IFS Supply Chain - Inventory Replenishment
ABOUT THE COURSE
This course is a course towards gaining the IFS Certified Specialist - Functional accreditation. It enables students to cover and prepare all of the examination specification topics for the Inventory Replenishment exam.
Target Audience
Those who need to be able to identify and state the essential decisions to be made, basic data to be created and processes involved in the setting up of Inventory Management in support of IFS Inventory Replenishment Module in IFS Applications™.- Inventory Process Flow
- Part and Part Structure
- Warehouse Structure
- Inventory Transactions
- Goods Receipt and Quality Inspection
- Additional Basic Data and Requirements
- Stock Deviation
- Serial Tracking and Condition Codes
- Internal Requirements
- Counting
- Replenishment
- Inventory transactions and reportsInventory valuation
- Remote Warehouse
By the end of this course, students will be able to:
- Understand the process flows, and the connection of Inventory with other departments
- Demonstrate the part structure and the contents of the Inventory Part
- Demonstrate how to set-up additional basic data that is used in the Inventory flows
- Demonstrate how to set up a Warehouse Structure
- Demonstrate how to handle Inventory Transactions, such as Scrap and Move Parts
- Demonstrate how to Register Purchase Order Arrivals, Quality Inspection and Move the Goods to Inventory
- Demonstrate how to set up Dangerous Good Classification
- Handle Stock Deviations
- Handle Counting
- Handle Inventory Planning
- Describe basic Inventory Transactions
- Be aware of different Valuation Methods
- Demonstrate how to set up a Remote Warehouse
Knowledge: High-level knowledge of the Inventory business processes
Courses: IFS Fundamentals
Exams: IFS Fundamentals (recommended)
Courses: IFS Fundamentals
Exams: IFS Fundamentals (recommended)
Inquire
IFS Academy Inquiry Text
Track:
- Consultants
IFS Applications Version:
- IFS Applications 10
Certification:
- Specialist
Module:
- IFS Supply Chain