Items - Shrink Factor

Enter the percentage factor by which you wish to increase the quantity of the planned job or order to compensate for expected loss prior to receiving an item to the stockroom. The system decreases the outstanding receipt of the planned job or order by the same amount.

Note: You can determine the appropriate shrink factor by evaluating historical records that show the amount of scrap reported at the job item level. Use the Job Transactions Report to show historical scrap reported against specific jobs.

You can enter a maximum factor of 0.9999.

Example

If you want this amount to be 10%, enter 0.1.