Difference between revisions of "AE1211"

Latest revision as of 17:44, 23 February 2017

Raw Material Inventory - Unrestricted measures the amount of unrestricted RM Inventory at a given time at all locations included for reporting. Unrestricted implies the inventory is recorded as owned, current, in good order and available for immediately use.

Notes

Raw Material Inventory - Unrestricted may be reported by value or volume depending on purpose. Volume-based reports may overstate the importance of inventories of low-value materials. Value-based reports may understate the implications on the need for storage space or production activities needed to deplete the inventory.

For benchmarking purposes Raw Material Inventory - Unrestricted may be measured as a percentage of total RM Inventory (Unrestricted + Restricted + Blocked).

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Hierarchy

ID	Name	Level	x
AE121	Days of Raw Materials Inventory	3	AE121
AE1211	Raw Material Inventory - Unrestricted	4	AE1211

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