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 Procurement Data

The following fields are available to you on the Procurement tab page:

Procurement

Use to define...

Procurement type

How the product is procured (external procurement, in-house production, external or in-house production, external procurement planning)

Planned delivery time

The number of calendar days required to acquire the product or service through external procurement

Cost function

Used by the optimizer to calculate the cost of procuring, producing, or transporting fluctuating product quantities defined in intervals via the maintenance function

Procurement costs

All costs incurred in the procurement of the product

Product storage costs

Used by the heuristic and optimizer to calculate how much it costs to store the product in the associated storage resource (warehouse) per base unit of measure

Safety stock penalty

The penalty costs incurred if there is a shortfall below the safety stock