INVENTORY REPLENISHMENT & REORDER PROCESS

Created by ChecklistGuro (https://checklistguro.com)

[ ] Fetch Low Stock Items: Retrieve all entries from the 'Inventory' data model where current quantity is less than the reorder point.
[ ] Calculate Total Reorder Value: Sum the 'Unit Price' of all items identified in the low stock list to determine the total budget required.
[ ] Calculate Total Order Cost: Multiply the quantity to be ordered by the unit price for each line item to calculate the subtotal.
[ ] Create Purchase Order: Generate a new entry in the 'Purchase Orders' data model containing the aggregated order details.
[ ] Assign Procurement Manager: Create a task for the Procurement Manager to review and approve the newly created Purchase Order.
[ ] Notify Supplier: Send an automated email to the assigned supplier with the Purchase Order details and requested quantities.
[ ] Update Inventory Status: Change the status of the identified inventory items from 'In Stock' to 'Reorder Pending'.
[ ] Warehouse Receiving Task: Create a task for the Warehouse Team to inspect and receive goods once the shipment arrives.
[ ] Finalize Purchase Order: Update the Purchase Order entry to 'Completed' once the warehouse confirms receipt of goods.
[ ] Update Stock Levels: Increase the 'Current Quantity' in the Inventory data model based on the received shipment quantities.
[ ] Generate Monthly Replenishment Report: Create a summary report of all completed reorder processes and total spend for the period.

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