Glossary
Every term used in Partix inventory, in one place.
| Term | Meaning |
|---|---|
| Assigned | Stock that has been placed in a location. |
| Available | Stock you can use: held, not borrowed, not scrapped. |
| Borrowed | Stock released out to a person and project, not yet returned. |
| Costing option | The rule deciding what a part costs when batches were bought at different prices. FIFO, LIFO, weighted, moving or custom. |
| CPN | Company part number. Your own identifier for a part. |
| Custom serial number | A serial number entered by hand rather than generated. |
| Cycle count | Correcting the recorded quantity to match a physical count. |
| Cycle count list | A printable count sheet generated from the inventory list. |
| Downcount | A cycle count where the counted figure is lower than the record. |
| Lot | A batch of a part received together, tracked as a unit. |
| Location | A place stock physically sits. |
| Location type | The kind of place a location is, which decides the fields describing it. |
| MPN | Manufacturer part number. |
| Part | An item you buy or make. |
| PLM | Product lifecycle management. The timeline of what has happened to a part. |
| Reason code | Why a move or correction happened, recorded alongside it. |
| Relocate | Move stock from one location to another. |
| Release | Issue stock out to a person and project. Creates a borrow. |
| Revision | One version of a part. Stock is held against a revision. |
| Scrap | Write stock off by sending it to a location of type SCRAP. |
| Serialised | A part tracked one unit at a time by serial number. |
| Serial number | The identifier for one individual unit. |
| Stock | How many units of a part revision you hold. |
| Sync serial numbers | A repair action realigning recorded serial numbers with stock figures. |
| Transaction | A recorded change to stock. |
| Unassigned | Stock held but not yet placed in a location. |
| Vendor | Who you buy a part from, which may not be who makes it. |