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What is an Inventory Adjustment?
What is an Inventory Adjustment?

Understanding different types of Inventory Adjustments

Updated over a week ago

Inventory adjustments in Brahmin Solutions are essential tools that allow users to accurately reflect changes in stock levels. These adjustments can include adding, removing, transferring, or relocating products. Below are key scenarios where inventory adjustments are particularly useful:

1. Adding initial inventory

New clients of Brahmin Solutions with pre-existing stock need to update their inventory levels in the system. This is also applicable when setting up new products using the SKU_Import_Template.

2. Updating current inventory levels

Regular updates are crucial to ensure the system's inventory levels match the actual physical counts in various warehouses and locations. Users can adjust inventory levels upwards or downwards based on these counts.

3. Managing Inventory Across Multiple Locations

When inventory needs to be moved between different warehouses or within the same warehouse, inventory adjustments facilitate the tracking of these physical movements, ensuring an accurate representation of where resources are located.

4. Adjusting Stock Levels for Non-BOM Consumables

In cases where certain low-value materials (like threads or nails) used in manufacturing aren't included in the Bill of Materials or Product Recipes, their stock levels won't automatically update with Manufacturing Orders. To keep track of these items, manual stock level adjustments are necessary.

5. Accounting for Unforeseen Stock Changes

Stock levels may also need adjustments due to unforeseen events like damaged goods, waste, loss due to theft or fire, or misplaced items. These adjustments ensure the inventory records reflect the actual available stock.

By utilizing these adjustment capabilities, businesses can maintain accurate and up-to-date inventory records, crucial for effective inventory management and operational efficiency.

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