Inventory Definitions

Solution On Hand/In Stock:

Number of Items physically in the warehouse

On Order:

Number of Units currently on Purchase Orders but not yet received into the warehouse.

Committed:

Number of Units physically still in the warehouse, but currently on an order for shipment.

Available:

Number of Units available for sale (On Hand less Committed).

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Article details

Article ID:	333
Category:	Inventory
Date added:	2010-12-28 16:44:20
Views:	794
Rating (Votes):	(37)

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