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  • Subject: Re: x-ing negative inventory balances
  • From: gcrane@xxxxxxxxxxxxxxx
  • Date: Thu, 14 Jun 2001 07:50:01 -0400



There is no easy solution.  Has anyone investigated what is causing the negative
balances?  Is it the timing of the transaction processing?  Are you doing batch
processing of receipts at the end of the day and shipment (issues) all during
the day?  Many times it can be simple timing.

Are the inventory handlers counting or weighing?  If weighing, are the scales
calibrated?    Are you doing physical inventories or cycle counting?

All these contribute to inventory accuracy.  I would ask the finance manager
what he proposes in regard to these business issues.  Good Luck!

In your company, just who is responsible for Inventory counts.  Is this clearly
defined?  And then, is that person held accountable?






"McCready, Joan" <Joan.McCready@metaltekint.com> on 06/12/2001 01:38:48 PM

Please respond to MAPICS-L@midrange.com

To:   "MAPICS-List (E-mail)" <MAPICS-L@midrange.com>
cc:    (bcc: Gail L Crane/Johanson/JMC)

Subject:  x-ing negative inventory balances



To the group -

My boss (Dir of Finance) is fed up with negative inventory balances at the
end of the month, and is ready to have me "throw the switch" to not allow
negative inventory.

My question is - what happens to the labor transactions (PMC) when we do
this, and the items issued would cause neg. inventory? Does the transaction
just sit there in error until adequate inventory is received? Any other
implications I need to know about??

I need your responses quickly - next Friday is my boss's last day at the
company, and he is tying up loose ends quickly.  BTW, he just "grinned" when
I pointed out that I'll be the one who gets yelled at when we can't ship
product we haven't "manufactured" yet on the last day of the month!
(grrrrrrrrrr.......)  Can I lock out RM and IP inventory transactions for my
shipping clerk without keeping her from processing shipments correctly
(through COM)??? (She'll just go in and "receive" the MO items so she can
print the shipping papers!)

   Thanks as always  -- Joan

Joan McCready, IS Manager      phone:  636-479-4499
MetalTek International               fax:  636-479-3399
The Carondelet Division             www.metaltekint.com
8600 Commercial Blvd
Pevely, MO  63070

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