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Inventory reservation by lot at early stage of a quote to cash cycle. — Cloud Customer Connect
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Inventory reservation by lot at early stage of a quote to cash cycle.

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edited Oct 8, 2019 9:50PM in Inventory Management 1 comment

Summary

Customer in Retail segment. In a Quote to Cash process, customer need to reserve inventory at lot level at the time of creating the quote. If the quote never became a SO, then inventory gets released

Content

Our retail customer scenario contemplate the inventory by lot reservation, when a quote is entered at transformed into a sales order, but the process can take many hours or even days.   Customer at the store pay in advance and pulled apart a specific inventory lot, however the sales order is not completed until the 100% is settled (but during that time the inventory should be reserved).  

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