Inventory Adjustments allow the user to add, remove, transfer or move the number of products they have in stock.
Following are some scenarios that would require the use of an adjustment:
Adding initial inventory - for new clients of Brahmin Solutions, businesses with existing inventory levels would require updating current inventory levels into Brahmin Solution. This can also be done when initially setting up the products in the system using the SKU_Import_Template. To learn more about product import, click here.
Updating current inventory levels - adding and removing inventory to match current physical level count at different warehouses and locations within your facilities. Users can add or remove inventory levels when taking the count of actual inventory levels.
Transferring/moving inventory - for managing inventory levels across multiple warehouses or locations within a warehouse. Users can translate the physical movement of inventory between warehouses and between locations within a warehouse based on where it is needed the most.
Changing the stock level for consumable materials not included in Bill Of Materials / Product Recipes - there might be some low-value materials that you have in stock and use in manufacturing your products but do not include in BOM (e.g., thread, nails). In this case, Manufacturing Orders do not trigger inventory movements for these materials. If you wish to track the stock level for those materials, you can periodically change the stock level with Stock Adjustments.
Any other positive or negative event affects the Stock Level - damaged goods, waste material, loss to theft or fire, lost items, etc.