What are the pros and cons of using bins for a location when the location only has 1 bin or does not use standard bins?

AI generated answer (using internal Slack threads):

Pros of using bins for a location when the location only has 1 bin or does not use standard bins: 1. Flexibility: Using bins, even if there's only one, allows for future expansion. If your organization decides to increase the number of bins in the future, the transition will be smoother as the bin system is already in place. 2. Inventory Management: Bins can help in managing inventory. Even if there's only one bin, it can still provide a structured way to manage inventory. 3. Location Specific Inventory: Bins can be used to manage location-specific inventory. Even if there's only one bin, it can still be useful to manage inventory for a specific location. Cons of using bins for a location when the location only has 1 bin or does not use standard bins: 1. Complexity: Using bins can add unnecessary complexity if there's only one bin or if standard bins are not used. This can make inventory management more difficult. 2. Efficiency: If there's only one bin, using bins may not be the most efficient way to manage inventory. It might be easier and more efficient to manage inventory without using bins. 3. Resource Intensive: Setting up and managing bins can be resource-intensive. If there's only one bin or if standard bins are not used, the resources spent on setting up and managing bins might not be justified. Remember, bins are not the master record of inventory quantities and value On Hand. The item record itself paired with Locations are typically how that is accounted. Bin movements don’t typically have GL impacts. Also, all items must have a location in order to use bins. If you do not assign bins to the item, it will not require a bin location. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******