Cost and financial fields

Field definitions for cost and financial fields.

Field name	Description	Usage information
Average Reduction	Average expected inventory reduction	is value is calculated as Current Average Stock Value - Recommended Average Stock Value.
Average Stock Value	Expected Average Stock Value over a year	Value based on the solution Recommended Reorder Point and Reorder Quantity.
Corporate Currency Rate	Corporate Currency Rate	The conversion rate from the local currency to the Corporate Currency.
Current P/O Costs	Expected Annual Purchasing Costs based on current reorder levels	The annual replenishment costs based on the number of orders per year multiplied by the replenishment cost.
Current Stock Value	Current Stock Value	Calculated as Stock on Hand multiplied by the Average Unit Price.
Current Total Cos	Current Total Annual Costs	Projected Annual Total Costs.
Equipment Count	The number of equipment items this is used for Expediting Cost.	Expediting Cost (amount per Stockout incident)
Holding Cost % Inventory	Holding Cost %	Holding cost is a percentage of the Average Order Value.
Holding Cost	Expected Annual Holding Cost	Value based on the solution Recommended Reorder Point and Reorder Quantity.
Immediate Reduction	Expected Immediate Inventory Reduction	Expected Inventory Reduction calculated as Current Stock on Hand - recommended Max Stock on Hand.
Last Unit Price	Last unit price or contract price	Extracted from the ERP
OOB Holding Cost	Optimal/Optimal/Best Holding Cost	Expected Annual Holding Costs based on "Optimal" Reorder Level Methods and "Best" Forecast Method.
OOB P/O Costs	Optimal/Optimal/Best Purchase Order Costs	Expected Annual Purchase Order Costs based on "Optimal" Reorder Level Methods and "Best" Forecast Method.
OOB Total Cost	Optimal/Optimal/Best Total Costs	Total Annual Costs based on "Optimal" Reorder Level Methods and "Best" Forecast Method.
P/Order Line Cost	Purchase Order Line Item Cost $	Derived in cost model calculations.
Purchasing Cost	Expected Annual	Purchasing Cost Value based on the solution Recommended Reorder Point and Reorder Quantity.
Repair Unit Price	Repair Unit Price	Extracted from the ERP.
Total Cost Expected	Total Annual Costs	Value based on the solution Recommended Reorder Point and Reorder Quantity.
Unit Price Code	Unit Price Code	Used to designate which Unit Price value is adopted as the Display Price. For example, "A - Average", "M - Manual".
Unit Price	Unit Price Used & Displayed	The unit price that is displayed and used for calculations and is set according to the value of the "Unit Price Code".