Defining Cycle Counting Classes for Products
In the Inventory Options list, you can define the configuration parameters related to cycle counting (the cycle counting classes) for products. The Allocate Below Safety, Auto Allocate, and Auto Substitute fields in this list do not apply to cycle counting or replenishment.
This task is a step in Process of Administering Cycle Counting.
To define cycle counting classes for a product
Navigate to Administration - Product screen, then the Products view.
Select a product record, and click the Service Information view tab.
On the link bar, click Fulfillment.
In the Inventory Options list, select an existing record, or add a new record, and complete the fields as appropriate.
Some fields are described in the following table.
Field Comments Inventory Type
Select an inventory type for the product.
Class ABC
Select the financial-value classification of the product. Values include A, B, and C. Class A has the highest financial value.
Class XYZ
Select the turnover-rate classification of the product. Values include X, Y, and Z. Class X has the highest turnover rate.
Note: A product can have any combination of class ABC and XYZ values (for example, an A value and a Y value). However, cycle counting must be based on either ABC or XYZ, not both.