Relevant to: Buyers

Navigation tree: Transactions > Orders

An order's remaining quantity works similar to that of a contract.

Upon creation, every order is allocated a quantity and a quantity tolerance.

The remaining quantity is then calculated by taking the order quantity and adding the upper limit of the tolerance.

For example, an order with a quantity of 100 mt and a tolerance of 5 mt would have a remaining quantity of 105 mt.

As deliveries are allocated against the order, the remaining quantity will count down towards 0mt.

n.b. the '0mt' count down also factors in any current open orders that you may have relating to the inventory you are trying to place an order against. So, if the system says you have 0mt available but you know there is inventory available, it may well be that you have another open order for that inventory that is 'expecting' delivery of that inventory at some stage, therefore you would be over-ordering if that current order and your new order were fulfilled. Read below about the capability to over-order.

Over-ordering

The system will prevent the user from creating an order that exceeds the available quantity, EXCEPT when inventory is at the origin and the user is subscribed.

When inventory is at the origin of the order, the system will let the user create an order for an amount greater than the available quantity. In these instances, the user will be warned that they are exceeding the available quantity.

Over-ordering inventory

For inventory to contract orders, the user may be prevented from exceeding their available quantity in instances where there is not sufficient qty remaining on the contract at the destination end of the order.