Stock production

Stock Production

Stock production in myStock refers to the process of manufacturing or assembling goods within your organization’s facilities. This functionality allows users to manage the production of items using raw materials or components available in their inventory.

Here’s a simplified explanation of how stock production works in myStock:

1. Initiating Production Orders:

Users can initiate production orders within myStock to specify the items to be produced, the quantities required, and any other relevant details such as production deadlines and specifications.

2. Material Requirements Planning (MRP):

Before initiating production, myStock performs material requirements planning (MRP) to determine the availability of raw materials and components required for production. This ensures that there are sufficient materials in stock to fulfill the production orders without causing shortages or delays.

3. Completion and Stock Update:

Once the production orders are completed, myStock updates the inventory records to reflect the addition of the newly produced items. This ensures that the inventory reflects the accurate stock levels and availability of finished goods for sale or distribution.

4. Summary:

In summary, stock production in myStock enables organizations to efficiently manage the manufacturing process by initiating production orders, planning material requirements, and updating inventory records upon completion of production orders. This functionally streamlines production operations and ensures accurate inventory management within the system.