How to Manage Stock Requisition in Flovix

Stock Requisition Module

The Stock Requisition module in Flovix is designed to streamline the process of requesting inventory from warehouses. It enables employees and departments to submit stock requests, manage material requirements, and ensure timely availability of inventory. By centralizing the requisition process, this module improves inventory control, enhances accountability, and supports efficient warehouse operations.

Step-by-Step Guide to Create a Stock Requisition

1. Access the Stock Requisition Module

Navigate to the Inventory module in Flovix.

Click Stock Requisition from the dashboard.

2. Select the Warehouse

Choose the warehouse from which the requested stock will be issued.

3. Assign a Cost Center

Select the appropriate Cost Center to allocate the stock request to a specific department, branch, or project for expense tracking and reporting.

4. Enter Item Details

Click Add New Item and complete the following information:

1. Select the Item Code from the inventory list.
2. Choose the Batch Number, if applicable.
3. Select the Unit of Measure (UOM).
4. Enter the Required Quantity.
5. Repeat the process for additional items if needed.

5. Add a Memo (Optional)

Enter a memo to provide additional information or special instructions related to the stock requisition, such as the purpose of the request, project details, or internal references.

6. Review the Requisition

Carefully review all entered information, including:

1. Warehouse
2. Cost Center
3. Item Codes
4. Batch Numbers
5. Units of Measure
6. Requested Quantities
7. Ensure all details are accurate before submitting the requisition.

7. Save the Stock Requisition

Click Save to create the stock requisition.

Once saved, the requisition is recorded in the system and can be processed, approved, and tracked. If required, the requisition can also be linked to a Sales Order or Invoice for better inventory and transaction tracking.

Key Features

1. Inventory Requests – Create and manage stock requests quickly and efficiently.
2. Warehouse Selection – Request inventory from a specific warehouse.
3. Cost Center Allocation – Assign requisitions to departments, branches, or projects for accurate expense tracking.
4. Batch & Quantity Management – Specify batch numbers and requested quantities for precise inventory control.
5. Unit of Measure Support – Record inventory requests using the appropriate unit of measure.
6. Memo Support – Add notes, comments, or instructions to each requisition.
7. Invoice & Sales Order Linking – Associate requisitions with invoices or sales orders for complete transaction tracking.

Benefits of Using the Stock Requisition Module

• Improved Inventory Management – Monitor stock requests efficiently and reduce the risk of inventory shortages.
• Better Cost Control – Allocate inventory usage to specific cost centers for accurate financial reporting.
• Streamlined Workflow – Simplify the stock request process and improve coordination between departments and warehouses.
• Enhanced Accuracy – Reduce errors by accurately recording item codes, batch numbers, quantities, and units of measure.
• Operational Efficiency – Ensure materials are available on time to support production, sales, and daily operations.
• Complete Record Keeping – Maintain a detailed history of all stock requisitions for reporting, tracking, and audit purposes.

Conclusion

The Stock Requisition module in Flovix is an essential inventory management tool that simplifies the process of requesting and tracking inventory. By providing accurate stock requests, cost center allocation, batch tracking, and seamless integration with warehouse operations, Flovix helps businesses improve inventory control, enhance operational efficiency, and maintain accurate financial records.