Inventory Glossary - B

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B

backflush transaction

A material transaction that automatically issues component items into work in process from inventory when you move or complete the assembly. Also known as post-deduct or pull. See pull transaction

backward consumption days

A number of days backwards from the current date used for consuming and loading forecasts. Consumption of a forecast occurs in the current bucket and as far back as the backward consumption days. If the backward consumption days enters another bucket, the forecast also consumes anywhere in that bucket. When loading a forecast, only forecasts of the current date minus the backward consumption days are loaded. Therefore, you can use backward consumption days to load forecasts that are past due.

bill of material

A list of component items associated with a parent item and information about how each item relates to the parent item. Oracle Manufacturing supports standard, model, option class, and planning bills. The item information on a bill depends on the item type and bill type. The most common type of bill is a standard bill of material. A standard bill of material lists the components associated with a product or subassembly. It specifies the required quantity for each component plus other information to control work in process, material planning, and other Oracle Manufacturing functions. Also known as product structures.

blanket purchase agreement

A type of purchase order you issue before you request actual delivery of goods or services. You normally create a blanket purchase agreement to document a long-term supplier agreement. A blanket purchase agreement may contain an effective date and an expiration date, a committed amount, or quantity. You use a blanket purchase agreement as a tool for specifying agreed prices and delivery dates for goods and services before ordering them.

blanket purchase order

See blanket purchase agreement

BOM item type

An item classification that determines the items you can use as components in a bill of material. BOM Item types include standard, model, option class, and planning items.

bulk items

Component items on a bill of material not usually transacted directly to the job or repetitive schedule. Bulk items are usually charged to the work in process department where the item is consumed.

buyer

Person responsible for placing item resupply orders with suppliers and negotiating supplier contracts.