Overview

Consumables refer to items that are regularly used and depleted during the course of normal operations within an organization. These items are not considered fixed assets like computers or servers, but they are essential for maintaining day-to-day activities. They have to be replaced regularly in an organization as they can be spent, wasted, and dissipated.

Here is a list of few Consumables with examples:

ITAM Analyst can add Consumables to the inventory for easy tracking and maintenance. This ensures that all Consumables are managed throughout their lifecycle, maximizing their usefulness and efficiency.

Configure Consumables

To configure or create a new Consumable, perform the following steps:

1. Navigate to Asset Management > Consumables (CO) > Inventory - CO. The Inventory-CO List page is displayed with all the configured Consumables.
   Click New to configure a new Consumable.
   Figure: Inventory - CO List page
   
   
2. On the new Consumable configuration page, provide all the required details as shown below and click Save.
       See Field Description for more information on field values.
   Figure: New Consumable Details page

Field Description

This table contains the list of fields and their descriptions that are available under the New CO Details page: 

Field	Description
Tenant *	Select the required Tenant from the list. This is a mandatory field.
Store *	Select the required store from the list. This is a mandatory field. For more information on Asset Locations (Store and Floor), refer to AM Location Master - Overview.
Category *	Select the required Category from the list. This is a mandatory field. For more information on configuring various categories, refer to Asset Category.
Customer	Select the required Customer from the list. This is an optional field.
Inventory - Details
Purchase Quantity	Enter the quantity of Consumables purchased.
Purchase Cost	Enter the Purchase Cost of the Consumable(s) per unit.
PO Number	Enter the PO Number.
Currency Unit	Select the Currency Unit: USD or INR.
Date of Purchase	Select the Date of Purchase from the calendar.
Attachment	Upload the attachments(s) if any.
Add	Click Add to include multiple Consumables within the same screen. Upon clicking Add, the details are captured and displayed in the List section below. Note The Allocated and Inactive Quantity fields under the Quantity Information tab will initially display as zero. These quantities are updated automatically whenever a new asset is added to the system.
Links
Link	Select the Link option to link any Fixed Assets or Contracts to the Consumable(s). Let's explore how Fixed Assets can be linked using the gif below. Let's explore how Contracts can be linked using the gif below.
Timeline	This field displays a chronological sequence of events or actions related to an asset, purchase order, ticket, or any other relevant entity being changed in this configuration. It also indicates the user responsible for the changes, along with the corresponding date and time. Note This information appears once any changes/updates are made to an already saved configuration.

After saving the configuration, it will promptly appear on the Inventory - CO List page. Return to the Inventory - CO List to review the most recent configuration record.