The Stock Transfer screen is used to transfer stock from one location to another.
Stock transfer purposes
Stock is transferred for these purposes:
•If you receive purchased items to a receiving location for inspection, labeling, and other processes, the stock transfer is used to transfer stock from the receiving location to actual storage locations.
•The stock transfer is used to replenish stock in primary locations from stock in overflow locations.
•The stock transfer is used to transfer stock to remote warehouses or service vehicles.
Transferring stock from one location to multiple locations
There are situations such as when stock is transferred from the receiving location to actual storage locations where you need to transfer stock from one location to multiple locations. To do so, select the location in the header panel, then click the Transfer All to Primary button. All items currently in the selected location will be displayed and will be pre-filled for transfer to each item’s primary location. You can then edit the screen for any exceptions and click Update to transfer all the items in a single transaction to their destination locations
When you encounter an item with a ‘FIND’ location
Some items, especially those with occasional or infrequent usage, may not have location assignments, in which case we advocate creating and using a ‘FIND’ location. When you transfer an item with ‘FIND’ as its primary location, it means that you should find an available location and specify it as the transfer location.
Finding an allowable location
In the Transfer Inventory Details section of the grid you can click the lookup in the Location field to get a list of allowable locations for the item. The Capacity field indicates the maximum number of units that can be stored in each location. When you select an allowable location, you can click the magnifying glass icon at the bottom of the screen to view stock in that location to determine if the location is available.
If the item is subject to lot control
When an item is subject to lot control, a line is displayed for each lot number within each location. Transfer stock line-by-line as needed.
If the item is subject to serial control
When an item is subject to serial control, a line is displayed for each serial number. Transfer stock line-by-line as needed.
Transferring stock in one line to more than one location
If you wish to transfer stock listed in one line to more than one location, click the Add button in the Transfer Inventory Details section to open another line, within which you can specify an additional location. Add as many lines as needed to accommodate the number of destination locations.
Using a transit location
If you transfer stock to remote locations and there is significant transfer time involved, you can create one or more “transit” locations to track stock in route. The Stock Transfer screen is used to transfer stock quantities from the source locations to the transit location, which may be your own truck or a commercial shipper. When the items arrive at their destination, the Stock Transfer screen is used to transfer stock quantities from the transit location to final locations.
Designate the transit location as Transitory
When you create the transit location, select the Transitory checkbox. This identifies the location as a transitory location where stock is stored on a temporary basis to perform a process or transfer. In the Order Picking and Job Issues screens, stock quantities in transitory locations are displayed for reference, but are not available for picking or issuing.
Using service vehicle locations
You may have service vehicles used by field technicians or salespeople that have a small parts inventory. Each such vehicle can be given its own location, so that you can track and replenish field inventories. Service vehicle locations are not assigned as default locations because they are always secondary locations rather than primary locations. The Stock Transfer screen will be used periodically to replenish service vehicle stock.
Transferring stock from multiple locations to a single location
There may be situations where you wish to transfer stock from multiple locations to a single location, such as when you transfer stock to a transit location or service vehicle location. To do so, after a location is selected in the header panel, click the Transfer All to Single button and select a target location to which all stock will be transferred.
