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Commodity Flow | How to set Warehouse Loss Rate, Acceptable Product Loss Rate

Gigi Nguyen avatar
Written by Gigi Nguyen
Updated this week

For products like oil or chemical liquids, it’s normal to lose a small amount during storage or delivery (e.g. leakage or evaporation).

In these situations, you can set up the warehouse loss rate and acceptable product loss rate to detect the acceptable loss rate during storage and delivery. Here is how to set them up:

Set an Acceptable Product Loss Rate

In EMERGE, you can set an acceptable product loss rate so the system knows how much loss is allowed.

This rate can be set when you create a new product, or edit it later in an existing product.

Set up Warehouse Loss Rate

You can set a loss rate at the warehouse level to account for expected product loss.

Step 1:

Go to Company Settings β†’ General Setup β†’ Location (Warehouse) Settings.

Step 2: Set up warehouse loss rate

  • Find the warehouse you want, then click the pen icon to edit.

  • Enter the loss rate and click 'Save.'

Note: This loss rate applies to the entire warehouse, not to specific sections.
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You can also set this loss rate when create a new location.

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