bin Contents read-only tab lists products stored in a particular storage bin.
Fields to note:
- Attribute Set Value: field is displayed if the product in the line has attributes (color, size, serial number or several of them together etc).
- Last Inventory Count Date: the last date this product was checked during Physical Inventory Count process.
- Quantity on Hand: current stock of the product.
- Quantity in Draft Transactions: product quantity that is in warehouse transactions (like Goods Receipt, Goods Shipment, Physical Inventory, Goods Movements) in Draft status.
Create and edit G/L accounts to be used in transactions including a selected warehouse.
This tab specifies the Warehouse Differences account for each organization’s general ledger configuration.
It is automatically populated when a new warehouse is created as it is taken from the corresponding account of the Defaults tab of the corresponding general ledger configuration.
Please find below detailed description of all windows and reports of the Warehouse Management application area.
Generate Average Costs
Inventory Amount Update
Material Transaction Report
Valued Stock Report
Valued Stock Report Legacy
Product Movements Report
Pareto Product Report Legacy
Pareto Product Report
Process Price Difference Adjustment
Reset Unit Cost
Warehouse and Storage Bins
Landed Cost Type
Bill of Materials Production
Expiration Date Report
Warehouse Control Report
BOM Production Report