Can't thank you enough....
________________________________
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of cooner_55421
Sent: Thursday, February 03, 2011 11:12 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Stock / Non-stock parts
One last thing.
When we were going live, I did not realize the cost accounting implications regarding NonStock vs Stock.
It can be especially significant to us because we have jobs that feed other jobs. A nonstock job/part goes directly to the next job. i.e. it never goes into inventory. This means the PART COST is never updated.
Also beware of mixing average cost and nonstock parts. It doesn't work.
________________________________
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of cooner_55421
Sent: Thursday, February 03, 2011 11:12 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Stock / Non-stock parts
One last thing.
When we were going live, I did not realize the cost accounting implications regarding NonStock vs Stock.
It can be especially significant to us because we have jobs that feed other jobs. A nonstock job/part goes directly to the next job. i.e. it never goes into inventory. This means the PART COST is never updated.
Also beware of mixing average cost and nonstock parts. It doesn't work.
--- In vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>, "cooner_55421" <cooner_55421@...> wrote:
>
> If I have inventory, uncheck the nonstock box to have the system "automatically" start using up that inventory. It is the easiest.
>
> You could leave it as nonstock and intervene manually. But there is a lot of fiddling. SO, PO, Jobs, and depending if it is a Purchase Part or a Make part.
>
> --- In vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>, Paul Smith <psmith@> wrote:
> >
> > Thanks another quick question, if you have a part that has now become a stocked part (due to min buys) I assume the check box to stocked should be checked, I guess what I am asking is can you effectively use vantage if you are not maintaining the stock \ non-stock review. Again thanks in advance.
> >
> >
> >
> >
> > ________________________________
> > From: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com> [mailto:vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>] On Behalf Of cooner_55421
> > Sent: Thursday, February 03, 2011 10:48 AM
> > To: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>
> > Subject: [Vantage] Re: Stock / Non-stock parts
> >
> >
> >
> > Here are a couple things:
> >
> > NonStock vs Stock will specify how demand will be addressed by the system.
> > Demand for a NonStock will = PO BuyDirect or Job MakeDirect
> > Demand for a stock part = Inventory (indirect PO's or Jobs)
> > Also, cost accounting mechanics are a little different between Stock and NonStock.
> >
> > Note: You can have NonStock parts with inventory but...
> > New Demand/MRP will ignore that inventory. The system will create new direct POs' or Jobs.
> >
> > --- In vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com><mailto:vantage%40yahoogroups.com>, Paul Smith <psmith@> wrote:
> > >
> > > Some help from the group please for a Vantage 6.0 user
> > >
> > > Currently we have no strategy at all for stocked/ non-stocked material. The check box identifying material as stock non-stock is randomly checked. I know from reading the help file that checking this box impacts setting in vantage as well as not checking the box. My question is exactly what is the objective of selecting a part stocked, what is difference between a stocked or non stock part as it pertains to material flow through the system. Thanks in advance.
> > >
> > >
> > > Paul Smith
> > > Inventory Management
> > >
> > >
> > >
> > >
> > > ________________________________
> > >
> > >
> > > The information contained in this message is intended solely for the individual it is specifically and originally addressed. This message and its contents may contain confidential or privileged information. If you are not the intended recipient, you are hereby notified that any disclosure or distribution, or taking any action in reliance on the content of this information is strictly prohibited. If you received this message in error, please delete it from any computer and notify the sender. If you suspect that this message may have been altered, please notify the sender.
> > >
> > >
> > > [Non-text portions of this message have been removed]
> > >
> >
> >
> >
> >
> >
> > ________________________________
> >
> >
> > The information contained in this message is intended solely for the individual it is specifically and originally addressed. This message and its contents may contain confidential or privileged information. If you are not the intended recipient, you are hereby notified that any disclosure or distribution, or taking any action in reliance on the content of this information is strictly prohibited. If you received this message in error, please delete it from any computer and notify the sender. If you suspect that this message may have been altered, please notify the sender.
> >
> >
> > [Non-text portions of this message have been removed]
> >
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________________________________
The information contained in this message is intended solely for the individual it is specifically and originally addressed. This message and its contents may contain confidential or privileged information. If you are not the intended recipient, you are hereby notified that any disclosure or distribution, or taking any action in reliance on the content of this information is strictly prohibited. If you received this message in error, please delete it from any computer and notify the sender. If you suspect that this message may have been altered, please notify the sender.
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