A business that uses a commodity item in manufacturing may purchase it from more than one vendor. Although each purchase is separately loaded onto the delivery vehicle at the vendor's location, it typically becomes interchangeable with the other units of the commodity stored in the vehicle. For example, if the commodity is a liquid and each purchase is added to a tanker truck that already contains a quantity of the item, the new quantity and the existing quantity immediately intermingle and become indistinguishable from one another. As a result, a single quantity of the commodity is received into inventory, rather than a separate receipt for each vendor.
The commodity manifest functionality lets companies receive commodities in this manner by giving you the ability to enter several purchases as part of a single receipt. When a commodity manifest is posted, the purchased quantities entered for each vendor are combined into one amount. Purchase documents are also generated for each vendor on the manifest.
The following table describes a sequence of activities, with links to the topics that describe them. These activities are listed in the order in which they are generally performed.
To | See |
|---|---|
Learn how commodity manifests are used to receive purchased commodities into a warehouse location. | |
Receive several purchases for a commodity as part of a single warehouse activity, and generate related purchase orders. |