Definition

The Kit Component Inventory Availability Report is designed to monitor the inventory levels and reorder requirements of components used in kit products. This report provides a comprehensive view of component availability, ensuring efficient inventory management and timely reordering.

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:

Tracking the inventory levels of components used in kit products.
Identifying reorder requirements to prevent stockouts.
Ensuring the availability of components for assembling kit products.
Optimizing inventory management by monitoring component demand and supply.

How does it work?

The Kit Component Inventory Availability Report compiles data on component products, offering insights into their inventory status.

This report includes key fields that track component details, demand, and availability. It helps in determining the total quantity of components required based on open sales orders and the inventory on hand.

The report calculates the available inventory by considering both current stock levels and demand from open orders. Additionally, it identifies the reorder quantity needed to maintain sufficient inventory levels, ensuring components are available for assembling kits and preventing stockouts.

Column Explanations

Below are explanations for each column, including the calculation logic for the calculation columns:

Field	Description
Component Product Name	The name of the component used in kit products.
Product Type	The type of the component product.
Product Group	The group or category the component product belongs to.
Included Kits	Lists the kits that include this component.
Total Order Quantity	Represents the total quantity of the component needed to fulfill open sales orders Calculated as the sum of the component needed for open sales orders plus the component quantity needed for Kit-to-Stock products
Total Inventory Quantity	The total inventory of the component.
Total Available Inventory Quantity	Represents the quantity of the component that is available for use after accounting for current demand. Calculated as the total inventory of the component minus the difference between the total order quantity and the physical inventory of kit-to-stock (KTS) components."
Reorder Quantity	If the available inventory quantity is less than or equal to zero, it indicates the reorder quantity required to meet the demand.

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