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Back to Basics: Parts Best Use of Phase In/Out

Session 4: Parts Best Use of Phase In/Out

Sharpen your skills and streamline your workflows

Join Colin Evans, Pentana Solutions’ Professional Services Consultant, as he explores the impact of Phase In and Phase Out on stock ordering in 2043.

Learn about changing part status, re-ordering parameters, and handling phasing in and phase out processes.

Key topics include managing stock orders, buybacks, discounting strategies, and the implications of parts no longer appearing on stocktake sheets.

Key Takeaways:

Phase In and Out will have a huge effect on what you see in 2043 for stock ordering.

Uncover fundamental insights on:

Phase In . When a part is phased IN, its status is changed from NS to null. At this stage of its life lifecycle the part is coming up for re-order when the re-order point is reached.

  • Null or Blank
  • Parameters by source allows a part, if it meets the demand requirement to appear on a stock order

Phase Out. When a part is phased OUT,  its status changes from null to AP. At this stage of its lifecycle the part is waiting to be sold, written off or sent back to the supplier.

  • AP and DLT
  • What happens when it no longer appears on stock order
  • Consideration for buy backs
  • Discounting in conjunction with Obsolescence. Suggestions

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