Inventory Rel 9.1

There is a focus on implementation considerations for PeopleSoft Inventory throughout this course, along with setting up item definitions, stocking material, maintaining warehouse stock, fulfilling demand, managing shipments, recording costs for inventory transactions, replenishing stock, counting inventory stock, transferring stock, and managing par locations.

In this course, you learn to efficiently manage and accurately report on inventory stock. The course provides plenty of hands-on exercises to discover how to design an inventory management structure and keep track of inventory movement.

Learn To:

• Set up your inventory system
• Receive stock into PeopleSoft Inventory
• Perform inventory maintenance
• Ship stock using demand fulfillment
• Perform counts of inventory stock
• Transfer stock between business units

A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Audience

• Functional Implementer
• End Users

Course Topics Business Process Overview

• Describing Business Processes That Include PeopleSoft Inventory
• Describing PeopleSoft Inventory Features and Functions
• Describing PeopleSoft Inventory Integration Points within PeopleSoft
• Describing Sources of Information about PeopleSoft Inventory

Setting Up Basic Options

• Setting Up Installation Options
• Setting Up Common Definitions
• Using the Events and Notifications Framework

Setting Up Inventory Business Units

• Describing PeopleSoft Business Units
• Classifying PeopleSoft Inventory Business Units
• Setting Up PeopleSoft Inventory Business Units
• Setting Up Business Unit Closure Calendars

Setting Up Inventory Facilities

• Describing the Structure of Inventory Facilities
• Setting Up Material Storage Locations (MSLs)
• Describing Storage Zones

Setting Up PeopleSoft Cost Management

• Describing the Cost Flow
• Setting Up the Cost Structure
• Setting Up Transaction Accounting Rules
• Describing PeopleSoft Cost Management Processes

Setting Up Inventory Items

• Setting Up Item Control Options
• Setting Up Items
• Setting Up Items for a Business Unit
• Using Item Templates
• Loading and Copying Items
• Performing Item Maintenance

Stocking Material (Putaway)

• Describing Putaway Options
• Setting Up Putaway Options
• Performing the Multi-Step Putaway Process
• Viewing Inventory Balances
• Performing an Express Putaway
• Receiving Items from PeopleSoft Purchasing

Maintaining Inventory

• Maintaining Lot-Controlled Items
• Maintaining Storage Containers
• Maintaining Item Status
• Performing Inventory Adjustments
• Performing Inventory Transfers
• Analyzing Inventory

Setting Up Demand Fulfillment

• Describing Sources of Demand
• Describing Demand Line States
• Describing Demand Fulfillment Methods
• Setting Up Demand Fulfillment Options for the Business Unit
• Setting Up Demand Fulfillment Options for Individual Items

Creating Stock Requests

• Understanding Orders in Demand Fulfillment
• Creating Material Stock Requests
• Creating Material Stock Requests from a Third-Party System
• Managing Material Stock Requests

Reserving Stock for Shipment

• Discussing Reservation Terminology
• Describing Reservation Options
• Setting Up Reservation and Backorder Rules
• Using the Reserve Materials Process
• Using the Online Reservation Process
• Pre-Allocating Demand
• Using the Shortage Workbench

Picking Stock for Shipment

• Describing Order Release and Picking Options
• Using the Order Release Request Process
• Using the Picking Feedback and Confirmations

Shipping Stock

• Describing Shipping Options
• Using the Shipping/Issues Component
• Using the Express Issue Component
• Using the Deplete On Hand Quantity Requests Process
• Describing Shipping Documents

Using Auto and Direct Processing in Demand Fulfillment

• Utilizing Direct and Auto Processing
• Using Auto Processing
• Understanding Direct Processing
• Using Direct Processing with Ship Request Process Pages
• Using Direct Processing with the Fulfillment Workbench
• Using Direct Processing with EIPs
• Processing Transaction Requests

Using Advanced Features in Demand Fulfillment

• Deferring Depletions
• Using the Undo Fulfillment Feature
• Using the Delivery Management Feature
• Receiving Freight Calculations from Third-Party Providers

Recording Accounting Transactions

• Reviewing the Cost Flow Process
• Creating Accounting Transactions

Replenishing Stock

• Describing the Replenishment Process
• Setting Up Replenishment Options
• Performing the Replenishment Process

Counting Inventory Stock

• Describing the Physical Counting Process
• Setting Up Utilization Types for Cycle Counts
• Setting Up Counting Events
• Performing Counting Events

Transferring Stock Between Business Units

• Setting Up Basic Parameters for Interunit Transfers
• Setting Up Transfer Pricing
• Performing Interunit Transfers
• Describing Interunit Expense Issues

Managing Par Locations

• Describing the Par Location Process
• Setting Up Par Location Options
• Replenishing Par Locations
• Maintaining Par Locations
• Describing Material Usage

Course Objectives

• Identify the basic features and functions of PeopleSoft Inventory
• Define PeopleSoft Inventory setup
• Describe the stocking process
• Describe inventory maintenance options
• Describe demand fulfillment
• Describe the replenishment process
• Describe the physical counting process
• Describe par location options
• Using PeopleSoft Cost Management
• Maintaining item definitions
• Transferring stock