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[IMP] Inventory: Updating LIFO removal strategy
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content/applications/inventory_and_mrp/inventory/shipping_receiving/removal_strategies/lifo.rst

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@@ -10,21 +10,53 @@ transfer is created for the lot/serial number that has most recently entered the
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lot/serial number that entered the warehouse's inventory).
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.. seealso::
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:doc:`About removal strategies <../removal_strategies>`
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:doc:`Removal strategies <../removal_strategies>`
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.. warning::
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In many countries, the :abbr:`LIFO (Last In, First Out)` removal strategy is banned, since it can
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potentially result in old, expired, or obsolete products being delivered to customers.
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Consider the following example, with the product, `Cinder Block`, which is tracked :guilabel:`By
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Lots` in the :guilabel:`Inventory` tab of the product form. The :guilabel:`Force Removal Strategy`
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for the cinder block's product category is set to :guilabel:`Last In, First Out (LIFO)`.
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.. _inventory/warehouses_storage/lifo_enable:
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Enabling the LIFO removal strategy
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==================================
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Lots and serial numbers differentiate identical products and track information like arrival or
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expiration dates. To enable this feature, navigate to :menuselection:`Inventory --> Configuration
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--> Settings`. Under the :guilabel:`Traceability` section, check the box beside :guilabel:`Lots &
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Serial Numbers` to enable the feature.
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.. image:: lifo/enable-lots-serial-numbers.png
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:alt: Enable Lots & Serial Numbers in the Inventory settings.
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Next, ensure the intended product is tracked by lots or serial numbers by navigating to the product
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form through :menuselection:`Inventory --> Products --> Products` and selecting the desired product.
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On the product form, open the :guilabel:`General Information` tab and select the check box next to
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the :guilabel:`Track Inventory` field, then select either :guilabel:`By Unique Serial Number` or
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:guilabel:`By Lots`.
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.. image:: lifo/track-by-serial-number.png
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:alt: Enable tracking by serial number.
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After enabling the features, assign lot or serial numbers to products using an :doc:`inventory
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adjustment <../../warehouses_storage/inventory_management/count_products>` or during :ref:`product
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reception <inventory/product_management/assign-lots>`.
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Finally, :ref:`set the removal strategy on the product category or storage location
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<inventory/warehouses_storage/removal-config>`.
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.. seealso::
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- :ref:`Set up force removal strategy <inventory/warehouses_storage/removal-config>`
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- :ref:`Enable lots tracking <inventory/warehouses_storage/lots-setup>`
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- :ref:`Check arrival date <inventory/warehouses_storage/arrival_date>`
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Workflow
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========
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Consider the following example, with the product, `Cinder Block`, which is tracked :guilabel:`By
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Lots` in the :guilabel:`General Information` tab of the product form. The :guilabel:`Force Removal
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Strategy` for the cinder block's product category is set to :guilabel:`Last In, First Out (LIFO)`.
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The following table represents the cinder blocks in stock, and their various lot number details.
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.. list-table::
@@ -49,17 +81,20 @@ for seven cinder blocks by navigating to the :menuselection:`Sales app` and crea
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quotation.
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:guilabel:`Confirm` the sales order to create a delivery order. Doing so reserves the newest lot
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numbers are using the :abbr:`LIFO (Last In, First Out)` removal strategy.
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numbers using the :abbr:`LIFO (Last In, First Out)` removal strategy.
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To view the detailed pickings, click the :guilabel:`Details` link, located on the far-right of the
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cinder block's product line in the :guilabel:`Operations` tab of the delivery order.
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.. image:: lifo/details-link.png
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:alt: Find the Details link in the Operations tab of the delivery order.
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To view the detailed pickings, click the :guilabel:`⦙≣ (bulleted list)` icon, located on the
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far-right of the cinder block's product line in the :guilabel:`Operations` tab of the delivery
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order. Doing so opens the :guilabel:`Open: Stock move` pop-up window.
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Clicking the :guilabel:`Details` link opens the :guilabel:`Detailed Operations` pop-up window.
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In the :guilabel:`Open: Stock move` pop-up window, the :guilabel:`Pick from` field displays where
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In the :guilabel:`Detailed Operations` pop-up window, the :guilabel:`Pick From` field displays where
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the quantities to fulfill the :guilabel:`Demand` are picked from. Since the order demanded seven
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cinder blocks, the newest cinder blocks from `LOT3` are selected, using the :abbr:`LIFO (Last In,
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First Out)` removal strategy.
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.. image:: lifo/cinder-block-picking.png
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:align: center
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:alt: The detailed operations shows which lots are being selected for the picking.
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