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Reorder Formular
Reorder process creates PR/PO to replenish storeroom stock levels Calculation: consider Reorder Point (ROP) / Economic Quantity (EOQ) / Current Balance (curbal), material reservations, expired stock, on order quantities, vendor catalog pricing, vendor contract Configuration Organization application – Inventory options > Reorder Reorder will consolidate all vendor/contract items onto PR/PO External Request – order placed against an outside vendor Internal Request – order placed against... [More]
Tags:  unit eoq inventory algorithm order mam 7.5 rotating ibmeam maximo reorder rop formular asset materials supply_chain |
Annual YTD Rollover for Inventory Escalation
It is possible to run escalation to rollover annual YTD for Inventory items. In the example below, all the items have the same quantity to make it easy to see the result. ISSUEYTD = 84 ISSUE1YRAGO = 66 ISSUE2YRAGO = 120 ISSUE3YRAGO = 100 Create an escalation to change the quantities Create some actions, and these actions must be in the order created below: Seq 10: INVMOVE2YRTO3YR: MOVE THE 2-YEAR TOTAL TO THE 3-YEAR SPOT Seq 20: MOVE1YRTO2YR: MOVE THE 1-YEAR TOTAL TO THE 2-YEAR SPOT Seq 30: MOVEYTDTO1YTD: MOVE... [More]
Tags:  ytd maximo materials ibmeam 7.5 supply_chain escalation inventory rotating mam asset |
Rotating Items, Rotating Inventory and Rotating Assets...dizzy yet?
I am
often amazed how many times I receive questions regarding Maximo's
rotating inventory functionality. The surprise comes from the fact
that this functionality has been in the product since at least the days of
3.x (maybe earlier...anyone have a copy of 2.1.1 and can tell me?) Many
customers are looking to implement or expand their usage of rotating
inventory so it seemed appropriate to provide a bit more information on
what all this rotating stuff is about. So what
is a rotating item? Functionally, it is an item record that has... [More]
Tags:  7.5 supply_chain materials ibmeam rotating asset mam maximo inventory |
The secret is out: Maximo loves Supply Chain!
Maximo Asset Management v7.5 has been out for nearly eight months. In that time countless users (both existing customers and new prospects) have been discovering the breadth of new functionality that was delivered in this release.
What surprises many in the user base is the full-featured additions to Maximo's supply chain and materials management functionality in this release. The fact is this is the largest increase in new features for this area since version 6.x and it highlights IBM Tivoli's continued investment in the Asset Management... [More]
Tags:  maximo ibmeam supply_chain inventory mam 7.5 purchasing |