Dynamic Stock Reservation: Optimizing Inventory for Sales Orders

Overview
The Stock Reservation Module introduces a streamlined approach to reserving inventory for Sales Orders. By enabling both manual and automatic reservation options, the module ensures accurate visibility of available stock, minimizes over-commitments, and prevents stock-outs during critical operations.

This functionality is pivotal for businesses to maintain seamless order processing and inventory control, ultimately enhancing operational efficiency.

Key Features:-
Types of Stock Reservation

1. Manual Reservation:
   Users can manually select and reserve stock for a Sales Order. This option provides flexibility and control when handling specific or priority orders.

2. Automatic Reservation:
   The system intelligently reserves stock based on:

   • Inventory Location
   • Available Quantity (after accounting for existing reservations)
     This ensures that stock is allocated systematically, reducing the risk of errors and conflicts.

Post-Reservation Functionality

• Once stock is reserved, all forms displaying Qty Available/In Hand will reflect the nett quantity (physical stock minus reserved stock).
• Impact:
  • Prevents the sale, transfer, or delivery of items if there is no nett stock available.
  • Operations proceed without restrictions if sufficient nett stock remains after reservations.

Stock Reservation Management

• Automatic Release for Canceled Sales Orders:
  If a Sales Order is canceled, the system will automatically release the stock reservation, making it available for other operations.
• Manual Management:
  Users can manually reserve or unreserve stock directly from the Sales Order module, allowing flexibility to adapt to real-time changes.

Benefits

• Enhanced inventory visibility and control.
• Reduced risk of over-committing stock.
• Improved order fulfillment accuracy.
• Scalability for future integration across modules.

This Stock Reservation Module lays the foundation for robust inventory management and is poised for further enhancements as business requirements grow.