Physical Inventory in Warehouse (1FW)

In this process, you create physical inventory (PI) documents for a chosen number of storage bins or products on a regular basis to distribute the workload for physical inventory over the year. You perform the counting using a radio-frequency (RF) device or paper.

By posting the PI documents, you adjust the book inventory in the storage bins to align it with the physical inventory counts. To adjust the stock accounts, the system automatically posts all differences up to a certain value with a background job. At different points in the process, tolerance checks control the count results and final postings that adjust the stock situation. Along with this process, you monitor the progress of your physical inventory within the warehouse monitor.

Key Process Steps Covered

Create physical inventory documents
Alternative 1: Paper-Based counting
Print physical inventory documents
Enter count results from printout into system
Alternative 2: RF-Based counting
Enter count results into system (RF-device)
Monitor recount physical inventory documents (optional)
Post physical inventory documents
Post physical inventory differences
Review and post differences with difference analyzer

Benefits

Manage stock on a storage bin level
Establish an inventory counting process with a periodic physical counting approach
Support efficient examination of the stock situation in your warehouse
Enable RF-based or paper-based counting
Reduce inventory losses in the warehouse