01. Terms

To get you started with TaroWorks Enterprises, here are some key terms that will help you and your team take advantage of TaroWorks Enterprises full functionality: 

• Warehouse – A Warehouse in TaroWorks Enterprise is a place where products are stored.
• Location – A Location is a geographical area that groups warehouses. Example we can have a location like "Singapore", that can have more than one warehouse.
• Inventory – An inventory contains information about a product in a particular warehouse, such as inventory levels.
• Inventory Movement – Inventory Movement represents the movement of product into, out of, or between inventories.
• Taro Order - Header level information for internal or external orders that will result in inventory movements once status is Partially Shipped, Shipped or Completed.
• Taro Order Line Item - Product and Quantity on an Order
• Transfer Order –An internal order that results in inventory movement from a source location to a destination location once the status is completed.
• Sales Order – An order that results in the relieving of inventory from a source location once the status is completed.
• Purchase Order – An order that results in the increase of inventory at a destination location once the status is completed.
• Direct Order - This can be applied to orders that bypass specific status. Direct orders can be created in Confirmed, Shipped or Completed status. 
• Inventory Adjustment – This is a TaroWorks Inventory object that stores all details of a stock adjustment which in turn updates stock levels/values.
• Cycle Count – Functionality where quantity counted replaces quantity on hand in a Warehouse.