View usage and demand of parts stocked in stores within your organization. For each part, the system identifies each store to which the part has been issued or from which store the part has been returned, the day through which the part usage occurred, demand, and usage. To know how the system determines usage and demand, see the following formulas:
Usage = Issues - Returns
Demand = Quantity of Outgoing Parts – Quantity of Incoming Parts +/- Physical Inventory
(Outgoing Parts = Issues + Transfers Out + Supplier Returns)
(Incoming Parts = Returns, Transfers In, Receipts, and Stock Initializations)
To view usage and demand of parts:
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Select Materials > Parts.
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Select the part for which to view usage information, and then click the Usage tab.
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Click Generate Usage.
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View the part usage information.
The system displays the following information for each part in the Usage list:
Field
Description
Store
The store for which usage transactions, such as issues and returns, have occurred
Month
The last day through which the usage occurred
The date displayed can never be the current date, because transaction can still occur
or be occurring for the current date.
Usage
The difference between the total issues and the returns for the selected part and store during the given month
Demand
The difference between the quantity of incoming parts, such as receipts, returns, and incoming part transfers, and the quantity of outgoing parts, such as issues, transfers, returns to vendors, and so forth.
Demand also reflects part additions or subtractions due to physical inventories and stock
initialization