Gain visibility across the entire internal supply chain process

With its modern user experience and flexible framework designed for today’s tech-savvy workforce, Workday Inventory unites goods and services procurement with inventory management. It provides the information you need to make quicker, more insightful decisions and create transparency across the organisation to optimise cash flow and fuel business growth.

Perform physical inventory counts and record adjustments directly from your mobile device.

Define par locations to easily stock, replenish, and count par inventory.

Make transactions easier while reducing the risk of errors with barcode scanning and numerical keypads.

Handle and transact

Workday’s modern, intuitive UI makes it easy for inventory associates to jump from one task to the other while reducing the risk of errors.

  • Define and place inventory in locations based on usage type such as stocking, damaged, and storage.
  • Generate stock requests by requisition sourcing, inventory replenishment, web service, or ad hoc.
  • Use related actions to quickly create a pick-list, pull inventory, and create a shipment.
  • Automate replenishment with an auto-purchase requisition or stock transfer request.

Manage and account

Minimise operational risk with configurable business processes that support fully automated inventory processes and better comply with corporate policies with a full audit trail of inventory accounting transactions.

  • Define basic attributes shared across procurement and inventory using a single item master.
  • Value items using the perpetual average costing method.
  • Assign and manage different units of measure if necessary for ordering and stocking.
  • Create reorder points to replenish stock automatically, including auto-requisition generation.

Report and analyse

Real-time data enables the analytics necessary to build meaningful inventory reports. This intelligence provides insights into all transactions and associated business dimensions to help drive down costs.

  • Run adjustment transaction value reports to see the impact inventory has on your bottom line.
  • Gain insight into leading causes of inventory adjustments such as damaged, restocked, or change in physical count.
  • View on-hand inventory cost by spend category to better understand what is being consumed for potential cost savings.
  • Take advantage of built-in drill-down capabilities, straight to the underlying transaction, which also provides a full audit trail.

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