Monday, November 16, 2009

Inventory Interview Questions

1) In organization setup, there is a field called "internal/external" and is set to internal by default. What is the difference between internal and external orgs?

- You cannot assign people to an external organization. Examples of external organizations that may require entry are disability organizations, benefits carriers, insurance carriers, organizations that employees name as beneficiaries of certain employee benefits, and organizations that are recipients of third party payments from employees' pay.

2) What is LPN? (Organization setup screen)
- LPN - License plate numbers, these are unique identifications method in Warehouse Management Module.


3) In min-max planning report, I found that re-order quantity was greater than max order quantity (request id 4403463). Shouldn't it be lesser than the max order qty?
- It depends on if you have give both min and max values, if you have specified both min/max values and given a reorder qty, your reorder will be > max.

4) What is the next step after re-order qty is calculated by min-max planning report? How is replenishment done?
- Re-run the min-max planning and set the Re-stock Parameter = 'Yes', this will trigger an internal requisition in Purchasing.

5) I tried running re-order point planning report. The request has a parameter called forecast. I wasn't sure of what needs to be entered there.
- You can create forecast rules either from Inventory or from MRP and assign a forecast rule to Re-order point planning.

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