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In Enterprise 21, products can be defined across the entire business or on a facility-by-facility basis. Products can be associated with multi-level product grouping hierarchies for pricing, product management, planning, and reporting purposes. Inventory management rules can be defined either as simple minimum-maximum inventory reorder points, safety stock in days of supply, line item fill rate, or service level by product or by product-facility combination. Each product can have its own associated costing method, using either average, standard, LIFO, or FIFO costing. Enterprise 21 supports the definition of a series of product-specific properties including velocity group, product storage type, physical dimensions, standard weight, and freight class. Additionally, Enterprise 21 also allows organizations to turn on specific processes on a product-by-production basis, including lot control, serialization, production planning inclusion, automatic quality assurance, and marking the item as sellable. Product Definition Highlights
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