Configuring Commodity Processes
Before you can manage commodity processes, you must configure the rules and values that define the company's commodity polices.
First, you set up your items, vendors, and locations to utilize commodities. You also configure other rules and settings that will determine how commodity transactions that involve these records are processed.
If the costs of commodity items are based on external cost factors, you must define the commodity cost components and related commodity classes that are necessary to perform this type of calculation.
The following table describes a sequence of tasks, with links to the topics that describe them. These tasks are listed in the order in which they are generally performed.
| To | See |
|---|---|
| Learn how to define the commodity items that are consumed in production. | Commodity Items |
| Identify a vendor as a commodity vendor, and configure additional commodity settings. | Commodity Vendors |
| Configure a warehouse location to utilize commodity manifests for receiving activities. | How to: Set Up a Location For Commodity Receiving |
| Define codes for the geographic areas in which your commodity vendors are located. | How to: Set Up Producer Zones |
| Set up the different commodity cost components that are used to calculate the cost of a commodity item. | How to: Set Up Commodity Cost Components |
| Organize commodity cost components into a commodity class. | How to: Set Up Commodity Classes |
| Assign commodity classes to commodity items that are consumed in production activities. | How to: Assign Commodity Classes to Bills of Material |