MANAGE PRODUCT MODELS

The Manage Product Models feature enables retailers to set a desired on hand inventory quantity for a SKU by creating a minimum, maximum and/or re-order quantity. Product models trigger automated purchase orders and transfer orders to ensure appropriate stock levels are maintained.

This document is a resource for retailers to understand how to:
Create a Product Model
Edit a Product Model
Delete a Product Model
Copy a Product Model to Product(s)
Copy a Product Model to Store(s)

 


CREATE A PRODUCT MODEL
Follow the steps below to create a product model.

1. In the RICS Back Office, go to Inventory :: Stock Maintenance :: Enter Product Models

2. To select a SKU, enter or search for the SKU in the SKU field

3. Enter the store owner number or store number in the Organization field

Note: A product model created at a store owner level will flow down to all lower level stores unless otherwise overridden at a lower level store.

4. Enter the model name in the Model Name field

5. Enter the start date and end date in the corresponding fields

Note: The start date is a required field and will default to today’s date which can be modified as needed. The end date is an optional field and can be left blank.

 6. Enter the model quantity, max quantity or re-order quantity under the corresponding tabs

Options:

Model Quantity: The minimum desired on hand inventory quantity. An item will be added to a purchase order or transfer order to replenish the store’s inventory if the on hand quantity is below the set model quantity.

Max Quantity: The maximum desired on hand inventory quantity. An item will not be added to a purchase order or transfer order if the on hand quantity is at or above the set maximum quantity.

Note: If an item exceeds one store’s max quantity and is below the model quantity at another store, the item will be added to a transfer order to reduce the overstocked store’s inventory to below the set max quantity and increase inventory to the understocked store’s set model quantity.

Re-Order Quantity: The re-order quantity is set if an item is only sold in case packs.

 

7. Click Save and Clear

 

EDIT A PRODUCT MODEL
Follow the steps below to edit a product model.

1. In the RICS Back Office, go to Inventory :: Stock Maintenance :: Enter Product Models

2. To select a SKU with an existing product model, enter or search for the SKU in the SKU field

Note: After the SKU is selected, all current associated product models will display in the Model list.

 

3. Click Select next to the model to be edited

Note: After the model is selected, the current product model quantities will populate.

4. Edit the model, max, and/or re-order quantities

5. Click Save and Clear

 

 


DELETE A PRODUCT MODEL
Follow the steps below to delete a product model.

1. In the RICS Back Office, go to Inventory :: Stock Maintenance :: Enter Product Models

2. To select a SKU with an existing product model, enter or search for the SKU in the SKU field

Note: After the SKU is selected, all current associated product models will display in the Model list.

3. Click Delete next to the model to be deleted

4. Click Yes, Delete This Model when prompted to delete the model


 

COPY A PRODUCT MODEL TO PRODUCT(S)
Follow the steps below to copy a product model to another product(s).

1. In the RICS Back Office, go to Inventory :: Stock Maintenance :: Enter Product Models

2. To select a SKU with an existing product model, enter or search for the SKU in the SKU field

Note: After the SKU is selected, all current product models will display in the Model list.

 

3. Click Select next to the model to be copied

Note: After the model is selected, the current product model quantities will populate.

4. Click the Copy (Product to Product) tab

5. Enter the criteria to specify the item(s) in which to copy the model

 

Note: To copy a product model to item(s), all items must have the same column and/or row grid.

6. Click Copy

Note: To view an item’s copy model status, navigate to Reporting :: Report History and click on the Copy Product Models report.


 

COPY A PRODUCT MODEL TO STORE(S)
Follow the steps below to copy a product model to a store(s) within a multi-store environment.

1. In the RICS Back Office, go to Inventory :: Stock Maintenance :: Enter Product Models

2. To select a SKU with an existing product model, enter or search for the SKU in the SKU field

Note: After the SKU is selected, all current product models will display in the Model list.

 

3. Click Select next to the model to be copied

Note: After the model is selected, the current product model quantities will populate.

4. Click Copy Model To Stores

5. Enter the store code(s) in which to copy the model in the Organization field

 

6. Click Copy Models

Note: After the product model is copied to another store, the product model will display in the Model list.

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