- VMI is vender managed inventory – vender will supply the raw material (Compressor, Steal, plastic sheet etc.) in assembly area follow quality we request to produce for each product we will open PO to vender after we using the part. So that inventory in VMI location will be negative stock and end of month we will do the journal for adjusting inventory and accrue.
- In Jul16 after verify store guy have wrong issue VMI part to WIP 52 MB and we have reversed in Aug16 so in Jul we do the journal for adjusting Inventory and WIP.
- The provision of Gipsy tray is special process we will take it out to inventory adjustment end of Aug16