Running the inventory calculations daily informs you what items to replenish, when to replenish them, and how much to replenish. This is achieved through the Purchase suggestion and Internal replenishment suggestion functions. The following replenishment suggestion control values are calculated for each item/warehouse combination in the system:
- Forecast of future demand
- Economic order quantity (EOQ) – the quantity to buy
- Reorder point (ROP) – the stock level when it is time to make a purchase
- Safety stock (SST) – the buffer against unexpected demand
The calculated values are stored in the Item file. How each of these values are calculated depends on which method and parameters you established in the following control code tables:
- Forecast
- Replenishment
- Service
Note: See the Related topics for more information.
Enquiries and printouts
- Item file enquiry – the Inventory management panel displays the calculated forecast, EOQ, ROP and SST values.
- The Inventory calculation control report displays the errors from the inventory calculation.
Related topics
- Run the inventory calculation
- About economic order quantity (DC1 Inventory Control)
- About reorder point and safety stock (DC1 Inventory Control)
- About working with forecasts
- About working with internal replenishment suggestions (DC1 Inventory Control)
- About working with purchase suggestions (DC1 Inventory Control)
- About DC1 Inventory Control
- Inventory control formulas