Cycle/Cost Tab

  1. Click the Cycle/Cost tab.
  2. Specify this information:

    CYCLE CLASS

    Cycle Class
    Class designation of the item. Options are:
    • A = Fast Mover
    • B = Average Mover
    • C = Slow Mover
    Date Item Last Counted
    Date that the most recent cycle count took place.

    Default value: No date (empty field). Click the Calendar button to select date.

    Last Item Count Release Date
    Date that the most recent cycle count was released for this item.

    Default value: No date (empty field). Click the Calendar button to select date.

    Cycle Count and Physical Inventory Discrepancy Handling Rule
    Rule used to adjust inventory during the cycle count process. Applicable if performing counts at the item-by-location level and the rule is set to any rule other than Standard.
    Each Piece Scan for New Physical Count
    Select the check box to enable each piece scan for a new physical count of an item. Note that this check box is automatically selected if the Default Each Piece Scan for New Physical Count check box is selected on the Processing tab in the Owner screen when a new item is created. Physical count scans are performed using an RF.

    COSTS

    Quantity to Reorder
    Quantity that must be ordered when the reorder point is reached.
    Cost to Order
    Cost to reorder the item.

    Default value: $.00

    Purchase Price per Unit (Each)
    Purchase price for a master unit of the item.

    Default value: $.00

    Reorder Point (Quantity)
    Minimum inventory level of the item for the facility.
    Note:  Infor can modify the application so that the application can issue an inventory reorder request using this field as a trigger point.
    Retail Price per Unit (Each)
    Retail price per master unit of the item. Must be defined for Value Negative Variance and Value Positive Variance to function.

    Default value: $.00

    Carrying Cost per Unit/Year
    Cost the facility incurs to carry the inventory.

    Default value: $.00

  3. Click the Notes tab.
  4. Specify this information:
    UDF1 - UDF-10
    Additional user-defined information about the item.
    Notes
    Additional general information about the item.
    Picking Instructions
    Special instructions to display to the user on the RF Pick screen.