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Jim2® Business Engine Help File

stock locations tab

 

This tab is used to show the location that this stock is stored at. The stock locations and bins are added via Tools > Setups > Stock Locations and Stock Bins tabs.

 

If you are using Stock Procurement for auto reordering, you will set up your Min Qty and Reorder Qty requirements here.

 

Info

Stock can be held in multiple locations, but only one bin per location, unless you are licensed for Advanced Warehouse Management.

         

 

Field

Explanation

Locations

Line

The line number of this table.

Branch

The branch the stock is located at.

Location

The physical location of the stock.

Min Qty Low

Min Qty High

The quantity that you require to be kept in stock at all times, in addition to job/transfer requirements.

Limit Qty

The maximum quantity that can be ordered at any one time.

ReorderQty

The minimum cost effective quantity to be ordered, eg. always order ten at a time, as they are only half the price when ordered this way. This is at location level.

Days Supply

The number of days worth of this stock that you would like to keep in stock.

Zone

Zone/area.

Primary Bin 1

First picking bin.


Max Qty Bin 1

Maximum quantity for first picking bin.


Primary Bin 2

Second picking bin.


Max Qty Bin 2

Maximum quantity for second picking bin.

Procurement

These options are only shown if the stock type is Depleting, and these settings are the default for all locations

Min Qty per Location method

Drop-down list: choose from None or Calculated. The fields shown above (highlighted in above image) are not displayed if None is selected.

 

Selecting None means that this stock will not be included in a Stock Procurement session.

 

Selecting Calculated will show this stock in a Stock Procurement session.

Daily Avg Sold per day based on

Drop-down list. Choose from current month last year or last (number of days). If you select last, then enter the number of days in the next field (days).

Add extra … % to calculated Qty

Add a percentage to act as a safety buffer, in case the calculated quantity is insufficient to cover sales campaigns, promotions, etc.

Reorder Qty

Global reorder quantity for all locations (overrides calculated quantities).

 

warning1

Important

The reorder quantity should be the unit count – not the multiple unit measure for This Stock I Buy. If the stock is typically This Stock I Buy in DOZEN (multiple unit measure = 12 units), then the reorder should be in multiples of 12. When you raise a PO for this stock, Jim2 will calculate how many dozen to order. (eg. if reorder is set to 48, when you raise a PO it will automatically choose 4 DOZ).

 

Further information:

Stock Tab

Details Tab

Attributes Tab

Kitting or Packaging Tab

Descriptions Tab