Transfer to/from Project Inventory
Use this process to change the ownership of inventory between projects, and
between the standard inventory and project inventory. Although similar to the
Change Inventory Location scenario, this function only changes the project
belonging of the inventory on-hand, and does not physically move the stock
between locations.
Inventory can be categorized according to its ownership as Standard Inventory and Project Inventory. A given project can
own its project inventory, ensuring that the material acquired to its project cannot be issued to fulfill other demands, from another project
or from non-project related demands. This project pegging
distinguishes between what is project material and what is standard material.
Three transferring possibilities are available:
- Transfer from project inventory to standard
inventory:
This may be, for example, when a project has excess material that can be used
as standard inventory, or when you do not know which other projects will
require the part. This could also be performed before closing the project, when
the project is completed.
- Transfer from standard inventory to project
inventory:
This may be, for example, when a project has a use for the material that exists in
standard inventory, but the material needs to be handled as
project-specific inventory within the project.
- Transfer from one project inventory to another:
This may be, for example, when a project has excess material that can be used
in another project, either during the project's execution or when the
project is about to be completed.
The above transfers can be initiated from the
Inventory Part In Stock window according to either one of the following activities:
- Activity Transfer to Standard Inventory
(transferring possibility No.1)
- Activity Transfer to Project Inventory (transferring
possibility No. 2 and 3)