Inventory Adjustment Process

ShipHawk WMS supports three key adjustment processes:

• Inventory Adjustment

• Inventory Transfer

• Inventory Build/Unbuild

An Inventory Adjustment adds or subtracts inventory quantity of a specific item, in a specific status, in a specific bin. These are posted as Inventory Adjustments in real time to the ERP (NetSuite). Adjustment types and accounting codes are defined in ShipHawk WMS using the List of Values table (see Administration section).

An Inventory Transfer moves a specific item, of a specific status, in a specific bin to a new physical location, OR, to a new status in the same physical location. There is no loss or gain of inventory value relating to a transfer. These are posted as Inventory Transfers in real time to the ERP (NetSuite)

An Inventory Build creates assemblies (or disassembles components) from an item that can reside in inventory as an assembly or it’s Bill of Materials components (referred to as an Assembly Item in NetSuite).