The quantity of an item that is currently available for sale. Generally, the available quantity is equal to the on-hand quantity less any quantities set aside for open orders.
FAQ: What is the Difference between Available and On Hand Quantities?
On Hand is how many are currently in stock at your facility. Available is On Hand minus quantities reserved across your inventory management system for various open transactions including sales orders, assemblies, and transfers.
On Hand Quantities are the number of items in your warehouse currently. Available Quantities are used to show what in your warehouse isn’t already scheduled on a Sales Order. This can be reserved as a component on an Assembly build, or set-up as a Reserved quantity in a warehouse.« Back to Glossary Index