For items with costing methods that use actual cost as the valuation base (FIFO, LIFO, Average, or Specific), inventory increases are valued at the items acquisition cost. Average cost: Navigation – Modules > Cost management > Inventory accounting > Released products > Action pane > Manage Costs > Costing > Cost Object > Average unit cost. Standard cost:…
read moreIn Dynamics 365 Supply Chain Management, the primary identifier for a product is the product number (that is, the unique product ID). This number can be automatically generated by a number sequence or manually associated with a product. For product variants, the numbers can be defined through the product nomenclature template. In many cases, the…
read moreThe production of products, a process that is also known as the production life cycle, follows specific steps that are required to complete the manufacture of an item. The life cycle begins with the creation of the production order, batch order, or kanban. It ends with a finished, manufactured item that is ready for either…
read moreIn basic warehouse configurations where your location is set up to require pick processing but not ship processing, you use the Inventory Pick page to record and post pick and ship information for your outbound source documents. The outbound source document can be a sales order, purchase return order, outbound transfer order, or a production order with…
read moreYou can quarantine an item or a group of items. For example, you might want to quarantine items for quality control reasons. When you quarantine items, you can either create the quarantine orders manually or set up the system to create the quarantine orders automatically. A setup in which quarantine orders are created automatically is…
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