Viewing planning details of the part

This page allows you to view the planning details of the part. Tell me more.

Select the “View Planning Information” link at the bottom of the “Select Part #” page.

The “Part – Planning Information” page appears.

The system displays the following.

Date Format

The format in which the date fields are displayed in this page. This format is displayed from the “User Preferences” business component based on the login user ID. In case the format is not defined, the system displays the date format from the “Enterprise Modeling” business component by default.

The system displays the following in the “Part Information” group box.

Part #	The number identifying the part, for which the planning information is displayed.
Part Description	A textual description of the part.
Planning Status	The planning status of the part. It could be “Fresh”, “Active” or “Inactive”.
Mfr. Part #	The number given by the manufacturer of the part.
Mfr. #	The manufacturer of the part
Manufacturer Name	The name of the manufacturer.
Part Type	The type of the part which could be “Raw Material”, “Consumable”, “Expendable”, “Tool”, “Kit”, “Component”, or “Miscellaneous”.
Non-Stockable	Indicates whether there is no stock available for the part in any of the warehouses of the interacting “Stock Maintenance” business component. The system displays the options “Yes” or “No”
Reference Status	The reference status of the part, which could be “Under Creation”, “Active” or “Inactive”. Fresh – indicates that the planning details have not been entered completely. Active – indicates that the planning details have been entered completely. Inactive – indicates that the part number is no longer in use.
Key Word	The keyword used to easily identify the part.

The system displays the following in the “Planning Details” and “Planning Info” group box.

Material Controller	The employee who maintains the stock at a location.
Employee Name	The name of the employee.
Certification Reqd?	Indicates if certification is mandatory for the part.
Current Part Rate	The current rate of the part.

Note: The system retrieves and displays the expensing policy and the current part rate from the “Maintain Planning Information” page of the current business component.

Reservation Horizon (Days)	The number of days till which the part can be reserved for supply.
Allocation Horizon (Days)	The number of days for which the part can be hard allocated.
Valuation Method	The method in which the costing of the part is done at a inventory location. It could be “Standard Cost”, “LIFO”, and “FIFO”, “Actual Cost" or "Weighted Average costing ". Standard Cost – indicates that the receipts and the issues of a part are always made at the standard cost. In case the unit rate of the part is different from its standard rate, the difference between the rate is posted as price variance of the part. LIFO (Last In First Out) - indicates that the parts are issued at the latest price. Issues thereafter are made in previous prices. A strict chronological order is followed. FIFO (First In First Out) – indicates that the parts are issued at the earliest receipt prices. Issues thereafter are made in recent prices. A strict chronological order is followed. Actual Cost – indicates that the receipts and issues of a part are always made at the actual cost. Weighted Average costing – indicates that the issue rate is calculated as the average of receipt values divided by the receipt quantity.
Expensing Policy	The expensing policy defined for the part, which could be one of the following: On First Issue –Indicates that on first issue, the cost of the part will be expensed off On Phase Out –Indicates that on phase out, the cost of the part will be cleared off. Core value on Phase Out –Indicates that the time life costing parts will become phased out or obsolete when the core value is cleared off.
Adjust Actual Cost	Indicate whether the actual cost is adjusted. It could be one of the following: Condition Based – The actual cost is adjusted based on certain condition Not Applicable – Actual cost is not adjusted.
CAGE #	The “Commercial and Government Entity” code (CAGE) assigned to the manufacturer.
SPEC 2000 Code	The code by which the manufacturer is identified in SPEC 2000.
NSCM #	The “NATO Supply code for Manufacturer” number (NSCM) assigned to the manufacturer.
Part Planning Group	The planning group of the part.
IC Key	The interchangeability key of the part.

