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Stock Process
Manage your stock movements: count parts, scrap parts, adjust quantity, move inventory...
Scrapping a Part from the Stock
Remove stock from one location for Scrap reason. This part can be broken, obsolete...

Stock Process
Manage your stock movements: count parts, scrap parts, adjust quantity, move inventory...
- Inventory Locations
  This topic lists the references of IFS Cloud inventory locations.
- Shop Order
  A shop order is the action to build a product or a batch of product in IFS Cloud. It can include consumption of materials and operations: time and tasks. Some products cannot be purchased and must be built.
- Creating a New Material Requisition
  Consume stock for internal use.
- Adding a New Quantity for an Inventory Part
  Change the existing stock: add a new quantity to the stock.
- Removing a Quantity from an Inventory Part
  If for an unknown reason, you have more inventory parts counted in IFS Cloud than in your existing stock, you need to remove a quantity from the stock in IFS Cloud.
- Changing a Part Serial Number
  You can edit the serial number of a part in your stock if you notice it is wrong.
- Counting Reports
  Create a report to count the number of specific items or all items in a location, warehouse or company.
- Scrapping a Part from the Stock
  Remove stock from one location for Scrap reason. This part can be broken, obsolete...
- Moving Inventory Part
  Move stock from one location to another.
- Stock Reorder
  Planning methods in IFS Cloud are used to define the way we manage the reordering of parts. It helps to ensure a correct stock management and correct reorder process.
- Statistics and Reporting

Scrapping a Part from the Stock

Remove stock from one location for Scrap reason. This part can be broken, obsolete...

Attention:

This process impacts your stock quantity and value in accounting.

Go to Warehouse Management > Quantity in Stock > Inventory Parts in Stock.
To display the list of items available in stock:
1. If not displayed, click Filter > More and select On Hand Qty
2. Set the On Hand Qty filter to > 0.
Click the three dots on the line you want to focus on and click Scrap.

If you cannot see the Scrap field, it means that your part is used in another action and you cannot scrap it. E.g.: being currently part of a count report.
Insert the Total quantity to Scrap, a Scrapping Cause and add a Note to justify the stock movement. Then, click OK.

You can now find your movement information on the page Inventory Transactions History.