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IT IS VERY IMPORTANT TO NOTE THAT NOVTEL DO NOT AT ALL CRITICISE PASTEL PARTNER'S WAY OF MANUFACTURING, OR SAY THERE IS SOMETHING WRONG WITH PASTEL PARTNER.
THE WAY PASTEL WORKS, WORKS FOR MANY COMPANIES;
OUR CLIENTS SIMPLY HAVE DIFFERENT NEEDS TO PASTEL PARTNERS OFFERINGS.
PASTEL TAKES OUR CLIENTS 75% TO WHERE THEY WANT TO BE AS FAR AS MANUFACTURING IS CONCERNED.
TOGETHER NOVTEL AND PASTEL PARTNER CREATES THE PERFECT MANUFACTURING SOLUTION FOR EVERYONE TO ENJOY.
The instructions received from our clients were as follows:
1. Design module for Pastel Partner that manufacture at last cost.
2. Design system that automatically adjust shelf item's selling prices based on last cost of the purchased item.
3. Referring to 2.2, 2.3 and 2.4 above design a system that will automatically populate the Inventory mark-up % to each
of the 3 Inventory item's Numeric user defined fields; allow this automatic % mark-up adjustment to be made per inventory category.
4 Design System to adjust stock on hand per inventory item to "0" quantity on hand with the click of one button; allow this adjust stock to "0"adjustment to be made per inventory category. This feature is to help with the take on of new stock balances at last cost.
Manufacture at last cost
Pastel can only manufacture at average cost.
Each component of the Bill
of Materials do have a average cost and last cost. Pastel's calculation of
average cost calculated as follows:
Total amount paid for the inventory item divided by the quantity purchased.
There is no periods or dates linked the calculation of Pastel Average Cost it is simply average of all transactions on the master file
for that specific inventory item over the period purchases were done by the system.
The Edit Bills of Materials screen of Pastel can show what the selling prices should be at last cost in the example below.
The only problem is that when the actual manufacturing process is done in Pastel the system will manufacture at average cost only.
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