Stock Locations & Addresses
In the Cofactr platform, a Stock Address or Location represents a real-world physical place where inventory can be shipped or stored. We will automatically generate Locations for your inventory stored at Cofactr, and you can create your own locations & addresses by navigating to Inventory > Managed Inventory > Stock Locations or Inventory > Kitting & Shipping > Addresses.
Addresses
The most important type of Stock Location is the Address type. Addresses unlock a set of additional properties that can be used for creating Shipments in the Inventory module and Production Runs in the Production module.
When you select Facility as the Location Type, the following fields will appear:
Address fields: This is where shipments sent to this location will be addressed.
Notification email: This is the email that will be sent to the courier (UPS, FedEx, etc) for shipments being sent to this address.
Consume stock toggle: This toggle controls what happens to stock lots that are sent to this stock location using a Shipment in Cofactr. If this toggle is set to "Track Stock", stock lots sent to this address will just move to this location within the Cofactr platform and their quantity will stay the same. This is useful if you actually store stock at this location or you expect them to return much of the stock sent to them back to Cofactr (or another location). If this toggle is set to "Ignore Stock", stock lots sent to this address will be adjusted to a quantity of 0 as soon as they ship. This is useful if this location is an assembly location that will be using all of the parts sent to them.
Split stock toggle: This option allows a location to receive exact quantities split from stock lots of larger quantities. If you want this address to always receive the full quantity of stock lots, and return unused stock later, select "Don't Split Stock".
Hand-place toggle: Some facilities can't use small cut strips, or loose/bulk packaged parts. If this address doesn't have the capabilities to accommodate, choose "No Hand Place"
Reeling Options: Cofactr
Stock Locations
Stock locations are physical storage locations within an address. There are multiple types of locations in Cofactr, such as facility and shelf, that represent their real-world equivalents. Locations can also be nested within each other by setting one location as the Parent Location of another location or address.
Creating a new location allows you to choose a name, and select a type & parent.
There is one other type of reference to addresses and locations in Cofactr. The Final Destination Stock Location. You can learn more about them HERE.