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Inventory is an item referential and it also allows stock replenishment.
There is no ‘standard’ flow for using Inventory.
You will find all setup instructions in document that Vinod Subramanian sent to you. I mean : Organization definition, Item definition, Subinventory definition, Stock definition …
Basic steps for item creation :
- check the pre-requisites (organization must be defined …). You must have at least one master organization (it is your item referential). Item type must exist. You have to define at which level (Master or Organization ) item attributes are defined …
- Then you create your item in the Master organization.
- After that, you can assign item to one or several organization
Then, Inventory management depends on the business of your company : do you manage stored items or not; if yes, how do you manage replenishment ? ….
If you need more help, please ask precise questions and you will get all information you need.