net Inventory Processor™ manages unit level stock inventories as well as perpetual summary inventories. net Inventory Processor™ receives inventory event requests primarily from net PO+™, net Customer Link™, net Scheduler™, and net Distribution Handler™ to receive inventory against open orders; allocate available inventory to sales orders; issue direct material to manufacturing orders; handle customer and work in process returns; re-pack non-consumed inventory; transfer inventory to off-site locations; and ship inventory to customers.

     net Inventory Processor™ immediately processes the events and recalculates on-hand stock as well as summary inventory available. On-hand stock is the summary of all tangible units non-committed and available for utilization. Summary inventory available is the calculation of on-hand stock plus scheduled receipts (both open purchase orders not received and/or manufacturing orders in process), minus any reservation and allocations (against sales orders and/or manufacturing orders).

BUSINESS FUNCTIONS
Integration with Other net collection™ products
Unit Inventory Structures
Summary Inventory Processor
Summary Inventory Structures
Summary Period-End Roll Forward
Inventory Valuations/Listings

   net Inventory Processor™ captures the origin of all events and commits the user, work station, program, quantity, date time, etc. to a data warehouse and is available for analysis or troubleshooting. It also summarizes the events within a fiscal period, such as production, receipts, issues, consumption, transfers, and adjustments providing the user with on-line visibility of the true inventory position.

     net Inventory Processor™ maintains the inventory by corporation, division, plant, owner, product, lot, container, and put-up so the “user-views” explicitly outline availability. Inventory is an important asset and net Inventory Processor™ provides management the visibility necessary to make strategic enterprise decisions.