6. Inventory

Inventory is the heart of your business. It can be really complicated, but with Kiu BMP, doing a receipt or a delivery has never been easier. We will show you in this document how easy to do a full process, from the receipt to the delivery.

Kiu BMP inventory is fully integrated with other applications, such as Purchase, Sales or Inventory. But is not limited to those processes, it is also fully integrated with our e-Commerce, Manufacturing and Repairs applications.

6.1. Inventory Process from procurement to delivery
6.1.1. How to process a receipt?
6.1.2. How to process a delivery?
6.1.3. Advanced flows

6.2. Settings – Products
6.2.1. How to use different units of measure?
6.2.2. Using product variants
6.2.3. When should you use packages, units of measure or kits?
6.2.4. How to use packages?

6.3. Setting – Warehouses
6.3.1. What is the difference between warehouses and locations?
6.3.2. How to create a new warehouse?
6.3.3. How to create a new location?
6.3.4. How to make the initial inventory?
6.3.5. How to choose between minimum stock rule and make to order?

6.4. Delivery Orders
6.4.1. How to choose the right inventory flow to handle delivery orders?
6.4.2. How to process delivery orders in one step (shipping)?
6.4.3. How to process delivery orders in two steps (pick + ship)?
6.4.4. How to process delivery orders in three steps (pick + pack + ship)?
6.4.5. How is the scheduled delivery date computed?
6.4.6. How to send products to customers directly from suppliers (drop-shipping)?
6.4.7. How to change the packaging type for your sale order?
6.4.8. How to cancel a delivery order?

6.5. Miscellaneous Operations
6.5.1. How to scrap products?
6.5.2. How to manage stock that you don’t own?
6.5.3. How to configure and run schedulers?

6.6. Lots and Serial Numbers
6.6.1. What’s the difference between lots and serial numbers?
6.6.2. How to work with serial numbers?
6.6.3. How to manage lots of identical products?

6.7. Valuation Methods
6.7.1. Overview
6.7.2. How to do an inventory valuation? (Continental Accounting)
6.7.3. How to do an inventory valuation? (Anglo-Saxon Accounting)

6.8. Shipping
6.8.1. How to set up a delivery method?
6.8.2. How to invoice the shipping cost to the customer?

6.9. Advanced Routes 
6.9.1. How to use routes?
6.9.2. Make-to-Order Route
6.9.3. What is a procurement rule?
6.9.4. What is a push rule?
6.9.5. How to do inter-warehouses transfers?
6.9.6. What is a putaway strategy?
6.9.7. What is a removal strategy (FIFO, LIFO, and FEFO)?

6.10. Other FAQ in practising
6.10.1. How to process Raw Material to Manufacture
6.10.2. How to integrate landed costs in the cost of the product?