Comments
Companies that do project manufacturing need to keep track of the physical inventory even though the cost of the purchase is recorded towards the project. As a workaround, instead the project purchase is created from a planned order from master scheduling (coming from the project item forecast for the parent item), there is no way for the receiving/inventory people to know that that particular purchase item is for a particular project. It becomes especially challenging when the company works in FIFO cost method. They need to get the purchase cost and the item batch/lot number for that particular purchase to the specific project. There needs to be a flag to allow for tracking the physical inventory that is purchased for a project.
Category: Project Resource Management