The system displays the following in the“Planning Details” and “Replenishment Details” group box:

Planning Type	The method in which the part requirement is planned. It could be one of the following: Reorder Level – indicates that the purchase activity is automatically initiated by the system, when the stock level falls below the fixed reorder quantity. Min – Max – indicates that a purchase activity is automatically initiated by the system, whenever the stock on hand falls below the minimum level. None – indicates that no specific method is followed for part requirement planning.
Replenishment Activity By	The procedure in which the part is to be ordered. It could be “PO” (Purchase Order), “PR” (Purchase Request) or “Stock Transfer”.
Replenishment Activity At	The place where the part is reordered, which could be “Location”, “Warehouse” or “None”. Note that Replenishment Levels need to be individually defined for specific warehouses and parts as required in the “Storage Administration” business component.
Stock UOM	The unit of measurement in which the part is stocked in the warehouse.
Minimum Qty	The minimum quantity of the part to be held in stock at any point of time.
Maximum Qty	The maximum quantity of the part to be held in stock at any point of time.
Reorder Level	A fixed quantity of the part. If the stock level falls below this fixed quantity, the purchase activity is automatically initiated by the system.
Reorder Qty	The quantity for which the order has to be placed, when the reorder level is reached.
Safety Stock	The safety stock of the part.
Minimum Issue Qty	The minimum quantity that can be issued from a warehouse at a location.
Avg. Transfer Lead Time	The average transfer lead time

The system displays the following in the “Replenishment Parameters Details” multiline:

Annual Consumption	The annual consumption of the part stocked in the inventory.
Ordering Cost	The miscellaneous cost such as transportation charges and electricity charges incurred on the part (Decimal).
Service Level Factor	The service level factor (Decimal) that sets a standard to avoid out-of-stock situations for replenishing the order. For example, if the service level factor is 1, then it indicates that out-of-stock situation is nil.
Carrying Cost	The miscellaneous cost such as the cost incurred for handling hazardous types of parts or breakable parts (Decimal).
Lead Time	The lead time unit, which could be “Days”, “Weeks”, “Months” or “Years”.

The system displays the following in the “Analysis Classification & Movement Strategies” and “Part Analysis Classification” group box.

ABC Class

This analysis is based on the earlier consumption records of the part. Parts are usually classified into three types in the decreasing value of its annual consumption. The principle of this analysis holds that by controlling lower consumption value items, one can save effort and money. Parts could be classified as “A”, “B” or “C”.

A – represents 10% to 20% of the number of parts and 50% to 70% of the total consumption value.

B – represents 20% of the number of parts and 20% of the total consumption value.

C – represents 60% to 70% of the number of parts and 10% to 30% of the total consumption value.

XYZ Class

This analysis is based on the current stock value. Parts are classified into three types based on their inventory value. Value percentage can be specified for the respective classes. The part classification could be “X”, “Y” or “Z”.

FSN Class

This analysis is based on the movement of the stock from the inventory. The average stay of the stock and its consumption rate are taken into account while doing this analysis. This classification could be “F”, “S” or “N”.

F – represents fast moving items.

S – represents slow moving items.

N – represents non-moving items.

VED Class

This analysis is done based on the relative importance of the item with respect to the other in the day - to - day operations. The items are classified based on the perception and experience of the user. The categories could be “V”, “E” or “D”.

V – represents vital items.

E – represents essential items.

D – represents desirable items

The system displays the following fields in the “Analysis Classification & Movement Strategies” and “Default Stock Movement Strategies” group box:

Placement Strategy

The method of placement of the part in the zone or bin. The system displays one of the following options:

Storage Proximity – indicates the stocking position of Zones or Bins, which could be “Near”, “Medium” or “Far”.
Existing Stock Addition - indicates that the part can be added to the existing stock available in zone or bin.
Next Empty Storage – indicates that the part can be moved to the subsequent vacant zone or bin.
Manual - indicates that the part can be placed manually.

