Inventory Overview
Understanding inventory management in Numera
Inventory Management Overview
Numera provides comprehensive inventory management to track stock across multiple warehouses and locations.
Key Concepts
- Warehouses - Physical storage facilities
- Locations - Specific areas within warehouses
- Stock Keeping Units (SKU) - Unique product identifiers
- Batches/Lots - Grouped inventory for traceability
Stock Visibility
View inventory status at any time:
- Available stock (free to sell)
- Reserved stock (allocated to orders)
- On-order stock (expected from suppliers)
- Total stock on hand
Inventory Valuation
Multiple valuation methods supported:
- FIFO (First In, First Out)
- Weighted Average Cost
- Standard Cost