Review Cycle Setup (ICE560)

Review Cycle Setup is used to establish review cycles and buying targets for all ARPs, both vendor and transfer.

This program will analyze all of the replenished items in the selected warehouse, and display all of the ARPs (both vendor and warehouse) represented. The ARP for each item is established in Warehouse/Item F/M.

For each ARP, we display the # of items in the warehouse that are replenished by that ARP, and the review cycle and buying targets established. If no review cycle is setup, an asterisk will appear on that line, indicating that the review cycle should be setup.

To view the items in the replenishment path you can select the Show Items button on the Setup Review Cycle screen or select View>Items in the ARP from the menu.

When you have finished modifying review cycle information, you can select File>Create Missing Review Cycle Records to generate additional review cycles, or you can select File>Update Min/Max Review Cycle to update the review cycle minimum and maximum values based on your changes.

Use Review Cycle Setup (ICE560) to create and maintain the warehouse/warehouse and warehouse/vendor review cycles and update the minimum and maximum review cycle values. You can also modify current and recommended vendor review cycles.

You can define buying targets in Amount/Cost, Weight or Cubes.

The vendor review cycle is used to print the Vendor Review Dates Report.

The review cycle is the amount of time between dates that a vendor or warehouse is reviewed for replenishment in order to meet buying targets.

For example, if in order to receive a discount there is a minimum purchase amount, that minimum should be met each time you order from the vendor or from another warehouse. The review cycle determines when orders should be placed in order to take advantage of the discount.

The review cycle formula is as follows:

Review cycle = 360 days/number of reviews per year(reviews per year = total annual cost/buying target $)

In the header portion of the screen, enter the warehouse for the review cycle and indicate if you want to view vendor approved replenishment paths and/or warehouse approved replenishment paths. You can specify the buyer, warehouse and/or vendor, as well as the buying target to use for the review cycle record display in the line browser.

To modify the review cycle information for a specific warehouse or vendor ARP, double click the line in the browser to display the Setup Review Cycle screen where you can assign a different buyer for the review cycle, specify the default target used to auto-calculate the review cycle, enter the review cycle minimum and maximum values, and enter target information for the specified review cycle. The program displays the Warehouse/Warehouse or Warehouse/Vendor and specify the from warehouse or the vendor for the path entered in Review Cycle Setup (ICE560) and the purchasing line (if any) set up for the Approve Replenishment Path. The number of items in the replenishment is displayed. For the Amount/Cost, Weight and Cubes, you can enter a target value and select the Use This button beside the desired target to determine the current review cycle value or you can manually enter the current Review Cycle. You can also specify the default target to use when auto-calculating the review cycle by selecting in Amount/Cost, Weight or Cubes in the Use Target drop down.

To view the items in the replenishment path you can select the Show Items button on the Setup Review Cycle screen or select View>Items in the ARP from the Review Cycle Setup. Using the Items in a Replenishment Path screen you can view the items in the Approve Replenishment Path for the specified warehouse. You can indicate the Approve Replenishment Path Type to display—Warehouse/Warehouse or Warehouse/Vendor and specify the from warehouse or the vendor for the path entered in Review Cycle Setup (ICE560).