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Transfer of material to a new part number

  • 28 March 2022
  • 2 replies
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Userlevel 5
Badge +9

Afternoon, 

we are using IFS APPs 10 and are creating new parts number for an existing paint system but wanted to know the cleanest way to transfer the existing material on stock from the old part number to the new part number while keeping traceability?

the reason for the change in part number is because we need to use a different unit of measure, as we purchase a product in Litres which is sold in KG, convert into Litres and receive the stock, operators have to mix the product by weight (KG) and then issue in Litres. This can become very confusing and cause stock accuracy discrepancies.

regards

Jamie 

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Best answer by ShawnBerk 28 March 2022, 16:13

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2 replies

Userlevel 7
Badge +28

Create the new part number and set it up to be costed correctly.

You should first create a Financial Project to reference for this stock conversion that is used during the stock conversion.

Then use Issue Inventory Part to issue the existing inventory to the project to clear it to zero QOH.  The old number then should be blocked from use.

As the final step, use Receive Inventory Part to receive the equivalent quantity back into inventory under the new part number but referencing the same project so financially it will balance.

Userlevel 5
Badge +9

Hi @ShawnBerk thanks for the advice, it has worked great!

regards

Jamie