A Shipment Record example covers which type of transaction?

A Shipment Record is specifically associated with the movement of materials from one location to another, which aligns with the concept of Transferred Inventory. In the context of Maximo, a Shipment Record captures the details of inventory being shipped out, whether to another site, for a project, or to a different storage area within the facility. This record is essential for maintaining accurate inventory levels and tracking the movement of goods.

In broader terms, a Shipment Record is not primarily associated with Received Inventory, which refers to items being received into stock, nor with Issued Inventory, which pertains to items being taken out of stock for use. Returned Inventory deals with products that are coming back into the inventory, which does not fall under the category of shipment, as that process typically involves sending items out rather than receiving them back. Therefore, the focus on the Transferred Inventory accurately reflects the purpose and function of a Shipment Record in inventory management within Maximo.