[Music] i'm laurence tyndall here at glidefast consulting and today i'm going to show you a powerful feature in the hardware asset management application in servicenow called stock rules stock rules allow you to automatically replenish the stock of assets in your stock rooms when they drop below a defined quantity this feature is fantastic for ensuring you and your team always have enough assets in stock and aren't caught off guard when fulfilling asset requests the stock rules feature can automatically replenish stock from another stock room via a transfer order or create a purchase order for the procurement of additional assets from your vendor of choice in today's tutorial i'm going to show you how to set up a stock rule for the replenishment of some 15 inch macbook pros before we get started i'd like to note that you need the procurement plugin installed in your servicenow instance if you would like the stock rules module to generate purchase orders the first thing you'll want to do is type in stock rules in the application navigator click on the stock rules module located under the inventory application the stock rules list view will now load click on the new button the stock rule form will now load in the first field model this field allows you to select the model in which this stock rule applies to in today's example we're going to select the apple macbook pro 15 inch next we have the stockroom field this field enables you to select the stock room in which this rule applies to for demo purposes i've created five macbook pros and put them in the stockroom in the southern california stockroom in the next field we have threshold this field allows you to define when the restocking gets triggered in today's example i'm going to select five this means as soon as i change one of the five macbook pro 15 inches to in use from the southern california stock room this stock rule will be triggered next we have the restocking option field from here you can either select stockroom or vendor selecting stockroom will initiate the transfer order when the stock rule is run and selecting vendor will generate a purchase order for the replenishment of stock as you can see when i select stockroom a new field called parent stockroom displays this field allows you to select the stockroom in which additional assets should automatically be transferred from in today's example i've placed 20 macbook pro 15 inches in the san diego south warehouse and in the final field order size this field allows you to define how many assets should either be transferred or purchased depending on your restocking option i'm going to enter 10 as this is the sufficient amount for the amount of requests we receive now that we've completed defining the stock rule click the submit button to finish creating it now let's see the stock rule in action for demo purposes i'm going to set one of the macbook pro 15 inches located in the southern california warehouse stockroom to in-use this will drop the in-stock quantity to four since the stock rule feature is only run once a day via a scheduled job we're going to have to go into the scheduled jobs module and manually trigger the scheduled job to do this i'm going to open the stockrool runner schedule item and set the next action date to yesterday's date and hit update this will manually trigger the scheduled item now if we head over to the transfer orders module we can see that a transfer order has automatically been created from the stock rule and the assets will soon be replenished and that is all for today's tutorial on stock rules in service now good luck and thanks for watching