This activity is used to define commodity groups for grouping inventory parts. This optional task is to be performed by a system administrator or an equivalent person.
Inventory parts can be categorized and grouped to simplify handling information used for planning purposes. The values entered on the Commodity Groups page can be used on the Inventory Part page to sort parts and to establish default values for minimum periods.
The use of commodity codes is optional, but you can link as many as two commodity groups to an inventory part. Commodity group 1 on the inventory part record is only used to group similar types of inventory parts; the numerical values in the other fields will not default to the Inventory Part Planning Data page. You can define any type of commodity group to fit your needs, e.g., electronic parts, parts requiring special treatment, materials used in specific processes, or even something as general as plastics.
Commodity group 2 on the inventory part record can also be used to group parts, but is primarily used to retrieve any default values for minimum periods. This data will default to the Inventory Part Planning Data page, where it can be modified. The use of commodity group 2 is useful in the automatic calculation of planning data.
There are no specific prerequisites for this activity.
As a result of this activity: