Recording Usage, Source and Storage Details tab for quick parts

Select the “Usage, Source and Storage Details” tab in the "Create Quick Parts" page .
Enter the following fields in the “Default Stock Movement Strategies” group box

Placement Strategy

Use the drop down list box to set the method of placement of the part in the zone or bin. The system lists 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. The system displays “Manual” by default.

Allocation Strategy

Use the drop-down list box to specify the allocation strategy. The system lists the following strategies in which the parts must be picked on issuing from the stocking location

LIFO - (Last In First Out) - Indicates that the part must be issued at the latest receipt. Issues thereafter are made at previous receipts. A strict chronological order is followed.
FIFO - (First In First Out) – Indicates that the part must be issued at the earliest receipt. Issues thereafter are made at recent receipt. A strict chronological order is followed.
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. Ensure that the part is defined as ‘shelf life
Min Remaining Life – Indicates that the part must be issued based on its minimum remaining life.
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,
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. The system displays "Manual" by default.
Earliest Certificate Date – Indicates that when a part is requested through MR, issue must be created for the part having the earliest certificate date.

Note: The allocation strategies “LIFO”, “FIFO” or “Min Remaining Shelf Life”, can be selected only if the part number specified in the “Part Information” group box is lot-controlled or serial-controlled, or both lot-controlled and serial-controlled.

Note: Ensure that the allocation strategy for the part is not set as “Manual”, if the “Allocable” box is checked.

Check the appropriate box under “Usage” in the “Usage & Source Details” group box, to indicate the purpose for which the part must be used in a location:

or Sale	Check this box to indicate that the part is used for sale purpose.
For Maintenance	Check this box to indicate that the part is used for maintenance purpose. The system ensures that only this field is checked, if the “Non-Stockable” field is set as “Yes”

Note: If “Reference Status” is “Active”, this box appears checked by default.

For Loan	Check this box to indicate that the part can be loaned.
For Pool	Check this box to indicate that the part belongs to a common storage from which the various organization units can use it.

Note: At least one box under “Usage” must be checked.

Check the appropriate box under “Source” in the “Usage & Source Details” group box, to indicate the source from which the part can be obtained in a location.

Purchase

Check this box to indicate that the part has to be purchased. The system ensures that only this field is checked, if the “Non-Stockable” field is set as “Yes”

Note: If “Reference Status” is “Active”, this box appears checked by default.

SubContracted	Check this box to indicate that the part has to be sub-contracted.
On Loan	Check this box to indicate that the part is obtained on loan.
From Pool	Check this box to indicate that the part is obtained from the common storage.
On Exchange	Check this box to indicate that the part is obtained on exchange.

Note: At least one box under “Source” must be checked.

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

Stocking Location

The organizational unit in which the part is stocked.

Enter the following fields in the “Default Storage Fields” group box.:

Default Warehouse	The warehouse, where the part is stored by default (Alphanumeric, 10). Mandatory. The warehouse must have been defined in the “Create Warehouse Information” activity of the “Storage Administration” business component and must be in “Active” status. Help facility available.
Transfer Processing Location	The organizational unit where the stock transfer must be processed (Alphanumeric, 256). It is mandatory to enter the transfer processing location if the “Replenishment Activity By” field is set to “Stock Transfer”. Help facility available
Transfer From Location	The location to which the part can be transferred (Alphanumeric, 256). Help facility available
Sourcing Warehouse	The warehouse to which the part can be transferred (Alphanumeric, 10). Help facility available. Ensure that this warehouse is capable of stocking the part of this part type, as defined in the “Storage Administration” business component.

To proceed

Select the “Basic Details” tab to record the main details of the part.
Select the “Maintenance Details” tab to record the maintenance details for the part.
Select the “Planning Information Details” tab to record planning details for the part.

Select the “Purchase and Sales Information” tab to record the purchase and sales information for the part.