02 — Capability · BC-650
Inventory & Warehousing
Hold the right stock in the right place in the right quantity, know exactly what is on hand at any moment, and run the buildings that receive, store and ship it.
- Inventory Management
- Warehouse Operations
- Stock Control
- Distribution Center Operations
In scope
- Inventory policy — what to stock where, at what levels and in what classes
- Stock accuracy through counting, reconciliation and adjustment
- Warehouse processes from receipt and put-away through picking, packing and shipping
- Warehouse space, labor and equipment management
Out of scope
- Deciding replenishment quantities over the planning horizon (see BC-610)
- Carrying stock between sites and to customers (see BC-660)
- Accounting valuation of inventory (see BC-210)
Realized by · 2
- SAP S/4HANA · Supply Chainstrong via BC-650.20
- Oracle Fusion Cloud Applications · Supply Chain and Manufacturingstrong via BC-650.20
Used in · 6
- Procure-to-Pay · 04 Receive & Verify via BC-650.30
- Order-to-Fulfillment · 02 Promise via BC-650.10
- Order-to-Fulfillment · 03 Orchestrate & Allocate via BC-650.20
- Order-to-Fulfillment · 04 Pick, Pack & Ship via BC-650.40
- Plan-to-Produce · 03 Procure & Stage Materials via BC-650.30
- Plan-to-Produce · 06 Record & Book to Stock via BC-650.20
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 5
- BC-650.10Inventory Policy & OptimizationDecide how much of each item to hold at each location, and why, so service targets are met with the least capital tied up in stock.
- BC-650.20Inventory Accuracy & ControlMake the recorded quantity match the physical quantity closely enough that planning, promising and accounting can trust it without walking to the shelf.
- BC-650.30Inbound OperationsGet arriving goods off the truck, checked and into a known location fast enough that they are available to promise the same day.
- BC-650.40Outbound OperationsPick, pack and stage orders accurately and in the sequence the carriers and customers need, at the labor cost the budget allows.
- BC-650.50Warehouse Resource ManagementRun the warehouse as an operation — its space, people, equipment and processes — so capacity is known, labor is productive and the building stays safe and compliant.