The Facility tab under the Applications Settings is where you create the hierarchy of how your business, warehouses, and storage locations are organized for managing your inventory. Application Settings>Facility Tab
IMPORTANT Stock storage location TERMINOLOGY
Finale Inventory uses "Dynamic Product Storage Locations"
functionality called "Sublocations" There is a difference between Standard Bin Ids
- Std Bin is a simple attribute of the Product ID that can be used to assist in locating where a Product ID is located with the organization, building or warehouse
- Stock levels of products are not stored in Std.Bins, the are stored in Sublocations
- Think of Std Bin as an Index but not a location
- Std Bins are useful if you store your products in the exact same location at all times and they are not moved or transferred from their bin
- Std Bins are for businesses that do not change their product lines or vary the products that they carry
- Parts warehouses for small items like screws, nails, fasteners, or electrical component parts are normally stored in Bins
- Sublocation is an independent storage location where any product can be store
- Sublocations belong to and are associated to a single Location
- Sublocations and Locations MUST BE UNIQUE
A Product ID can only have and be in ONE Std.Bin at any
given time. You cannot use the Stock Transfer move product or
consolidate products from one bin to another, since it is not
truly a storage location.
- A Product ID can be in MANY Sublocations at any given time.
- A Product ID can be transferred from one Sublocation to another Sublocation.
Define your Locations
Locations in Finale Inventory are representative of a physical location that normally has a street address or a virtual location to represent a separate business segment or operation like Drop Shipping or External Order fulfillment like Amazon FBA. * Stock levels are stored in Sublocations associated to the Locations in Finale Inventory. The Location name in Finale Inventory organizes and groups stock sublocations together.
- Create your location name with Upper and Lower case letters
- Locations become an organizational unit that inventory storage locations are grouped under or with
- Locations become the Destination point for Purchase Orders to be created for receiving inventory replenishments from your Suppliers
Define your Sublocations
Sublocation in Finale Inventory are representative of a stock storage location. The can be synonymous to a bin number, shelf number, rack, pallet location, closet, sub area of a warehouse, truck, retail location, tent, or virtual business operation like RMA or RETURNS or DAMAGE. A Sublocation is a storage location that may represent the entire building or a smaller area of the building or business process.
- Sublocations name must be associated to a Location.
- It is recommended that your Sublocation names be in all CAPS and be kept as short in length as possible.
- Sublocation names must be unique across all of your locations. Location and Sublocations cannot have the exact same name.
- Sublocation names should have leading zeros for numbering schemes that use more than one digit. A01 is better than A1 if you are using numbers above more than two digits like 10. See Sublocation naming best practices below, the bins are synonymous with shelves on racks or pallet locations in warehouses:
Check out this Tutorial Video to learn how to perform create sublocations and locations.