Stock · Intermediate
Review Material Stock Movements
Learn to review a material’s recorded stock movements in ManWinWin Web and open individual movements for closer inspection. Use the history to trace stock changes without creating or changing transactions.
Effective inventory management is critical for operational continuity and cost control. Reviewing material stock movements provides transparency into how your inventory levels change over time, helping to identify discrepancies or understand consumption patterns. This process ensures accurate stock records, which are vital for efficient maintenance planning and execution.
Where it's available and step by step
Step by step in ManWinWin Web
- 1
Open Materials in ManWinWin Web to locate the material whose stock history you want to review.
- 2
Use Stores to select the store relevant to your investigation.
- 3
Use the search box to find the material and select its row.
- 4
Click Movements to display the selected material’s recorded transactions.
- 5
Review the movement types listed, distinguishing incoming and outgoing transactions and identifying any transfers or inventory-related entries present.
- 6
Click the type of a movement you want to investigate to open its details.
- 7
Examine the available transaction information and references to establish what the movement records, then repeat for related entries without editing or registering movements.
Theory and technical background
Importance of Stock Movement Tracking
Tracking stock movements is fundamental to maintaining accurate inventory records, a core principle of efficient asset management (ISO 55000). Every inbound and outbound transaction, along with internal transfers or adjustments, must be meticulously recorded. This historical data forms the basis for inventory valuation, reorder point calculations, and identifying potential losses or inefficiencies. Without precise movement tracking, organizations risk stockouts, overstocking, and inaccurate financial reporting, directly impacting maintenance budgets and operational readiness.
Types of Stock Movements
Stock movements can broadly be categorized into incoming (e.g., purchases, returns from work orders), outgoing (e.g., issues to work orders, sales, scrap), and internal (e.g., transfers between stores, inventory adjustments, cycle counts). Understanding these distinct movement types, as defined in standards like EN 13306, is crucial for accurate analysis. Each type impacts inventory levels differently and is associated with specific business processes. Comprehensive tracking allows for a holistic view of material flow, ensuring accountability and improving forecasting accuracy for spare parts and consumables.
Leveraging Movement Data for Decision Making
The history of stock movements provides valuable insights beyond simple stock levels. Analyzing this data helps to understand consumption rates, identify frequently used or obsolete items, and evaluate supplier performance. It supports the calculation of key performance indicators (KPIs) such as inventory turnover or service level. By reviewing detailed transaction information, maintenance managers can optimize inventory levels, refine purchasing strategies, and prevent future stock-related issues, directly contributing to improved availability and reduced maintenance costs.
Best practices
- Regularly review stock movement history to identify trends and potential discrepancies.
- Pay attention to the 'type' of movement to understand the transaction's nature (e.g., issue, receipt, transfer).
- Correlate movement data with work orders to understand material consumption patterns.
- Use the detailed movement view to verify dates, quantities, and associated references for accuracy.
Frequently asked questions
Why is reviewing stock movements important for maintenance?
It ensures inventory accuracy, helps track material consumption for work orders, and identifies discrepancies or overstocking. This supports effective maintenance planning and cost control, preventing delays due to unavailable parts.
Can I edit old stock movements through this review process?
No, this process is for reviewing historical data only. It allows you to examine past transactions but does not provide functionality to edit or delete existing movement records. Any adjustments require separate, authorized transactions.
What kind of information can I find in a detailed movement record?
Detailed movement records typically include date, time, quantity, unit cost, associated work order or purchase order reference, user who recorded the movement, and the type of transaction (e.g., issue, receipt).
Need help with this topic?
Sign in with your company's ManWinWin API and user to request technical support followed by the ManWinWin team.
Back to Winston Help Center
Ask Winston or explore other lessons.