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This page allows you to set the function defaults. Tell me more...
Select the " Set Function Parameters" link under the " Stock Maintenance " business component
The “Set Function Parameters” page appears.
Enter the following fields:
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ABC Analysis A Percentage |
The consumption value of “A” class items in terms of percentage (Integer, 28). Mandatory. These items represent high consumption value stock in inventory. |
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ABC Analysis B Percentage |
The consumption value of “B” class items in terms of percentage (Integer, 28). Mandatory. |
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ABC Analysis C Percentage |
The consumption value of “C” class items in terms of percentage (Integer, 28). Mandatory. The sum of the consumption values for “A”, “B” and “C” class items must be equal to 100. |
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XYZ Analysis X Percentage |
The current stock value of “X” class items in terms of percentage (Integer, 28). Mandatory. |
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XYZ Analysis Y Percentage |
The current stock value of “Y” class items in terms of percentage (Integer, 28). Mandatory. |
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XYZ Analysis Z Percentage |
The current stock value of “Z” class items in terms of percentage (Integer, 28). Mandatory. The sum of the current stock values of “X”, “Y” and “Z” class items must be equal to 100. |
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FSN Analysis F Avg. Stay |
The average stay of fast moving items in inventory in terms of percentage (Integer, 28). Mandatory. |
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FSN Analysis S Avg. Stay |
The average stay of slow moving items in inventory in terms of percentage (Integer, 28). Mandatory. |
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FSN Analysis N Avg. Stay |
The average stay of non-moving items in inventory in terms of percentage (Integer, 28). Mandatory. The sum of the average stay values of fast, slow and non-moving items must be equal to 100. |
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FSN Analysis F Consumption |
The consumption rate of fast moving items in terms of percentage (Integer, 28). Mandatory. |
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FSN Analysis S Consumption |
The consumption rate of slow moving items in terms of percentage (Integer, 28). Mandatory. |
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FSN Analysis N Consumption |
The consumption rate of non-moving items in terms of percentage (Integer, 28). Mandatory. The sym of the consumption rates of fast, slow and non-moving items must be equal to 100. |
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Default Purchase Request Mode |
Use the drop-down list box to select the mode of authorization of purchase request. The system displays the options, “Normal”, “Express”, and “Blank |
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Default Purchase Order OU |
Use the drop-down list box to select the organizational unit from where the purchase order is raised for stock replenishment support. All the OUs where the “Purchase Order “ component is deployed and mapped to the login OU will be displayed here. The system also displays “Blank” as one of the values. |
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Default Purchase Request OU |
Use the drop-down list box to select the point from where the purchase request is generated for stock replenishment support. All the OUs where the “Purchase Request” component is installed and mapped to the login OU will be displayed here. The system also displays “Blank” as one of the values. |
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Default Manufacturing OU |
Use the drop-down list box to select the point from where the work order is raised. All the OUs where the “Work Order ” component is installed and mapped to the login OU will be displayed here. The system lists “Blank” as one of the values. |
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Default Shipping Point OU |
Use the drop-down list box to select the point from where the STO is raised. All the OUs where the “Pack Slip ” component is installed and which is mapped to the Stock transfer OU will be displayed here. The system lists “Blank” as one of the values |
Click the “Set Function Parameters” pushbutton to define the defaulting methods of stock analysis, purchase request mode, purchase order OU, purchase request OU and work order OU.
The system displays the following:
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Last Modified By |
The name of the person who last created or modified the function defaults. |
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Last Modified Date |
The date on which the function defaults were created or last modified. |
Set Function Defaults – An Overview
In this page you can specify the default percentage values for ABC analysis, XYZ analysis, the average stay of the item and consumption rate for FSN analysis, the default purchase request, purchase order and manufacturing OUs, and the default purchase request mode.
The various methods of stock analysis are as follows:
ABC Analysis
ABC analysis is an analysis of stock based on Consumption value. The items are classified into three categories, namely A, B and C, in decreasing order of their annual consumption value. The user specifies the value percentage for the respective classes. Based on the percentage specified and the consumption value, the items are classified into the three different classes.
The ABC principle states that applying a liberal control to lower consumption value items than to higher consumption value items can optimize the effort and money incurred on stocks.
XYZ Analysis
XYZ analysis is based on the current value of stock in inventory. Items are classified into three categories, namely X, Y and Z class, based on their inventory value. The user specifies the value percentage for the respective classes. Based on the percentage specified and the stock value, the items are classified into the three different classes.
FSN Analysis
FSN analysis is done based on the movement of stock from Inventory. Items are classified into three categories, namely Fast moving, Slow moving and Non-moving. The factors to be considered include the average stay in Inventory and the consumption rate of the stock.