Setting Stock Analysis Parameter

This activity allows you to set the various parameters for performing stock analysis.

Select the “Set Stock Analysis Parameters” link under the “Stock Analysis” business component.

The “Set Stock Analysis Parameter” page appears.

The system displays the following field:

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.

Enter the following fields in the “Settings For ABC Analysis” group box, to specify the limiting consumption value of a part to be classified under the “A”, “B” or “C” class:

A Class %	The consumption value of a part to be classified as “A” class (Integer). Enter the value in percentage.
B Class %	The consumption value of a part to be classified as “B” class (Integer). Enter the value in percentage.
C Class %	The consumption value of a part to be classified as “C” class (Integer). Enter the value in percentage.

Note: Ensure that the sum total of all the consumption values entered in percentage is equal to “100”.

Note: Ensure that consumption value entered in percentage for “A Class” is greater than “B Class” and “C Class”. Similarly the consumption value entered in percentage for “B Class” should be greater than “C Class”.

Enter the following fields in the “Settings For FSN Analysis” group box, to specify the limiting value for a part to be classified under the “Fast Moving”, “Slow Moving” or “Non Moving” class:

Average Stay for F Class	The average stay in the inventory for a part to be classified as fast moving (Integer). Enter the value in percentage.
Average Stay for S Class	The average stay in the inventory for a part to be classified as slow moving (Integer). Enter the value in percentage.
Average Stay for N Class	The average stay in the inventory for a part to be classified as non-moving (Integer). Enter the value in percentage.

Note: Ensure that the sum total of all the values entered in percentage for the average stay of a part in the inventory, is equal to “100”.

Note: Ensure that the value entered in percentage for “Average Stay for F Class” is lesser than “Average Stay for S Class" and “Average Stay for N Class”. Similarly, the value entered in percentage for “Average Stay for S Class” should be lesser than “Average Stay for N Class”.

Consumption Rate for F Class	The consumption rate of a part to be classified as fast moving (Integer). Enter the value in percentage.
Consumption Rate for S Class	The consumption rate of a part to be classified as slow moving (Integer). Enter the value in percentage.
Consumption Rate for N Class	The consumption rate of a part to be classified as non-moving (Integer). Enter the value in percentage.

Note: Ensure that the sum total of all the values entered in percentage for the consumption rate of a part, is equal to “100”.

Note: Ensure that the consumption rate entered in percentage for “Consumption Rate for F Class” is greater than “Consumption Rate for S Class" and “Consumption Rate for N Class”. Similarly, the consumption rate entered in percentage for “Consumption Rate for S Class” should be greater than “Consumption Rate for N Class”.

Enter the following fields in the “Settings For XYZ Analysis” group box, to specify the limiting current value for a part to be classified under the “X”, “Y” or “Z” class:

X Class	The current value for a part to be classified as “X” class (Integer). Enter the value in percentage.
Y Class	The current value for a part to be classified as “Y” class (Integer). Enter the value in percentage.
Z Class	The current value for a part to be as classified “Z” class (Integer). Enter the value in percentage.

Note: Ensure that the sum total of all the current values entered in percentage is equal to “100”.

Note: Ensure that the current value entered in percentage for “X Class” is greater than “Y Class" and “Z Class”. Similarly, the current value entered in percentage for “Y Class” should be greater than “Z Class”.

Enter the following in the “Execution Options” group box:

Part Filters to Update Part Classification

Use the drop-down list box and set the field to “Allowed”, to enable part filters such as Part Category, Part Group, Part Type and Expense Type to update the part classification details in the “Part Administration” business component. Else, select “Not Allowed”.

The system displays “Not Allowed” by default.

Valuation Method for Revenue Type Components

Use the drop-down list box to select the valuation method for components with expense type “Revenue”. The valuation method could be "Standard Cost", "Issue Cost" or "Acquisition Cost".

The system displays “Standard Cost” by default.

Click the “Set Parameters“ pushbutton to update the stock analysis parameters.

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

Last Modified By	The name of the user who last modified the parameters.
Last Modified Date	The date on which the parameters were last modified.