What is goods receipt and goods issue

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Goods receipt is the process of receiving goods into a warehouse or inventory system, while goods issue is the process of removing goods from the warehouse or inventory system.

Goods receipt involves checking and verifying the quantity and quality of received goods.
Goods issue involves picking and packing the requested goods for shipment or internal use.
Goods receipt is typically initiated by a purchase order or a transfer order.
Goods issue is often triggered by a sales order or a production order.
Examples of goods receipt include receiving raw materials for manufacturing or receiving finished products from a supplier.
Examples of goods issue include shipping products to customers or issuing materials for internal use.

What is goods receipt and goods issue

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