Inventory

The product inventory view displays the available inventory at all locations. The view can be filtered or grouped as required to view specific data. Once the filters and groups are applied, the settings will be saved in the user profile until the filters or groups are modified.

View Inventory

1. In LMTS>BIM>Transactions>Products>Inventory, select Inventory.
2. In the Date dialog box, enter the Date of the inventory transactions to be viewed and then click 'OK'. For example, if 3/10/2013 is entered, all inventory for that date will be displayed.
3. The Product Inventory screen will display all current inventory transactions as of the date entered in the dialog box. *Note: Expired inventory will appear in red so that it is easily identified.

4. Transaction ID identifies the entity where the inventory product is located.
5. Transaction Entity Name displays the name of the entity where the inventory product is located.
6. Product No identifies the product that is in inventory. Only products that have an inventory quantity will be displayed.
7. Product Name displays the name of the inventory product.
8. Lot No is a unique identification number for the product. The Lot No is an optional field that can be entered on the receiving or transfer transaction. Once there is a lot number assigned, the inventory and associated costs will be maintained separate from those ingredients that do not have a lot number assigned.
9. Location No identifies the location where the product is stored.
10. Product Type identifies the type of product. Available options include: Field Products, Vaccinations and Medications.
11. Expiration Date indicates the date the product expires, and is generally used for vaccinations and medications.
12. The Consignment flag is selected if the ingredient was received from the vendor on consignment. There is no value associated with consignment inventory as the value is not determined until the product is used. Further details related to consignment inventory can be located in: Create a Consignment Purchase Order.
13. Consignment Complex PO No displays the purchase order from which the product was purchased and received.
14. Inventory Date displays the date of the last transaction recorded against that inventory line.
15. Requisition is required for the product to be purchased. If the flag is not selected, a purchase order can be created without the requisition. The flag is defined in Field Products.
16. Quantity represents the total quantity remaining.
17. Price represents the total value of the inventory based on the date reviewed. The inventory is valued based on Average Cost or FIFO methodology depending on the registry switch established for the feed mill.
18. Unit Price is a calculated field that displays the price per unit. Unit Price = Price/Quantity.