Thank you for your suggestions. My management like to keep one part
number for purchase as well as consigned due to planning purposes. It
looks like we need to receive customer consign parts with same value as
purchase part then do the reconcile before month end closing by doing
job material cost adjustment for those materials issued from customer
consigned inventory warehouse.
Regards,
Ellappan.
-----Original Message-----
Message: 17
Date: Tue, 10 Jul 2001 14:16:18 -0500
From: "Winter, Patrick" <pjw@...>
Subject: RE: RE: Customer consigned part.
If you perform any type of operation/labor such as repackaging try this
as
an operation on the manufactured part you ship and set it up to
backflush
the purchased part from inventory. Hope this helps.
Patrick Winter
sSc Specialty Screw Corporation
Vantage 5.00.317, Progress 9.1a
-----Original Message-----
From: Eddy, Warren [mailto:warren.eddy@...]
Sent: Tuesday, July 10, 2001 1:28 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] RE: Customer consigned part.
This won't work using the same part number for consigned and purchased.
Using average cost, the inventory will be re-averaged with each receipt,
thus giving value to the consigned inventory and reducing the value of
the
purchased inventory.
Ellappan, as I see it, you will need to have 2 part numbers, one for
consigned and one for purchased. You could use notes in the part file
maintenance and methods maintenance to use the other part. I would set
up
the methods with the part # for the one that will most likely to be used
and
reference the other. I believe Vantage also has a substitute function,
but
we have not had use for this.
There is a saying among APICS people; if the form, fit or function
changes
give it a new part number. This includes cost.
Hope this helps
Warren R. Eddy
Information Services Manager
National Tube Form, LLC
Phone: (219) 478-2363 ext 217
Fax: (219) 478-1043
Warren.Eddy@...
-----Original Message-----
From: Seamus Meagher [mailto:smeagher@...]
Sent: Tuesday, July 10, 2001 12:23 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] RE: Customer consigned part.
Set consisigned part to Std cost of zero.
-----Original Message-----
From: Ellapan [mailto:ellapan@...]
Sent: Tuesday, July 10, 2001 4:23 AM
To: vantage@yahoogroups.com
Subject: [Vantage] RE: Customer consigned part.
Importance: High
Hi All,
I was wondering if anyone had solution for the customer consigned part
with the following scenarios. we are in ver4.0904.
1. We will be receiving a consigned part from customer and we would like
to use the same Part number for consigned as well as Purchase using PO.
2. We would like to receive consigned part for the same part number with
zero cost and move to cosigned warehouse. Those qty's purchased using PO
will be with cost and moved to Inventory warehouse.
3. We are using Average cost.
IF anybody had the same situation, can you share your workaround
experiences.
Advance Thanks for your help,
Best Regards,
Ellappan.
number for purchase as well as consigned due to planning purposes. It
looks like we need to receive customer consign parts with same value as
purchase part then do the reconcile before month end closing by doing
job material cost adjustment for those materials issued from customer
consigned inventory warehouse.
Regards,
Ellappan.
-----Original Message-----
Message: 17
Date: Tue, 10 Jul 2001 14:16:18 -0500
From: "Winter, Patrick" <pjw@...>
Subject: RE: RE: Customer consigned part.
If you perform any type of operation/labor such as repackaging try this
as
an operation on the manufactured part you ship and set it up to
backflush
the purchased part from inventory. Hope this helps.
Patrick Winter
sSc Specialty Screw Corporation
Vantage 5.00.317, Progress 9.1a
-----Original Message-----
From: Eddy, Warren [mailto:warren.eddy@...]
Sent: Tuesday, July 10, 2001 1:28 PM
To: 'vantage@yahoogroups.com'
Subject: RE: [Vantage] RE: Customer consigned part.
This won't work using the same part number for consigned and purchased.
Using average cost, the inventory will be re-averaged with each receipt,
thus giving value to the consigned inventory and reducing the value of
the
purchased inventory.
Ellappan, as I see it, you will need to have 2 part numbers, one for
consigned and one for purchased. You could use notes in the part file
maintenance and methods maintenance to use the other part. I would set
up
the methods with the part # for the one that will most likely to be used
and
reference the other. I believe Vantage also has a substitute function,
but
we have not had use for this.
There is a saying among APICS people; if the form, fit or function
changes
give it a new part number. This includes cost.
Hope this helps
Warren R. Eddy
Information Services Manager
National Tube Form, LLC
Phone: (219) 478-2363 ext 217
Fax: (219) 478-1043
Warren.Eddy@...
-----Original Message-----
From: Seamus Meagher [mailto:smeagher@...]
Sent: Tuesday, July 10, 2001 12:23 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] RE: Customer consigned part.
Set consisigned part to Std cost of zero.
-----Original Message-----
From: Ellapan [mailto:ellapan@...]
Sent: Tuesday, July 10, 2001 4:23 AM
To: vantage@yahoogroups.com
Subject: [Vantage] RE: Customer consigned part.
Importance: High
Hi All,
I was wondering if anyone had solution for the customer consigned part
with the following scenarios. we are in ver4.0904.
1. We will be receiving a consigned part from customer and we would like
to use the same Part number for consigned as well as Purchase using PO.
2. We would like to receive consigned part for the same part number with
zero cost and move to cosigned warehouse. Those qty's purchased using PO
will be with cost and moved to Inventory warehouse.
3. We are using Average cost.
IF anybody had the same situation, can you share your workaround
experiences.
Advance Thanks for your help,
Best Regards,
Ellappan.