The Simple Reorder Levels screen appears as follows:
Reorder Quantity is the
quantity which has to be maintained in stock at any given point of time and if
stock goes below the re-order quantity, order has to be placed for the same.
Example: Reorder quantity is set to 10 numbers, and if the stock balance
comes to 9 numbers then the order has to be placed to match the re-order quantity
Enter the level/quantity in
the Reorder quantity field.
Minimum Order quantity
This indicates the minimum quantity that has to be ordered in each
order raised for that stock item, even though the required quantity is less
than the minimum re-order quantity.
Example: Reorder quantity is set
to 10 numbers, and minimum reorder quantity is set to 15 numbers and if the
stock balance comes to 9 numbers then the order has to be placed for minimum of
15 numbers and nothing less than that can be ordered even though minimum stock
to me maintained is only 10.
Specify the minimum order quantity required based on economical
order lot predetermined.
In Simple Reorder Levels screen, the consumption alternatives will not be available and
hence you have to input the only the quantities. i.e., the options that you
have in the above mode are to define Reorder Quantity and Minimum Order
If you have used Advanced Reorder options earlier, click Simple Reorder button, to specify simple reorder levels.
The options available in the Reorder Levels screen are as follows :
R : Adv Reorder
Press Alt+R to toggle to Advanced Reorder Levels screen.
M : Adv Min Qty
Press Alt+M to toggle to Advanced Minimum Order