Alert - GRPO Price vs Cost Variance
Alert Overview:
This Alert notifies a user when a price on an item on a GRPO has a a price that is more than 10% different than the current cost of that item.
Purpose of the Alert:
This report helps monitor purchases where the price on the purchase document will change the cost of the item.
Parameters:
The alert should be set to run each morning, so that the user catches all the purchase orders placed the previous day.
Example Results / Scenario:
This alert is very similar to the Purchase Order alert that shows the same thing. The difference is that after the Purchase oRder is entered, you will have ample time to go and make the change to the PO. But once a GRPO is input, it has already updated the cost of the item. So, this alert is very useful in notifying the user of items whose cost has been updated by a GRPO by more than 10%.