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Kit Inventory Report
Kit Inventory Report

Provides insights into Kit-to-Stock and Kit-to-Order products for efficient inventory management and timely order fulfillment.

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Written by Stephanie Kelley
Updated over 5 months ago

Definition

The Kit Inventory Report is designed to provide detailed insights into kit products within the inventory. Kit products can be categorized into two types: Kit-to-Stock and Kit-to-Order. Kit-to-Stock products physically exist in the inventory, whereas Kit-to-Order products are assembled on-demand and do not physically exist in the inventory until ordered.

To get more detailed information about kit-to-order products, you may check this article: Kit-to-Order Product Creation

How is it useful?

This report is essential for inventory management, enabling businesses to track and manage their kit products effectively. It helps in:

  • Determining the availability of components needed to assemble kits.

  • Managing inventory levels for both Kit-to-Stock and Kit-to-Order products.

  • Ensuring timely fulfillment of orders by monitoring pending order quantities.

  • Optimizing the production and assembly processes based on available resources and inventory.

How does it work?

The report is a real-time report. Any inventory level change and the stock transfer will affect this report simultaneously.

The report distinguishes between Kit-to-Stock and Kit-to-Order products, providing calculations for inventory capacity and kitting requirements based on available components and existing inventory. This helps in efficient inventory management and timely order fulfillment.

Column Explanations

Field

Description

SKU

The Stock Keeping Unit, a unique identifier for each kit product.

Product Name

The name of the kit product.

Product Barcode

The barcode associated with the kit product.

Kit Type

Indicates whether the kit is a Kit-to-Stock or Kit-to-Order.

Pack Type Name

The type of packaging used for the kit product.

Client

The client associated with the kit product.

Warehouse

The warehouse where the kit product is stored or assembled.

Product Group

The group or category the kit product belongs to.

Product Type

The type of product, further classifying the kit product.

Total Inventory Capacity

  • Kit-to-Order: The number of Kit-to-Order products that can be produced from the total quantity of components.

  • Kit-to-Stock: The total number of Kit-to-Stock products that can be produced from the toal quantity of components plus the existing KS inventory.

Net Kitting Capacity

  • Kit-to-Order: The number of Kit-to-Order products that can be produced from the available components.

  • Kit-to-Stock: The number of Kit-to-Stock products that can be produced from the available components.

Pending Order Quantity

The amount required for non-shipped sales orders (SOs) for both Kit-to-Order and Kit-to-Stock products.

Current Inventory Quantity

  • Kit-to-Order: Irrelevant and always zero.

  • Kit-to-Stock: The existing inventory of Kit-to-Stock products

Required Kitting Quantity

  • Kit-to-Order: Always equals to Pending Order Quantity (as Kit-to-Order Products cannot physically exist in the inventory)

  • Kit-to-Stock: Calculated as the difference between the open SO quantity and the existing inventory.

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