How to Remove Inventory Parts with On-Hand Quantity in Stock

Hi ​@Indika99,

In IFS Applications, if you have inventory parts with on-hand quantity and you want to remove them from stock, there are a few standard options depending on your business rules and the reason for removal:

✅ Options to Remove On-Hand Inventory

1. Inventory Issue (Manual Issue)

   • Use the Inventory Issue functionality to manually issue the parts out of stock.
   • Commonly used when scrapping, consuming for internal use, or adjusting stock.
   • Navigate to:
     Inventory → Inventory Transactions → Inventory Issue

2. Scrap Transaction

   • If the parts are damaged or obsolete, you can perform a Scrap transaction.
   • This will reduce the on-hand quantity and record the reason for scrapping.
   • Navigate to:
     Inventory → Inventory Transactions → Scrap

3. Inventory Adjustment

   • Use Inventory Adjustment to correct stock levels.
   • This is typically used for discrepancies found during stock counts.
   • Navigate to:
     Inventory → Inventory Transactions → Inventory Adjustment

4. Return to Supplier

   • If the parts were received incorrectly or need to be returned, use Return Material functionality.
   • Navigate to:
     Purchasing → Return Material

5. Move to Non-Nettable Location

   • If you don’t want the parts to be considered for planning but still keep them physically, move them to a non-nettable location.
   • Navigate to:
     Inventory → Inventory Locations → Move Inventory

Hope this clarifies your question.

Cheers,

SN