IFS Applications Inventory Management

Moves inventory parts between company sites, automatically generating the linked purchase part and sales part records required to complete the transfer.

Covers delivering a customer order, from picking the goods and confirming delivery to approving exchanges raised under a complex repair order.

Covers day-to-day inventory and warehouse operations: task prioritization, cycle counting, barcode scanning, kit assembly, material requisitions, and rotable pool management.

Covers processing goods a customer sends back, from creating and approving or denying the return through to completing it and deciding whether items are returned to stock or scrapped.

Manages part demand across sites, covering acquiring parts, manually reserving stock at the local site, and reserving inventory held remotely.

Covers the financial side of inventory: costing, valuation, overhead adjustments, and country-specific reporting requirements for Italy and Portugal.

Manages shipments that consolidate order lines bound for the same receiver and address into a single dispatch, covering consolidated loading, packing, scheduling, and delivery of goods through preliminary, completed, and closed status.

Centralizes part master data setup across many sites and product lines using assortments and site clusters, cutting down duplicate data entry and keeping part records consistent.

Covers the full goods-receiving flow: recording arrivals, moving items into inspection or stock, handling quality inspection and discrepancies, and receiving shop orders and dispatch advices.

Handles internal transfers of goods between sites or remote warehouses within the same company, executed through the standard shipment and receipt process.

Covers generating and managing the material supply needed to fulfill project deliverables, including MRP calculations at both company and project level, supply requests for purchasing or manufacturing, and issuing material to the deliverable.

Demand Driven MRP applies a buffer-based planning strategy that compresses lead times while protecting service levels and inventory cost, starting with identifying which parts should be strategically buffered. It covers calculating buffer levels, positioning buffer parts, running demand-driven execution and planning, and making dynamic adjustments as conditions change.

Demand Planning covers setting up forecasting data, generating demand forecasts, monitoring them through a dashboard connected to a dedicated demand planning server, and controlling which users can access published forecasts.

Inventory Planning provides reorder-point based replenishment for parts with independent demand, such as sales spares and distribution stock, where supply is decoupled from other parts' bills of material. It can run alongside Kanban and MRP and depends on accurate lead-time, ordering-cost, and inventory-rate data, covering planning-data calculation, reorder handling, availability monitoring, and scheduling.

Kanban Planning supports just-in-time replenishment using standard containers and cards as the signal to trigger supply, organized into kanban circuits defined per part and supply location. It covers creating and calculating circuits, managing kanban cards, initiating replenishment, and recalculating circuits as demand changes.

Records the build and inspection history of an aviation asset as it's received, inspected, and assembled, including component replacements, new components, life-limit adjustments, and usage hours.

Make to Stock Planning covers forecast-driven stocking of spare parts and running project-level material requirements planning.

Covers keeping operational data accurate and manageable over time, including archiving historical logs, correcting erroneous entries, and updating vehicle condition history.

Material Planning Simulation lets planners model demand and supply scenarios using MRP, master scheduling, and capacity requirements planning logic without touching live data, so they can run what-if analysis before committing changes. It covers maintaining simulation profiles, managing simulation results, and running CRP, MRP, and master schedule level-1 simulations.

Creates and maintains the different part types a business needs, master, manufactured, purchased, sales, and package parts, plus part configuration revisions and purchase-part suppliers.

Tracks tools as they move in and out of the tool crib, including checking tools in and out, monitoring what's currently out, flagging overdue tools, and putting tools away.