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 click Show Items on the Setup Review Cycle screen or click 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.
This is the review cycle formula.
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 click Use This 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 click Show Items on the Setup Review Cycle screen or clcik 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).
When you have finished modifying review cycle information, you can click File>Create Missing Review Cycle Records to generate additional review cycles, or you can click File>Update Min/Max Review Cycle to update the review cycle minimum and maximum values based on your changes.
After a set of ARPs have been displayed in the browser, you can mass update the assigned buyer code to a different buyer code for vendor ARPs and/or warehouse ARPs. Click File>Mass Change Buyer Code to display the Mass Change for Buyer Codes for Warehouse screen. You can include vendor ARPs and/or warehouse ARPs in the mass change. When selected, you can enter specific vendors and 'from' warehouses or include all. You can optionally specify the 'From Buyer' (or leave the From Buyer field blank to change all of the selected ARPs). Then specify the new Buyer for the ARPs.
See also
Creating missing review cycle records
Creating/maintaining review cycles
Updating the vendor for an item on a purchase line
Viewing items in a replenishment path for review cycles
Setting up auto-calculate for review cycles
Entering a default buyer for an alternate ARP