Inventory adjustments are made because there is a discrepancy between the physical stock quantities and the system stock quantities for a given product. Adjustments allow the warehouse to adjust quantities for freight that has been damaged, adjust quantities for missing freight, and/or adjust quantities for found freight. Typically discrepancies or damages are found during a cycle count. The frequency and type of cycle counts depend on the client’s SOP.
Since adjustments have a financial impact on both SEKO and the client, only certain users have access to make/confirm adjustments to product quantities.
If inventory needs to be adjusted for the client, follow the below steps:
Step 1: Verify location and product
The operator selects ‘Inventory Adjustments’ from menu
The location is scanned
If the location scanned is not a valid location, the operator is prompted to scan a valid location
The operator then scans the product
If the product scanned is not a valid product, the operator is prompted to scan a valid product
Step 2: Record Updated Quantity
Depending on the location the product is stored in and the fields the product requires for capture(?) the operator follows the process below:
If the product is associated to a LPN in a 'LPN Controlled Location' [link definition of LPN controlled location (terms glossary)] the operator scans the LPN.
An invalid LPN scan prompts the operator to scan a valid LPN
If the product is Lot Controlled or requires a serial number to be stored at the inventory level the system will prompt the operator to scan/capture the data.
If the product is not associated to a LPN in a ‘LPN Controlled Location’, the system displays the current quantity.
The operator then enters the new quantity and an applicable reason code (link reason code list).
The quantity is then updated by the system for the selected product.