What does the OnHand table track?

The OnHand table is designed to track detailed inventory quantity records for various items within an inventory system. This table serves as a crucial source of information for real-time insights into the actual stock levels of products. The record includes specifics about the quantity of each item currently held in inventory, adjusting as transactions occur—such as receipts or shipments—allowing for precise inventory management.

The feature of maintaining detailed records enables businesses to accurately assess their inventory situation at any given moment, which is essential for effective supply chain management, planning, and decision-making. Understanding the exact quantities on hand helps in determining reorder levels, managing stockouts, and minimizing excess inventory.

This detailed tracking contrasts with other choices that pertain to broader or less specific data points, such as summarized inventory quantities or forecasted demand that do not provide the granular levels of detail available in the OnHand table.