INVENTORY & ASSETS
Know what is available, allocated, consumed and returnable
Project organizations need to distinguish consumable stock from reusable tools, machinery and other assets while preserving project accountability.
Inventory lifecycle
ReceiveInspectStoreAllocateIssueReturnReconcile
Core controls
- Item coding and units of measure.
- Stock/project ownership and storage location.
- Reserved, available and on-order quantities.
- Issue and return traceability.
- Minimum stock and replenishment logic where appropriate.
- Asset custodian, condition, calibration and maintenance status.
Explore a working ERP platform
See these workflows applied in a project-focused business system.
