Cross-Site Inventory Visibility And Warehouse Transfers

Infor SyteLine ERP provides functionality for any location to enter a Transfer Order, which simultaneously creates a shipping order (like a sales order) at one location and a receiving order (like a purchase order) at another location. Inter-site and inter-warehouse transfers support both simple moves with items at cost and no-intransit tracking or full tracking and the option to move inventory at a profit. In the latter case, Transfer Orders create demand at the shipping location and pending supply at the receiving location, allowing for better inventory planning within and across sites. In addition, these transfers support the following features:

• Cross-referencing to Work Orders, Purchase Orders, and Customer Orders to show source of demand or supply
• The ability of the “From” site to use pricing formulas and record a profit on the transfer
• Tracking of the original cost and inter-company profit of the transferred item in the receiving company’s inventory and GL
• In-transit status and reconciliation of shipped quantities to received quantities
• Landed Cost, absorbing freight, duty, brokerage costs into inventory
• Lot and serial number traceability
• Shipping paperwork and Pro-Forma Invoices
• Multi-Currency support

Although a multi-site company can get by without multi-site transfer functions, by treating each site as customer or vendor to the other sites, the processing and reconciling of transactions can be very cumbersome. Without multi-site transfers, most ERP systems require the process of entering a Purchase Order + Sales Order + AP Invoice + AR Invoice + AP check generation + AR payment application + reconciliation of inter-company balances + elimination of inter-company transactions and profit in inventory. Infor SyteLine ERP efficiently automates this process by creating matching Transfer Orders in both entities and automating all the accounting.

Infor SyteLine ERP: Transfer Orders