Create a LIFO Stockpile

Ideally, a LIFO stockpile should exist within a stock location or stockyard, or within a stockpile category under any of these locations.

Security Note: You need the Allow stockpile maintenance security right in the Stockpiles domain security rights group for this activity.

Activity Steps

1. Select the Supply Chain panel in the Solution Explorer.
2. Expand the Supply Chain » Business Areas node.
3. Right-click the stock location or stockpile category and select New » LIFO Stockpile from the menu.

   The LIFO Stockpile displays.

4. Update the stockpile Name if required.
5. Select the Current State tab.
6. Enter the Opening Date. You cannot make transactions to or from the stockpile before the opening date.
7. Update the following fields as required.
   • UOM—Select from the Mass units defined in the Unit Conversion Editor. Default: The UOM of the stock location.
   • Expected Total Quantity
   • Planned Quantity
   • Closing Date
   • Default Master Blend—Select from the blends that have been calculated for and assigned to the stockpile. See Blending.
   • Intended Organisation—Select from the organisations and companies defined on the Organisations panel of the Solution Explorer.
   • Status—Select from the Stockpile Status list items defined in the List Editor.
8. To specify quantities to be displayed on the Stockpile Balance Chart, complete the following fields.
   • Minimum Quantity
   • Target Quantity
   • Maximum Quantity
9. Click Save.