Entering Finished Goods Information (WFGD)

Overview: A finished good is an item that requires assembly prior to picking and packing and is comprised of one or more component items that may also be sold individually, or of raw materials that are used only as components of a finished good. An item record must exist for each component item, including raw materials (so that you can track inventory and usage).

When an Order Entry operator places an order for a finished good, the components of the finished good do not appear on the Order Entry screen, only the finished good item.

Unit demand (units ordered) is tracked at the finished goods level. Dollar demand is tracked at the finished goods level. For example: the finished good is a sketch kit and its component items are 1 drawing pad, 3 charcoal pencils and 1 erasure. A customer orders the sketch kit for $20.00. Units ordered for the finished good increase by 1, and dollars ordered increase for the finished good by $20.00.

To assemble a finished good, you must perform a make up finished good inventory transaction (transaction code = M) which increases the quantity of the finished good and decreases the quantity of its component items. You can also reserve component items while you assemble the finished good through the finished good work order process. See Performing Inventory Transactions for more information on the make up finished good inventory transaction and on the finished good work order process.

Set component upload: You can use the set component upload option to create the Kit header and kit components. See Importing Set Components (WCUP) for information.

In this chapter:

• Work with Finished Goods Screen

• Create Finished Good Screen

• Work with Finished Good Component Items Screen

• Updating the Cost of a Finished Good

• Finished Good Items Average or Standard Cost Updated Report

Work with Finished Goods Screen

How to display this screen: Enter WFGD in the Fast path field at the top of any menu or select Work with Finished Goods from a menu.

Field	Description
Item	The finished good item number. Alphanumeric, 12 positions; optional.
Clr Size Width	The SKU elements. Alphanumeric, three 4-position fields; optional.
Description	The description of the item. Alphanumeric, 40 positions; optional.

Screen Option	Procedure
Create a finished good	Select Create to advance to the Create Finished Good Screen.
Delete a finished good	Select Delete for a finished good to delete it. Note: Deleting a finished good does not delete the item or component items, just the association (link) between the two.
Work with finished good components	Select Work with for a finished good to advance to the Work with Finished Good Component Items Screen.

Create Finished Good Screen

Purpose: Use this screen to create a finished good.

How to display this screen: At the Work with Finished Goods Screen, select Create.

Field	Description
Finished good	The finished good item/SKU. The item’s Kit type field must be set to F. Item: alphanumeric, 12 positions; required. SKU: three 4-position fields; required if the item has SKUs.

Work with Finished Good Component Items Screen

Purpose: Use this screen to add, change, delete, or display component items associated with a finished good (as defined by an F in the Kit type field for the item).

How to display this screen:

• Complete the Create Finished Good Screen.

• Select Work with for a finished good item at the Work with Finished Goods Screen.

• Select Finished Goods for a finished good item at the Work with Items Screen or Work with SKUs Screen.

• Select Display Components for a finished good item at the Display Item/Warehouse Information Screen

Field	Description
Item	A component item that makes up the finished good. Alphanumeric, 12 positions. Work with screen: required. Change screen: display-only.
SKU	The SKU elements used to further define the item. Alphanumeric, three 4-position fields; required if the item has SKUs.
Qty	The number of items that are used to make up the finished good. Numeric, 5 positions; required.
Avail	The total quantity available for the component item. Note: If you advanced to this screen from the Display Item/Warehouse Information Screen, the available quantity reflects the selected warehouse only; otherwise, the quantity reflects all allocatable warehouses. Numeric, 7 positions; display-only.

Screen Option	Procedure
Add a finished good component item	Enter the item code (and SKU information if the item has SKUs) to add the item as a component to the finished good. The item is listed below the other component items in the center of the screen. Note: You cannot add a component if there is an open work order for the finished good. See Finished Good Work Order Processing (WWOR).
Change a finished good component item	Select Change for a component item to advance to the Change Finished Good Component Item Screen. See the Create Finished Good Screen for field descriptions.
Delete a finished good component item	Select Delete for a component item to delete it from the finished good.
Display a finished good component item	Select Display for a component item to advance to the Display Finished Good Component Items Screen. See the Create Finished Good Screen for field descriptions.

Updating the Cost of a Finished Good

Purpose: You can update the cost of a finished good when the cost of one or more of its component items changes by running a periodic function. This periodic function produces the Finished Good Items Average or Standard Cost Updated Report, which lists:

• finished goods the system has updated

• the cost of the finished good before the update

• the cost of the finished good after the update.

The periodic function that updates the cost of a finished good is called PHR0049. See Executing Periodic Processes (EPRO) for more information on periodic processes.