Entering replenishment parameters: Alert Calculated vs. Frozen OP/LP/OQ (order point, line point or order quantity) Variance
- Access Replenishment Parameter Maintenance. The complete path is Inventory Control>File Maintenances>Replenishment Parameter Maintenance.
- Specify the defining parameters for the item: You can enter a warehouse, from warehouse vendor, purchasing line and/or item combination. Note: The scope for an item ideally should be least to most specific. When possible, parameters should be set according to the hierarchy: Company, Warehouse, Vendor, Purchasing Line, Item, Warehouse / Item and avoid specific items settings.
- In the Show drop down, specify Summary to view all of the effective parameters entered for the parameters set in the system and Detail to display overrides for only those parameter options that can be defined for the warehouse, from warehouse, vendor, purchasing line and/or item combination entered in step 2.
- In the Parameter Options Line browser, select the Replenishment Parameter “Alert Calculated vs. Frozen OP/LP/OQ Variance”.
- Select Edit.
- (Optional) To modify the scope of the item’s parameter, select Change Scope and specify Warehouse, Vendor, Purchasing Line, Item or Whse/Item as appropriate and select Apply. Note: The settings for this parameter can be defined at any level in the replenishment parameter hierarchy.
- When the system asks if you want to change to a more specific scope, click Yes.
- Select the Alert Calculated vs. Frozen OP/LP/OQ Variance checkbox to indicate whether an alert should be raised when order point, line point or order quantity significantly deviate from their frozen values.
- For Order Point, in the Units, Percent and Cost fields specify the value for the amount, percent and/or total cost values that should generate an alert, when the calculated order point deviates from the frozen order point.
- For Line Point, in the Units, Percent and Cost fields specify the value for the amount, percent and/or total cost values that should generate an alert, when the calculated line point deviates from the frozen line point.
- For EOQ, in the Units, Percent and Cost fields specify the value for the amount, percent and/or total cost values that should generate an alert, when the calculated economic order quantity deviates from the frozen order quantity.
- (Optional) In the Expiration Date field you can specify the expiration date if you have modified the scope of the parameter to narrow it from the company defaults.
- (Optional) In the Memo field specify the optional memo for the alert setting.
- Select Save.
- (Optional) You can specify additional replenishment parameters as needed.
- Select Exit when you are done.
See Also
Alerts Parameter Procedures
Usage Parameter Procedures
Safety Stock Parameter Procedures
Order Point Parameter Procedures
Order Quantity Parameter Procedures
Lead Time Parameter Procedures
Review Cycle Parameter Procedures
Frozen Controls Parameter Procedures