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Enter the Following: Name Description Go to Screen: (M) Tools > Copy From Copy From ITEM REORDER Purchased Item Forecast and Reorder Planned Item
Select the Following: Template Press Screen: (B) Done Master Items Purchased Item
Enter the Following: Region Main Field Name Use Item Type Item Status Conversions - Both Purchasing List Price Values Purchased Item Active Yes 10
Field Name Inventory Planning Method Planner Minimum Order Qty Ordering Cost Carrying Cost %age
Save your work. (Ctrl + S) Go to (M) Tools > Organization Assignment Screen: Organization Assignment Assign Item: ITEM REORDER to M1, Click on Save icon
Step2: Setting Up a Manual Forecast Navigation: Screen: Region Inventory > Planning > Forecasts > Sets Forecasts Sets (M1) Field Name Forecast Set Description Bucket type Forecast Description Values TXX-FCSET TXX-Forecast Set Choose Weeks Leave rest of the fields as Defaults TXX-FCNAME TXX-Forecast Name Click on Save icon
Forecast Lines
Region
Field Name
Values
Click on Forecast Items Button Forecast Items (M1) Opens Item ITEM REORDER Rest of the fields defaults from item Master
Region
Field Name
Values
Click on Detail Button Forecast entries (M1) Screen opens Date End Date Enter a start date that is greater than today Enter an end date that is approximately 6 weeks from the start date Close the window Click on Bucketed detail Review and verify your forecast
8. Re Order Point Planning You can perform-reorder point planning for the entire organization. You can use Reorder-point planning for items under independent demand. You can specify Reorder-point planning as the inventory planning method when you define an item. You can use Reorder-point planning for items that you do not need to control very tightly and that are not very expensive to carry in inventory.
Purpose: In this practice, you will use the item defined earlier in Forecast session ITEM REORDERto perform Reorder-point planning for that item. You will also run and view the Reorder-point planning report. Step1: Enter safety stock for the item [ITEM REORDER] Navigation: Screen: Click the New button Tab through the default item field and navigate to the Item field. Enter the following information: Inventory > Planning > Safety Stocks Find Item Safety Stocks (M1)
Step2: Request the Reorder Point Planning report Navigation: Screen: Inventory > Planning > Reorder Point Planning Parameters window for the Reorder Point Planning report opens
Enter the following parameters: Parameters Demand cut off date Supply cut off date Restock Forecast Items under reorder point 4 months from now 4 months from now No Your forecast TXX-FCNAME
Accept all other defaults Click the OK button to return to the Reorder Point Planning submit requests window. Click the Submit button to submit the Reorder Point Planning report. Write down your request number____________________ Click the No button when prompted to enter another request.
Select (M) View > Requests to view your report. Click on View Output How many of this item should you reorder?________________
Test case to Run Reorder Point report 1. Define an Item in V1-Test1 Assign a Purchased Item Template Purchasing Tab Give the List Price (75) General Planning Tab Specify Planning method (Reorder Point), Min qty (35), Order Cost (45), Carrying %(10) Lead Time Tab Give Processing time (5 days) 2. Assign the Item Test1 to Org M1 3. Define Forecast Set
If sometimes approved req is not created and it shows No. Of interface lines in error, Run Requisition Import Exception Report. Go to Purchasing and Query your Req # based on Import Source (INV) and Item.\