Master Class
Essential Product Knowledge
Summary
The ‘Manage Inventory’ section of the V5 Control Center allows users to view stock levels of all commodities that are entered into V5 Traceability. Individual lots of commodities can also be viewed, along with their associated containers. Non-palletized items can be adjusted and added here, whereas palletized items cannot, they can only be zero’d. For further information on inventory management of non-palletized commodities, click here. A guide to managing pallets and their contents is also available here.
Control Center Overview
The ‘Manage Inventory’ section can be found under the ‘Inventory’ header in Control Center.
This section is made up of 3 panels:
- Top (yellow) panel: A full list of all commodities contained within the system can be viewed here, along with stock levels and other information.
- Bottom left (red) panel: Shows a list of lots for the commodity highlighted in the top panel.
- Bottom right (blue) panel: Shows a list of Inventory Pallets associated with the lot selected in the bottom left panel. This only applies to items which are marked as palletized in ‘Commodities’ or ‘Formulas’.
Column Help – Top Panel
Commodity Code
The commodity code of the commodity.
Description
The description of the commodity.
Type
The type of commodity we are dealing with (Ingredient/Packaging/Formula).
Unit
The Unit of Measure that the commodity is received in. All of the above are populated from ‘Commodities’ and cannot be changed here.
In Stock
How much (weight) of the commodity is currently in stock.
Total Value
Total value of the in-stock commodity.
Warning Level
The weight that the in-stock amount must reach to trigger a stock warning. Once this happens, stock levels will show as red on reports. This can also be used to trigger a warning on batching on a per-lot basis as per cleardown threshold (set either in ‘Commodities’ or ‘Formulas’).
Total to Warning
How much of the commodity is left in stock before a stock warning is triggered.
Column Help – Bottom Left Panel
Lot Number
The lot number assigned when the commodity was produced or received.
Supplier Lot No
If a received commodity, this will be populated by the lot number issued by the supplier. Could also be a custom batch number of a produced good.
Supplier
The supplier code of the selected lot.
Expiry
The expiry date of the lot.
Location
The physical location of the lot.
Weight Received
The weight of the commodity originally received.
Date Received
The date the lot was received/produced if an in-house lot.
Cost
The cost (per unit) of the selected lot.
On Hand
The weight of the commodity still in stock (i.e. not already consumed in formula production).
Total Value
The total value of the On Hand stock.
Supplier Name
The name of the supplier of the selected lot.
Manufacture Date
When the lot was manufactured.
LPN
License Plate Number used to uniquely identify the lot’s pallet. Redundant when dealing with palletized goods.
Receipt Tare
The tare value (if present) when the lot was weighed on receipt.
Column Help – Bottom Right Panel
Pallet
The pallet number assigned by the system when the pallet is created. Only used for Inventory Pallets.
Quantity
The weight of the selected lot on that specific pallet.
Serial
Serial number of the lot on the pallet (if a serialized product).
Location
The physical stock location of the pallet.
