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What are new items?
What are new items?
Ruvisha Pillay avatar
Written by Ruvisha Pillay
Updated over 3 months ago

Items are classified as New if they are Stocked, have stock on hand or stock on order but currently have an unclear purpose.

New items:

  • Have no forecast

  • No minimum stock level

  • Do not supply other locations

  • Are not used to produce other items

  • Have an age less than or equal to 12

Because these items have limited sales history and forecast information available to them, the app cannot allocate these to a more suitable stock status. Items can be removed from this list by taking appropriate action based on the situation.

Here are some actions you may want to consider:

  • If you do not want to keep this item in stock, make it non-stocked or obsolete.

  • If it replaces another item, link it to the old item in a supersession.

  • Add a manual forecast based on your sales expectation if it is brand new at this location.

  • Add the item to the bill of materials (BOM) if it is a component.

  • Set the source of supply at sub-locations to the distribution center (DC), if the item is purchased centrally.

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