This procedure is one from the many you can use to complete the registration of a manufactured/purchased inventory parts. It is used to enter part planning data, which is used by the material requirements planning (MRP), project MRP processes as well as in order proposal calculations in IFS/Inventory.
Some of this information may be required, depending on the planning method that you selected.
When handling manufactured/purchased inventory parts, you can use the planning method B (Order Point Planning) or C (Order Up to Planning) to plan manufactured/purchased inventory requirements using the order proposal calculations. You can use planning method A (Lot for Lot Planning), D (Fixed Order Quantity Planning), E (Least Unit Cost Planning), F (Part Period Balancing Planning), G (Period Order Quantity), H (Buffered Part) and M (Manually Planned - component demand not planned) to plan manufactured/purchased inventory requirements using MRP.
If a purchased inventory part will be manufactured on site at the same time as being purchased, then the manufactured/acquired split should be entered. The supply types entered in the split, override the default supply type. It is important to note that these lot quantity rules in inventory part planning data will not be applied to Make To Order flow.
Additional data are entered, such as part planning data.