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Item Party – Details

Details about the itemĀ  party like the type of transaction, rank, status, etc., can be known using this section of the screen. iparty-d Fields & its description:
  • Type
The item party transaction type must be chosen here. Purchase and Sales can be selected if this item party is used for purchases or sales. Similarly, for subcontracting process choose Process Job Work. When your organization is in the role of a subcontractor accepting job orders, then choose Process Job Order.
  • Lot Size
Enter the standard lot size of the item party in numbers.
  • MOQ
Minimum Order Quantity regulations may be followed by your organization. Specify the quantity here.
  • Lead Days
Enter the lead days allowed for this item here.
  • Status
Select the status of the item party here. Mention if the item is approved, rejected or pending with respect to transactional availability. Besides these options, mention if this item party is at trial stages.
  • Rank
Use ranking based on item quality, prices, delivery time and method or overall (altogether) for parties and their respective items. This will help in identifying the most competent parties.              

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