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<p><strong>Material Transfer Methods in AIMCOR</strong></p> <p>AIMCOR supports various material transfer methods to streamline inventory management and ensure accurate tracking of stock movements. Below is a detailed overview of each method:</p> <h3>Inward Transfer</h3> <p><strong>Description:</strong><br>The Inward Transfer is used to add new stock to your inventory. This can happen through two main processes:</p> <ul> <li><strong>Manual Entry:</strong> Directly input the details of the new stock into the system. This is useful for smaller batches or when stock arrives without accompanying documentation.</li> <li><strong>Purchase GRNs:</strong> Automatically add stock to your inventory by processing Purchase Goods Receipt Notes (GRNs). This method ensures that the stock recorded matches the quantities and specifications received from suppliers.</li> </ul> <p><strong>Use Case:</strong><br>Ideal for adding newly acquired materials, raw materials, or products to your inventory, ensuring your stock levels are up-to-date.</p> <h3>Outward Transfer</h3> <p><strong>Description:</strong><br>Outward Transfer is utilized when materials are moved out of your store area. It covers several scenarios:</p> <ul> <li><strong>Sales Order Dispatch:</strong> When materials are sent to a client based on a Sales Order, the system tracks the reduction in inventory.</li> <li><strong>Job Work:</strong> Materials can be sent to an external vendor for further processing or fabrication, tracked against a Work Order.</li> <li><strong>Internal Transfers:</strong> Move materials between different store areas within your company. This is useful for multi-location facilities or when different departments require specific stock.</li> </ul> <p><strong>Use Case:</strong><br>Useful for fulfilling client orders, sending materials for subcontracted work, or organizing internal logistics.</p> <h3>Consumption</h3> <p><strong>Description:</strong><br>Consumption occurs when materials are used in production against a manufacturing Work Order. This transfer is crucial for tracking raw material usage and ensuring accurate inventory levels.</p> <ul> <li><strong>Production Tracking:</strong> Materials consumed during production are automatically deducted from inventory, providing real-time visibility into stock levels.</li> <li><strong>Cost Allocation:</strong> Consumption records help in calculating the cost of goods manufactured, as the system tracks which materials are used for which Work Orders.</li> </ul> <p><strong>Use Case:</strong><br>Essential for manufacturing processes where raw materials are transformed into finished products, ensuring accurate cost and stock management.</p> <h3>Manufactured</h3> <p><strong>Description:</strong><br>When a Work Order is completed, the finished goods produced are added to inventory through a Manufacturing Transfer. This transfer records the increase in stock of finished goods.</p> <ul> <li><strong>Stock Addition:</strong> Finished goods are added to the inventory, with details such as batch number, quantity, and storage location.</li> <li><strong>Traceability:</strong> The system links the finished goods back to the raw materials consumed, maintaining a clear production history.</li> </ul> <p><strong>Use Case:</strong><br>Vital for adding completed products to your inventory after manufacturing, enabling you to track production output.</p> <h3>Sales Return / Re-inward</h3> <p><strong>Description:</strong><br>The Sales Return or Re-inward Transfer is used to re-add materials to stock. This can occur in several situations:</p> <ul> <li><strong>Client Returns:</strong> If a client returns materials, the system allows you to re-add the returned items back to inventory, ensuring accurate stock levels.</li> <li><strong>Production Returns:</strong> Materials that were issued to production but not used can be returned to stock. This helps in maintaining an accurate inventory of available materials.</li> </ul> <p><strong>Use Case:</strong><br>Useful for managing returns, whether from clients or from internal processes, and for maintaining correct inventory records.</p> <h3>Purchase Return</h3> <p><strong>Description:</strong><br>Purchase Return is used when you need to return materials to a supplier. This function is essential for managing returns of defective or excess stock.</p> <ul> <li><strong>Supplier Management:</strong> Track which materials are returned to which suppliers, ensuring proper documentation and accountability.</li> <li><strong>Inventory Adjustment:</strong> Automatically adjust your inventory levels when materials are returned, preventing discrepancies.</li> </ul> <p><strong>Use Case:</strong><br>Essential for managing supplier returns, ensuring that your inventory reflects only usable and accepted materials.</p> <h3>Batch Split</h3> <p><strong>Description:</strong><br>Batch Split allows you to divide an existing batch of material into smaller batches. This is typically used for repackaging or preparing materials for specific production runs.</p> <ul> <li><strong>Repackaging:</strong> Divide large batches into smaller, more manageable quantities for easier handling or specialized production processes.</li> <li><strong>Inventory Management:</strong> Maintain accurate records of batch sizes and ensure traceability for each split batch.</li> </ul> <p><strong>Use Case:</strong><br>Ideal for scenarios where materials need to be divided for different production lines or for repackaging into smaller units.</p> <h3>Batch Merge</h3> <p><strong>Description:</strong><br>Batch Merge is used to combine multiple batches of stock into a single batch. This is useful for consolidating similar materials or for simplifying inventory management.</p> <ul> <li><strong>Consolidation:</strong> Combine small or similar batches into a single larger batch, reducing the number of entries in your inventory.</li> <li><strong>Traceability:</strong> The system maintains a record of all merged batches, ensuring you can track the origin of the materials.</li> </ul> <p><strong>Use Case:</strong><br>Useful when managing multiple small batches of the same material, allowing for easier inventory tracking and management.</p>
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