Review Cycle

Review Cycle is the expected time in days between POs to a vendor or warehouse transfer tickets for a distribution center (DC) warehouse. Thought of in another way, it’s the number of days’ supply of stock you expect to order each time you place a PO.

The review cycle record for each ARP tells FACTS two critical pieces of information used in the replenishment process: the Buyer Code responsible for each item and the # days in the review cycle. There are other values that can be established, like buying targets, but we will cover those later.

The Review Cycle Setup program looks at all replenished items in the warehouse and presents the user with all of the valid ARPs in that warehouse. Any missing records will be displayed with asterisks (*) in the columns.

Each ARP displayed shows the number of items in that ARP – this allow the user to easily eliminate invalid ARPs by going to the warehouse/item record and correcting the ARP or to Item F/M and correcting the primary vendor.

For each displayed ARP, setup the buyer code responsible for replenishment from that ARP and the review cycle for that ARP. The review cycle is the number of days you normally have between replenishment orders from that vendor or warehouse. Refer to the previous section of this document for a more thorough explanation of how the review cycle impacts replenishment values.

Review cycles must be setup for each authorized replenishment path (ARP) in FACTS. An ARP is each vendor or DC that replenished a stocked item in a warehouse.

Review Cycle Setup is the primary program used in FACTS to setup and maintain review cycles.

Longer review cycles mean more time between orders and therefore larger order quantities.

The review cycle and buyer can be designated for transfers. The buyer can be designated for each Approved Replenishment Path (ARP) based on the following matrix.

Source	Purchasing Line
Vendor	<not specified>
Vendor	Purchasing Line
From Warehouse	<not specified>
From Warehouse	Purchasing Line

An example is buyer 100 for warehouse 01 can be established for items to be transferred from warehouse 02 for purchasing line “Warehouse Items”. Buyer 200 for warehouse 01 can be established for items to be procured from vendor V100 with no purchasing line set.

Buyer Code	Buyer code for the ARP
Review Cycle	The number of days to use for calculating Line Point
Review Cycle Min	Minimum number of days between replenishment activity (optional, display only)
Review Cycle Max	Maximum number of days between replenishment activity (optional, display only)
Buying Target $	The target currency value for meeting replenishment requirements for this ARP
Buying Target Lbs	The target weight for meeting replenishment requirements for this ARP
Buying Target Cubes	The target volume for meeting replenishment requirements for this ARP
Memo	Optional memo for review cycle entries

For Review Cycle an additional From Warehouse parameter is available in Replenishment Parameter Maintenance. Therefore, it doesn’t fit in the “normal” hierarchy, but rather has its own unique settings for Review Cycle. The hierarchy that the system uses for Review Cycle is as follows:

Warehouse + From Warehouse

Warehouse + Vendor

Warehouse + Purchasing Line

Purchasing line is the most unique, and Vendor and From Warehouse are at the same “level”. From Warehouse is used for Transfers and Vendor is used for Purchase Orders. Purchasing Line is only used for Purchase Orders at this time, too.