Wasp Barcode Inventory Control - Manual (Page 508)

InventoryControl Printable Help
Disassemble - (Pro and Enterprise versions only.) The process of Disassembling Assembly Items will
reduce your inventory for the Assembly Item and increase your inventory of the associated sub-items.
e Removing inventory for the Assembly Item and Adding inventory to the sub-items, unless
m has been marked to be scrapped. Scrapping an item means that inventory will be reduced
during the
is useful for
packaging materials, such as boxes, that will not be returned to inventory.
r the identification
d the system uses when adjusting
oving inventory. FIFO assumes that the first goods added are the first removed.
Inventory - Inventory is the amount or quantity you have of a particular item.
Inventory Item - An inventory item is anything you want to track the location and quantity of. The term
item is used in InventoryControl to mean anything that is put into stock (see Item entry below).
Item - Items represent the actual material or good that you will have in your inventory. For example, you
might create an Item entry for Mouse - Wireless. Then you can add inventory, or quantity, to that item. If
you are using the Enterprise or Professional version of this software, you can also create items that are
non-inventory. This is useful if you need to create an item for marketing pamphlets, counter displays or
anything you need to have, but for which you don't need to track quantity.
Kit Item - (Pro and Enterprise versions only.) Kit items are a group of items that are sold together, but
are still considered separate inventory items. As opposed to Assembly Items, you cannot add inventory,
move or check out/in Kit Items. While Assembly Items can be created in advance (pre-assembled) and
kept in inventory, Kit Items are created at pick or sale time.
Location - Locations are contained with a Site and represent the place where inventory is kept. A
location is typically shorthand for a physical place such as a shelf in your warehouse. Commonly used
conventions include Location codes like this:
01 02 05 (for Row #, Shelf #, Bin #)
Another example would be to create Site labeled Warehouse 1 containing a Locations labeled Bin1 and
Bin 2.
Move - The Move function allows you to move inventory from one location to another.
Non-Inventory Item - A non-inventory item is anything you order or receive, but do not want to track the
location and quantity of. An example of a non-inventory item might be marketing materials like a product
flyer that is taken to trade shows or put in product boxes. Once you are out you may never buy more of
that item and you don't need to know how many are left. You may need to include non-inventory items on
a purchase order and verify receipt to have a payment paper trail but you do not need to keep track of the
item after it is received. InventoryControl allows you to add non-inventory items onto purchase orders in
the Pro and Enterprise versions.
Order Unit - This is the supplier's unit of measure used when ordering an item. This may be box, pallet,
etc. This is different from the "Eaches" stocking unit. For example, "jar" may be the stocking unit, but the
supplier may ship the item in boxes containing 10 jars.
You will b
the sub-ite
for that item during the Disassembly process. You can mark the sub-item as "Always Scrap"
Assembly Item creation process so that it will always be scrapped when disassembled. This
FIFO - An abbreviation for first-in, first-out, FIFO is a method employed in accounting fo
and valuation of the inventory of a business. This is the inventory metho
or rem
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