Basic information
In this box you enter basic information, planning settings, and other settings for the part. Here you decide if and how the part should be requirement planned. Annual volume is displayed in the unit selected on the main row, and the values are displayed in the company currency.
Annual volume
The annual volume is the expected annual consumption registered for the part. Under Value you will see: annual volume × standard price. A tooltip displays the most recent date of the update of annual volume. The annual volume can be calculated in the Calculate annual volume procedure.
If you enter an annual volume, the fields regarding work days for safety stock, order quantity, and minimum quantity become available in the box Planning settings
A number of different settings in the part register, such as reorder point and safety time. These settings function as information about the part and are used during requirement calculations in the system.. This means that you, by using annual volume, can see for how many days the quantity of a part will be sufficient.
If you no longer manufacture the part or if it has been taken out of stock, you should set the annual volume to 0, since these do not have to be included in the requirement calculation.
Daily pace
The annual volume is also used to get a value for Daily pace Daily pace is the consumption per day of a specific part.: annual volume ∕ days worked per year. The number of days worked per year that applies in the company is determined by the system setting Number of work days per year. Under Value you will see: daily pace × standard price.
Throughput time
This applies to the Manufactured part type. For a manufactured part it is possible to enter a Throughput time The throughput time is the time it takes to manufacture a part from the material withdrawal and the start of the first operation to the delivery of the finished and quality-approved part. The throughput time is part of the lead time. In principle, it consists of transport times, queuing times, setup times and production times.. This is the time between the first operation's planned start date and the final operation's planned finish date. If you enter a value here, this will override the color coding and viewing in the planning window. If the field is empty (default), the throughput time for the most recent calculation will be used. The throughput time for manufactured parts is calculated in pre-calculations, and the value from the most recent calculation is displayed in the field to the right. Please note! You have to save a calculated price to a price in order to save the throughput time. Regarding manufacturing order suggestions, one throughput time is calculated for each suggestion. This is why the throughput time may differ from one suggestion to another.
Lead time
This applies to the part types Purchased, Fictitious, and Service. It is possible to enter a general Lead time for parts of the part types mentioned. The lead time is the time that it normally takes from when the part is ordered until it is available in stock. Lead time is available as variable for when calculating safety stock in the Planning formulas procedure. The lead time can be overridden per supplier in supplier links of the part.
Planning method
(Does not apply to part type Service The planning method for a purchased/manufactured/fictitious part can be Net requirement, Stock refill, or Physical.
- Net requirement – This means that a net requirement will be made for the part and this creates order suggestions to cover shortages if the balance falls below the safety stock. This might be shortages created by reservations from customer orders, manufacturing orders, manufacturing order suggestions, forecasts, etc.
- Stock refill – This alternative means that the part is planned based on a fixed reorder point.
- Physical – This alternative means that you manually check if purchase or manufacturing is needed for the part. No requirement calculation is made. This method is normally used for purchased parts which are "bucket parts", consumables, etc. It can also be used for manufactured parts, for example in a small company with uncomplicated manufacturing where they manufacture when they sell parts from stock. Parts with this planning method do not require updated planning settings since Monitor ERP will not be used to calculate requirements.
Control method
(Does not apply to part type Service If you have selected Net requirement as planning method for the part, you can select Order oriented (default) or Stock driven as control method. If the planning method is set to Stock refill, the control method will always be stock driven. If you have selected Physical as planning method, this field will be inactive. The control method determines the lot sizing rules that can be selected for the part.
- Order oriented – With this rule, the quantity to be manufactured or purchased is determined by the quantity required for existing customer orders and manufacturing orders. If there are no orders that create requirements, no manufacturing/purchase will be made.
- Stock driven – With this rule, the quantity to be manufactured or purchased is determined by the availability in stock, and the requirements from existing customer orders and manufacturing orders, plus order quantity and safety stock entered for the part. If you select a stock driven part it is still possible to select that a specific manufacturing order or purchase order can be created from a customer order row, but then without a link (see below).
Allow to create manufacturing order/purchase from customer order (no link will be created)
(Does not apply to part type Service This setting is only available for manufactured parts and purchased parts that are stock driven. If this setting is activated, a manufacturing order/purchase order can be created from the customer order even though the part is stock driven. It is possible to modify the manufacturing order/purchase order that is created from the customer order row. The purpose of this can for example be if you already have a quantity of the part in stock, which makes it unnecessary to manufacture/purchase as many as you are about to sell. Then you want to be able to create a manufacturing order/purchase order directly and not have to go via the requirement calculation.
Please note that in these cases no link will be created to the manufacturing order/purchase order you select to create from the customer order row.
Lot sizing rule
(Does not apply to part type Service The lot sizing rule determines the suggested order quantity when shortage occurs. If you have selected Order oriented as control method, you can here select Lot-for-lot or Linked requirement. If you have selected Stock driven as control method, you can here select Fixed order quantity or Period requirement. If the planning method Physical is selected, the lot sizing rule will be No requirement calculation.
- Lot-for-lot – This lot sizing rule generates one order suggestion per day where the quantity matches the quantity of the requirements/shortages. Structure explosion will take place. The part's balance and other purchases might be a supply. If you from the customer order row select to create a manufacturing order or purchase order, then a link will be created in the same way as when using the lot sizing rule Linked requirement.
- Linked requirement – This lot sizing rule generates linked order suggestions where the quantity matches the quantity of each requirement/shortage. Structure explosion will take place. Only the linked order will form a supply, that is, a customer order can only be delivered after its generated order has been reported as finished or arrival reported. When using this lot sizing rule you will receive a warning in case the part already has a balance or orders, such as manufacturing orders or purchase orders, in the planning window. These balances and orders will not be considered as a supply, which makes it not suitable to use Linked requirement. A check is made during all reporting so that no negative balance occurs on parts with lot sizing rule Linked requirement.
- Fixed order quantity – This lot sizing rule generates order suggestions based on the part’s order quantity.
- Period requirement – This lot sizing rule generates a common/mutual order suggestion for all shortages within the period.
- No requirement calculation – When using this alternative, the part will not be included in the requirement calculation and net requirement calculation.