Allocation Strategy

The allocation strategy in which the parts must be picked on issuing from the stocking location. The system displays one of the following options:

LIFO - (Last In First Out) - Indicates that the part must be issued at the latest receipt. Issues thereafter are made at previous receipts.
FIFO - (First In First Out) – Indicates that the part must be issued at the earliest receipt. Issues thereafter are made at recent receipt. This option is displayed only when the part number is "Lot controlled", "Serial controlled" or "Both".
Min Remaining Shelf Life – Indicates that the part must be issued based on its shelf life or expiry value, which could be in terms of years, months, weeks or days.
Min Remaining Life – Indicates that the part must be issued based on its minimum remaining life. This option is displayed for parts of type “Component” and which is "Lot controlled", "Serial controlled" or "Both".
Max Remaining Life – Indicates that the part must be issued based on the maximum remaining life.
Min Lot – Indicates that the part to be issued is lot number controlled, as defined in the “Create Parts Main Information” activity of the “Part Administration” business component.
Min Zone/Bin – Indicates that the part must be issued based on the minimum Zone/Bin capacity.
Max Zone/Bin – Indicates that the part must be issued based on the maximum Zone/Bin capacity.
Manual – Indicates that the part is issued manually from the warehouse.
Earliest Certificate Date – Indicates that when a part is requested through MR, issue must be created for the part having the earliest certificate date.

The system displays the following fields in the “Usage Details” group box:

Usage Details group box

Indicates the purpose for which the part must be used in a location. A part can have multiple usage. It could be one of the following:

For Maintenance / Manufacturing – indicates that the part is used for maintenance / manufacturing.

For Sale – indicates that the part is for selling purposes.

For Loan – indicates that the part can be loaned to another organization unit within the company.

For Pool – indicates that the part belongs to a common storage from which the various organization units can use it.

The system displays the following fields in the “Source Details” group box:

Source Details group box

Indicates the source from which the part can be obtained in a location. It could be “Purchase”, “Sub contracted”, “On Loan”, “Pooled” or “On Exchange”.

Make - Indicates that the part can be manufactured.
Purchase – indicates that the part has to be purchased.
Sub-Contracted – indicates that the part has to be sub-contracted.
On Loan – indicates that the part is obtained on loan.
From Pool – indicates that the part is obtained from the common storage.
On Exchange – indicates that the part is obtained on exchange.

The system displays the following fields in the “Other Details” group box:

Other Details group box

Indicates certain general characteristics of the part. A part can have multiple general characteristics, could be one of the following:

Allocable - Indicates that the part can be hard allocated. Hard Allocation refers to the locking of the part for issue transaction. This ensures that the part is available for issue at the time it is required during a day.

Storage Allocation Mandatory – indicates that the special storage facility is mandatory for the part.

Back Flushing Required – indicates that the part is a back flushable item. Back flushing means that the inventory stock is reduced, based on the production count of the assemblies produced.

Hazardous – indicates that the part is dangerous while handling.

On Warranty – indicates that the part is under warranty

QC Clearance Required – indicates that the part requires a quality control clearance.

Float Computation Appl.? – Indicates whether the part is applicable for Float Computation

The system displays the following in the “Scrap Info” group box:

Scrap Note Process

The mode of generation of the scrap note. The system displays one of the following options:

Auto Initiation – The scrap note is automatically generated from the Shop Work order business component.
Manual – The scrap note is created manually from the Scrap Note business component.
Not Applicable – The scrap note is not generated manually or automatically.

Action on Phase-Out

The action to be taken on the part when the part is declared as “Phased-out”.

Generate PR – A purchase request is automatically generated, when the condition of a part is declared as “Phased Out”.
None – No action is taken, when the condition of a part is declared as “Phased Out”.

