ROP Factors

Descriptions of the fields and buttons on the ROP Factors screen of the Product Management tab are provided in the following table.

Note: To access the ROP Factors screen, you must have the proper security privileges. Either the Product Maint (Global) job function or the Product Maint (Warehouse) job function needs to be assigned to one of your roles. Roles are assigned to users in the User Maintenance on the Security Maintenance screen of the Vision Configuration tab. For more information, refer to About roles and job functions.

Field or button

Description

ROP Factors

Warehouse

This column contains a list of warehouses that contain the warehouse product record for the selected product. Only warehouses that have an inventory class of sellable inventory are included.

Stock Type

This column shows the stocking indicator for the warehouse product.

Note: ROP factors can be established for stock or temporary products only. In most cases, you would not want to modify the ROP factors of a temporary product; however, you are allowed to do so if necessary.

Safety Stock

This column indicates the safety stock quantity, which is the low point for reorder point calculations.

For more information, refer to the glossary description of safety stock quantity.

ROP

This column indicates the reorder point quantity, which is the mid-level point for reorder point calculations.

For more information, refer to the glossary description of reorder point.

Line Point

This column indicates the linepoint quantity, which is the high point for reorder point calculations.

For more information, refer to the glossary description of linepoint.

Freeze Date

To set a freeze date for the warehouse product's safety stock quantity, reorder point quantity, and linepoint, type the last date that the manually entered ROP factors should be used during End-of-Month processing and during on-demand ROP/EOQ recalculations (or click the arrow to select the date from the calendar). To use this date, select the check box for this date.

If you have a product in your system that has not generated enough usage (that is, if few or any customer orders have been placed for this product in a particular warehouse), you may want to manually set up quantities for the ROP factors on the ROP Factors screen and set what is known as the freeze date. Before the system calculates the ROP factors for a product in a warehouse during End-of-Month processing and during on-demand ROP/EOQ recalculations, the system checks for a freeze date for the warehouse product:

  • If a freeze date exists and it is sometime in the future, then the system does not recalculate the ROP factors for that warehouse product; instead, it uses the quantities manually set up on the ROP Factors screen.

  • If a freeze date does not exist, or if the freeze date established is today or in the past, then the system continues processing with the standard calculations for the ROP factors of the product.

Note: To set a freeze date for a product in a particular warehouse, you must enter a quantity in at least one ROP factor field — Safety Stock, ROP, or Line Point. Also note that you cannot select a freeze date from the past.

For more information, refer to Set up or modify ROP factors for a product.

Accept

Click this button to save any changes that you have made.

Cancel

Click this button if you do not wish to save the changes that you made, and you wish to revert to your previous information.

 

Related Topics

Sample screen shot: ROP Factors

Working with the Product Management tab