Hello all,@pekkan asked an interesting question 2 years ago which was never answered, and for which I’d like feedback on as well.“I was wondering whether somebody has good tips on how to provide our buyers with Inventory turnover figure to purchase requisition line to help them sanity check the future PO line and planning data in general. I’ve been looking at API’s and available views but a good candidate for the information source has not popped up… This information would be really helpful for reducing the inventory levels in long term.” I totally agree this would be great information, either in the Purchase Requisition (PR) or directly within the Purchase Order (PO). Since “Inventory Turnover Rate” runs as a job in IFS, could IFS be set up to pull on past Turnover results to display for a part in a PR or PO?
Hello all, I’d like advice on how to manage this situation in IFS Cloud.We buy SS sheets of 20 ft2, however we use 16 ft2 of the sheet. The issue we currently have is the sheet is purchased in ft2 UoM and the BOM is listing 16 ft2 for production. Hence the production consumes 16 ft2.That said, the remaining 4 ft2 of the 20 ft2 sheet is not necessarily scrap (it can be used for smaller parts or on other BOM).The problem is, when consuming many 16 ft out of 20 ft, the remaining 4 ft2 are cummulating, showing in IFS the total inventory in ft2. So manufacturing could believe we have 16 ft2 to manufacture, when in reality we have 4x 4 ft2, not usable for this BOM (but usable for other BOMs).How can/should this be managed in IFS? I feel our way is not correct, but I’m unsure of the correct way.Thank you!
Hello all,What type of inventory transaction is considered in the calculation of the Issued Value for the calculation of the inventory turnover? Thank you!
Hello all, the IFS Documentation shows this example: What would happen with Planning Method B if there is a demand within the purchase lead time period? For example a customer order reserving 10 inventory units on 26-01-20XY.This would show a Customer Order in Status Reserved for 15 on 26-01-20XY, making the Projected QTY drop from 20 units on 25th to 10 units on the 26th.My understanding for Planning Method B is IFS won’t “see” the future demand of 10 on the 26th and since the Projected Qty is still above the SS (SS=10 in this case), it will not trigger an Order Proposal for a purchase requisition of 16 units (2x 8 lot size) to buy now for arrival on 29.01.20XY. Am I correct?If I am correct, why? I feel this means that if the daily demand for part keeps coming, they are at risk of being out of stock since IFS hasn’t created an order proposal foreseeing that we’ll be below the Order Point in the future. I’m trying to understand in IFS Cloud how to manage inventory taking into account f
Hello community, Two sites we have are in an internal supplier/customer relationship. The problem is they have some parts that are physically the same, however they have different part numbers.I would like to clean this up with a single part number for both.Is there a way that the historic data of the part number I drop is linked to the new part #? Or maybe a way to merge both part # into something new, but with the old data linked to this merged part #?For example, I have part ABC in site 1 and part XYZ in site 2. Both are exactly the same, apart from their part # and site in IFS. If I make part XYZ obsolete in site 2 and I create ABC in site 2, I would still like (as a buyer) to be able to make a search on the quantity of ABC we purchased from site 1 and 2 in the past years and have the data from ABC and historic XYZ (without having to specifically ask to get XYZ data).Does it make sense?
I have question regarding Planning Method B and On Hand quantities.We use planning method B for inventory management on higher volume items. When a customer order line is entered using “Invent Order” as the Supply Code, the parts from stock are reserved. This makes the On Hand Qty remain the same (until shipping the stock, if I understand correctly) and the Availably Qty drop.The issue I have is the Order Proposal is triggered by the On Hand Qty falling below the Order Point, rather than the Available Qty. So if I have 6 months lead time, by the time the On Hand Qty drops below the Order Point, I might already be too late to purchase more stock to avoid back order.Could perhaps someone explain the replenishment process behind Planning Method B and why it uses On Hand Qty instead of Available Qty?Thank you!
Hello IFS community, does anyone know if in IFS 9 it is possible to obtain a report of past backorders per inventory part per site per period? This would be to track how well or poorly our inventory planning has been going and calculate our service level to customers from stock items. Thank you!
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