This procedure is one of many that you can use to complete the registration of a inventory part. It is used to enter data about supply, lead times, and other related matters.
To be able to create Intrastat (within the European Union only) and customs reports, the inventory part must be associated with a customs statistic number. Information about net weight for each part must also have been entered. If parts under one customs statistic number should be reported in a unit other than that used for the actual net weight, you can enter a conversion factor.
However, all the information might not be required on all occasions. Depending on the area of use of the inventory part, you might need to specify some values, but not all.
Additional data about supply, lead times, and other related matters are entered.