The system displays the following fields in the “Hazardous Details” group box:

HAZMAT ID	A unique ID representing the dangerous goods or Serial number assigned to the article or substance. This can be UN Number. Example;. UN 2793
Packing Type	Packing Type are assigned in accordance with the Hazmat Class, Packaging Group, Transport Mode etc . Example: Plastic Drum, Boxes, Bags , Wooden or Fiber Board.
Limited Quantities	Maximum quantity per packaging or maximum quantities for transporting dangerous goods.
HAZMAT Class	Substances (including mixtures and solutions) and articles of HAZMAT are assigned to classes according to the hazard or the most predominant of the hazards they present. Example; Explosives ,Gases ,Flammable Liquids ,Flammable Solids, Oxidizing substances, Toxic Substances, Radioactive, Corrosive substances, Miscellaneous substances.
Shipping Name	The name accurately describing the dangerous goods. Example; Ethyl Alcohol.
Packing Group	Packing groups are assigned in accordance with the degree of danger the HAZMAT present: Example: Substances presenting high danger; medium danger, and low danger
Packing Instruction	Includes the additional packaging Instruction, Labeling Instruction, Documentation Instruction etc which may be used for the transport of substances and articles.
Handling Instruction	Indicates the handling guidelines which need to be adhered during handling of substances and articles.
File Name	The name of the file Help facility available.

The system displays the following fields in the “Default Storage Details” multiline:

Location

The organizational unit in which the part is stocked.

Default Warehouse	The warehouse, where the part is stored by default.
Transfer Processing Location	The organizational unit where the stock transfer must be processed.
Transfer From Location	The location to which the part can be transferred.
Sourcing Warehouse	The warehouse to which the part can be transferred.

The system displays the following in the “Record Statistics” group box:

Created By	The login ID of the user who recorded the planning information of the part.
Created Date	The date on which the planning details were recorded.
Last Modified by	The login ID of the user who last modified the planning information of the part.
Last Modified Date	The date on which the planning details were last modified.

To proceed, carry out the following

Select the “View Purchase Information” link at the bottom of the page to view the purchase details of the part.
Select the “View Sales Information” link at the bottom of the page to view the sales details of the part.
Select the “View UOM Conversion” link at the bottom of the page to view the UOM conversion details of the part.
Select the “View Replenishment Planning Parameters History” link at the bottom of the page to view the replenishment details.
Select the “View Additional Valuation Information” link at the bottom of the page to view the Additional valuation information of the part.
Select the "View Part Manufacturing Information" link to view the manufacturing information for a part.

Note: This page can be invoked only if the valuation information is defined for the part in the “Edit Additional Valuation Information” page of the current business component.

Select the “View Associated Doc. Attachments” link at the bottom of the page to view the documents associated with the part from the “Object Attachments” repository.
Select the "View Additional Information” link at the bottom of the page to view the additional information of the part.

Viewing planning details of the part – An overview

You can also view the analysis classification details of the part.

The various methods for stock analysis are:

ABC Analysis
XYZ Analysis
FSN Analysis
VED Analysis

ABC Analysis

ABC analysis is analysis of parts based on ABC classification. The parts are classified into three types called A, B and C in decreasing value of the annual consumption value. ‘A’ class part usually represent 10% to 20% by the number of parts and 50% to 70% by the total consumption value. ‘B’ class parts usually represent 20% by the number of parts and 20% by the total consumption value. The ‘C’ class parts represent 60% to 70% by the number of parts and 10% to 30% by the total consumption value. The ABC principle states that effort and money can be saved through applying looser control to the lower consumption value items than that will be applied to higher consumption value inventory.

The ABC analysis is based on the past consumption data.

XYZ Analysis

XYZ analysis is done based on the current value of stock in Inventory. Parts are classified into three types based on their inventory value: X Class, Y Class and Z Class. The user can specify the value percentage for the respective classes. The current stock value is calculated for each part and based on the percentage specified, the parts are classified into different classes.

FSN Analysis

FSN Analysis aims at classifying parts on the basis of their movement from Inventory. Here the parts are classified as Fast, Slow and Non-moving. The factors that are taken into consideration are the Average stay of the part in Inventory and the consumption rate of the part.

VED Analysis

VED Analysis aims at classifying parts in the Inventory on the basis of their relative importance with respect to each other in the day to day operations in the location. The different categories to which the parts in a location are classified are “Vital”, “Essential” and “Desirable”. This classification is dependent purely on the perception and experience of the user and is specified during the creation of the part into the system.