- Click on the Edit option.
Analysis from Reordering Rule Created/Updated
Analysis from Reordering Rule Created/Updated
Select the product from the list in the Reordering with Order Points window.
- Select timeline from getting average Sales from the menu to get the average of sales for every selected day's sales if you wish to change the default value.
- Click on the Save option. The changes will be saved.
- Now click on Calculate data.
- The average daily sales, Maximum Daily sales, Average Lead Days, and Maximum Lead Days from Sales History and Purchase History tab will be updated.
- Based on Average Lead time, Average Daily Sales, Maximum Lead Time, and Maximum Daily Sales, Safety stock will be updated.
- Suggested Maximum Quantity and Suggested Minimum Quantity Will be calculated based on Average Lead Days, Average Daily sales, Maximum Lead Days, Maximum Daily Sales, and suggested safety stock.
- Clicking on Update Order Point Data, System Suggested Min Quantity, Suggested Max quantity, Safety stock, and Buffer Days will be updated to Max Quantity, Minimum Quantity, Buffer Days, and Safety stock suggestion in real reorder level.
- In Reorder Fulfillment Strategy choose either Inter warehouse Transfer, Inter-Company Transfer, or Purchase Order option as per your demand.
- For the Purchase Order option Select the type of Vendor under Vendor Selection Strategy from either Cheapest Vendor, Quickest Vendor, or Specific Vendor.
- For Specific Vendor also select the Vendor from whom you wish to purchase Products.
- Clicking on Update Order Point Data, System Suggested Min Quantity, Suggested Max quantity, Safety stock, and Buffer Days will be updated to Max Quantity, Minimum Quantity, Buffer Days, and Safety stock suggestion in real reorder level.
To either place a purchase order or product requirement
Click on Run The Scheduler.
- If the Quantity is Below the Minimum Quantity then
- If the Purchase Order option is selected, then Purchase Order will now get created for Maximum Quantity including buffer days and safety stock.
- if the Intercompany Transfer Option is selected then the Product requirements will be placed between the Warehouses of a company as per InterCompany Channel created.
- If the Interwarehouse Transfer Option is selected then the Product requirement will be placed between Warehouses of the same company as per Interwarehouse Channel created.
- In both cases, the Warehouse entered here will be the requestor warehouse.
Rating
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