Inventory Overview

 

Inventory Screen – Basic Overview

This guide gives you a clear walkthrough of the Inventory screen in ScrapRight — what each section shows and how to use it. (This is the foundational overview — later videos/guides will cover regrades, upgrades, sales orders, purchase orders, etc. in detail.)

How to Access the Inventory Screen

1. Go to Transactions module
2. Click Inventory → This loads the main Inventory overview screen

Main Sections of the Inventory Screen

1. Left Sidebar – Running Inventory (Most Important Area)

Shows all commodities broken down by category

Columns you will see:

• Commodity – name of the material
• WIP Inventory – Work In Process (everything you buy usually starts here unless purchased as a finished good)
• Finished Goods – material that has already been packaged / upgraded / prepared for sale
• Average Cost – what you paid per pound (shows 4 decimal places)
• Value – total dollar value of what you currently own (WIP + Finished Goods)

Quick examples:

• Aluminum Cast → 6,940 lb loose (WIP) + 804 lb in finished goods → total value $3,028.68

2. Contracts Quick Access

• Second button on left side
• Shows all active sales contracts / purchase contracts
• Quick way to jump directly into a contract you are currently shipping against

3. Finished Goods Packages (very important area)

Shows all your ready-to-ship packages grouped by commodity

You will see:

• How many packages exist of each material
• Bale / bundle / super sack / etc.
• Location / note field (where you physically put it in the yard)
• Status (Available vs Allocated to a packing list)

4. Right Side – Detailed View (appears when you click any commodity)

When you click a commodity on the left (example: Aluminum Cast):

You will see four main areas:

A. Inventory Chart

• Visual history of every ticket / adjustment that affected this commodity
• Shows increases (inbound), decreases (outbound), adjustments
• You can switch view between weight and pricing

B. Inventory Summary Numbers

• Total Owned Inventory (lb)
• Sales Orders (lb committed to sell)
• Purchase Orders (lb committed to buy)
• Total Inventory Position (including POs)
• Position – tells you if you are long or short on that material

C. Financial & Margin Information

• Average Cost Owned
• Average PO Cost (if applicable)
• Average Sales Order Price
• Historical Margin ($ per lb)
• Projected Profit on current open sales orders

D. Available Packages / Allocated Packages

• Shows which packages are still available
• Shows which packages are on open packing lists (allocated but not yet shipped)
• Click a package → loads picture, weight, details

5. Top Right – “Greatest Hits” / Recent Activity

Quick list of the most recent things that happened to inventory

• Packages created
• Adjustments made
• Sales orders
• Etc.

You can filter this list:

• All activity
• Only adjustments
• Only packages
• Only sales orders
• etc.

6. Bottom Navigation Buttons

Quick access buttons across the bottom of the screen:

• Purchase Orders
• Sales Orders
• Material Stats ← takes you back to the main inventory overview (home button)
• Generate Reports
  • Inventory Report (basically prints what you see on left side)
  • Finished Goods Report
• Inventory Adjustment (add or remove inventory manually)
• Material Regrades (manual & auto upgrade processing)

Quick Summary – What to Look at First When You Open Inventory

1. Left side – How much total inventory do I have? (WIP + Finished)
2. Click important commodities → check your position (long or short?)
3. Look at Finished Goods packages → how much is actually ready to ship right now?
4. Check recent activity (top right) – anything important happen recently?
5. Glance at margin / projected profit on open sales orders

That’s your fast 30-second health check of inventory.