Using Consignment Stock at our Warehouse—Exercises
IMPORTANT |
It is extremely important that you set up and work within your own
site to maintain your data integrity. If you work within any other
site, you will compromise your own exercise data as well as the data of
other students. Predictable exercise results require that your data be
isolated in your own site. |
Basic Data Setup
Purchase/Inventory/Sales Part
Purpose: The purpose of this exercise is to create part
data entries necessary when using the consignment stock functionality.
Windows:
New Part Assistant
- Create XX-58-401 as a purchased, inventory, and sales part by using the
New Part Assistant. Use supplier 5000.
General exercise for Purchased
Part
General exercise for Stored Sales
Part
Inventory Locations
Purpose: The purpose of this exercise is to set up
the basic data required for using the consignment stock functionality.
Windows:
Inventory Locations
- Open the Inventory Locations
window and create inventory
locations of the following types: Arrival, Quality Assurance, and Picking.
General exercise for Entering
Inventory Locations
Setting up Consignment Stock
Purpose: The purpose of this lesson is to set up consignment stock at our own warehouse.
Windows:
Supplier for Purchase Part/General
Supplier for Purchase Part/Inspection Info
Inventory Part/Default Locations
- In the
Supplier for Purchase Part/General tab, select the
Consignment
Stock from the Consignment list.
- In the
Inspection Info tab, click the Receive Case
field to select Receive into Inventory.
- In the
Inventory Part/Default Locations tab, set a picking location as default location.
General exercise for Setting up
Consignment Stock
Main Exercises
Purpose: The purpose of this exercise is to perform the entire flow of consignment stock at
our warehouse, consume some parts, and report the consumption.
Windows:
Inventory Part/Planning Data
Inventory Part Availability Planning
Create Order Proposal
Background Jobs
Register Purchase Order Arrivals
Consignment Consumption
Issue Inventory Part
Purchase Order Receipt/General
You have just set up basic data needed to use the consignment stock at our
warehouse. Now it is time to set the stocking parameters, and issue the first
supply order.
- Open the
Inventory Part/Planning Data tab, search for your part, and set
the Planning Method
field to C, Safety stock to 2, Order Point to 10, and Order Point Qty to 20.
- Set the Supply Type field to Order.
- Open the Inventory Part Availability Planning
window, and review the availability situation.
- Open the Create Order Proposal dialog window and enter your consignment
part and coordinator ID. Click OK.
- Check in
Background Jobs. Execute the job if it does not
start automatically.
- Refresh the Inventory Part Availability Planning
window,
and notice that a
purchase order is created.
- Select the line, right-click, then click Supply/Demand Details to go to the purchase
order.
- Release the purchase order.
- Open the
Register Purchase Order Arrivals window, and search for your purchase order.
- Select the line, and use the right mouse button option to receive the parts.
- In the receive dialog, click OK to receive the part into your default
location.
- Open the
Purchase Order Receipt/General tab and view the Qty
Consignment field. What is stated in the field?
- Refresh the Inventory Part Availability Planning
window, and review the availability situation.
- The Construction Dept. needs 5 parts for developing a new chassis. Issue
the parts manually.
- Open the
Consignment Consumption window and search for the
part.
- Right-click, then click Notify Supplier - Print Summarized List. Enter
a validity period and click OK.
- Review the report. How many parts were consumed?
- Refresh the
Consignment Consumption window. What is the status
of the consumption line?
You and your supplier have decided to transfer the refill responsibility to
the supplier.
- Open the
Inventory Part/Misc Part Info tab, and select the VMI (Vendor Managed
Inventory) check box.
- Verify that our system will not reorder by issuing parts until the
available stock level is below the order point, and then run
Create
Order Proposal for the part.