Difference between revisions of "Generic Stock"

Revision as of 03:21, 5 October 2017

Generic Stock is a term describing inventory that is not dedicated to a specific order. Typically this inventory was put in place based on an aggregated demand signal (which may or may not consist of customer orders). See Make-to-Stock.

Products in generic stock are products that are recorded and processed by item number only. Product remains generic until assigned or allocated to a specific customer order. Typically this happens when product is absorbed in another product (Make) or when it is picked, packed and shipped (Deliver).

Alternative names include: Unrestricted Stock.

The opposite of Generic Stock is Sales Order Stock.