This video is part of a six-part COR•REC Inventory tutorial series. For the best experience, watch the videos in order.
In Part 3, we continue building the inventory workflow for AeroFab Manufacturing Co., our fictional commercial drone frame manufacturer.
Now that inventory identifiers and groups are in place, it's time to define the finished products your business produces and the materials required to build them.
In this tutorial, you'll learn how to:
• Create inventory products
• Add required inventory identifiers to a product
• Configure product pricing and units of measure
• Include ad hoc items such as labor or processing costs
• Organize products using Product Groups
Inventory Products allow you to define the relationship between raw materials, components, and finished goods before production begins.
While AeroFab uses components related to commercial drone frame manufacturing, the same concepts apply across many industries.
For example:
• Automotive suppliers may create products such as repair kits or component assemblies
• Fabricated metal shops may create bracket assemblies or finished fabrication kits
• Consumer product manufacturers may create packaged goods or product bundles
By the end of this video, you'll have a structured product catalog that connects your finished products to the materials required to build them.
Solved problem: your business now knows what it produces and what each product requires.
Next up: Creating and Managing Purchase Orders.
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