Products and SKUs
Store SKU, barcode, brand, category, unit of measure, selling price, cost, stock level, minimum stock level and accounting mappings on the product.
A stock number by itself is rarely enough to make the next purchasing decision. Buyers need to know what is already on order, what the supplier delivered, what was damaged, how much the product cost and whether the product is actually selling.
Lynka keeps the product, supplier, purchase order, goods receipt and stock movement connected so each quantity has a reason behind it.
Several suppliers per product
Keep supplier-specific SKU, buying price, currency, lead time, minimum order quantity and preferred-supplier status for the same product.
Purchase orders
Record ordered quantity, received quantity, buying cost, currency, expected date, freight and payment terms while the supplier order remains open.
Receiving with exceptions
Record accepted, damaged and on-hold quantities on a delivery instead of treating everything that arrived as available stock.
Receiving is where the purchase order meets the warehouse. Lynka records the physical delivery separately so ordered quantity does not become stock until a posted receipt says what was actually accepted.
Stock movements
Every adjustment, receipt or outbound movement can carry a reason, reference and source so quantity changes are explainable later.
Stock control gets difficult when one number has to mean everything. On-hand quantity, available stock, incoming supply and slow-moving inventory answer different questions, so Lynka keeps them as different views.
Weighted product cost
Posted goods receipts can update the product cost using the received quantity and trustworthy base-currency cost information.
Counting units answers what is physically there. Valuation asks how much money is tied up in those units and what happens to that cost when the product is sold.
Questions about Inventory
How does Lynka handle a product bought from several suppliers?
Yes. Supplier relationships can keep separate vendor SKU, price, currency, lead time, minimum order quantity and preferred status for the same product.