Viewing usage and demand of parts

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:

Open the Parts form.
Select the part for which to view usage information, and then click the Usage tab.
Click Generate Usage.

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 (issues/returns) have occurred
Month	The last day through which the usage occurred Note: The date displayed can never be the current date, because transactions 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 (receipts, returns, and incoming part transfers) and the quantity of outgoing parts (issues, transfers, returns to vendors, etc.) Note: Demand also reflects part additions or subtractions due to physical inventories and stock initialization.