Branch transfer
Also called stock transfer, inventory transfer
Reviewed by Dasha ShakovVP Marketing, Proton
Updated
What is branch transfer?
A branch transfer is a movement of stock from one of a distributor’s locations to another, recorded in the ERP so that inventory stays accurate at both. Distributors use transfers to fill a customer’s order from a location that has the item, and to move stock from where it sits unsold to where it sells.
Branch transfer example
Eight pumps are needed today and the local branch has two, so six come over from a branch 40 miles away on the afternoon shuttle truck.
Related terms
- BranchA branch is one of a distributor’s local locations, with a sales counter, a stocked warehouse and delivery trucks, placed close to the customers it serves.
- Distribution center (DC)A distribution center (DC) is a large warehouse where a distributor receives bulk deliveries, stores them and ships orders to customers or its branches.
- StockoutA stockout is a situation in which a distributor has none of an item available to sell when a customer wants it.
- Dead stockDead stock is inventory that hasn’t sold for a long time and probably won’t sell at its normal price.
