Inventory · The stock position · Element
The quantities
What is held, by item and by location.
The part
What it is
Location granularity should match how stock is actually picked, since a location that is too broad makes the record unusable operationally.
Stock in transit and stock allocated but not shipped are separate states and are frequently conflated with available stock.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.
The other elements in the stock position
The valuation
What the stock is worth, on a stated basis.
LearnThe accuracy
How closely the record matches what is actually there.
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