Cycle/Cost tab

Use this tab to define the cycle class and costs associated with an item.

You can specify this information on the Cycle/Cost tab:

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.