Inventory and Logistics – Maximo Secrets

Consignment Inventory

Consignment inventory is inventory that is owned by a vendor but stocked in your storeroom and you pay for the items as you consume them. The advantage is that you don’t pay for what you don’t use, you don’t pay at the point in time you receive the item, providing a cash flow advantage, and…
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Hazards on Item Master

This is the final part in a series of five articles that will provide a deep dive into the Safety module of core Maximo. In the first part we examined Hazards and Precautions, which is relevant to this article. You can find it here: Hazards and Precautions You may have noticed that in the Item…
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Inventory Reservations

An inventory reservation is made when a work order or internal purchase order is approved or when a material requisition is submitted. The reservations can be viewed and modified from two applications, Inventory and Inventory Usage, the Add/Modify Reservations action. For individual items and tools, you may see outstanding reservations through the action View Item Availability or View Tool Availability.…
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Inventory Balances

In the Inventory and Stocked Tools applications the current balance and the available balance of the item/tool is displayed, but how are they calculated, obvious, or not so? There are several other balance records, this article explores when they are used. I will start with a Summary, the detail provides an illustration of the tests…
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Quiz Answers – Condition Enabled Items -2

One small topic, 10 questions on Condition Enabled Items (part 2): Q1 – Can you set the condition enabled check box on the Inventory application? Answer – No, it is always read-only and it is showing the field from the Item object. Q2 – You have a condition enabled item with 3 condition records with condition rates…
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Quiz – How well do you know Maximo? – Condition Enabled Items – 2

One small topic, 10 questions on Condition Enabled Items (part 2): Q1 – Can you set the condition enabled check box on the Inventory application? Q2 – You have a condition enabled item with 3 condition records with condition rates of 100, 80 and 60. The item has been added to the CENTRAL storeroom with an…
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Quiz Answers – Condition Enabled Items

One small topic, 10 questions on Condition Enabled Items: Q1 – What is the best description for a condition enabled item? A – An item which you can monitor through measurements that may come from sensors. B – An item where balances are held at multiple condition levels and where the item’s value is set at…
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Quiz – How well do you know Maximo? – Condition Enabled Items

One small topic, 10 questions on Condition Enabled Items: Q1 – What is the best description for a condition enabled item? A – An item which you can monitor through measurements that may come from sensors. B – An item where balances are held at multiple condition levels and where the item’s value is set at…
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Quiz Answers – Kit Items – 2

One small topic, 10 questions on Kit Items (Part 2): Q1 – What is the financial transaction types when I assemble a kit and when I disassemble a kit? Answer – KITMAKE and KITBREAK respectively Q2 – When I assemble a kit in which tab of the View Inventory Transactions action will I find the financial transaction…
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Quiz – How well do you know Maximo? Kit Items – 2

One small topic, 10 questions on Kit Items (Part 2): Q1 – What is the financial transaction types when I assemble a kit and when I disassemble a kit? Q2 – When I assemble a kit in which tab of the View Inventory Transactions action will I find the financial transaction for the kit item? Q3…
Read more: Quiz – How well do you know Maximo? Kit Items – 2

Category: Inventory and Logistics