It is possible to use the Replenishment module to suggest what to replenish based on Stock Levels. If the actual quantity on stock falls below the Reorder Point, the system will propose a Purchase Order or Transfer Order to fill up to the quantity defined in Reorder Point. If the field Maximum Inventory is set, the fill up will be done up to the quantity defined in Maximum Inventory, otherwise to the Reorder Point quantity.
Stock Levels is a popular calculation method due to its simplicity in environments with a stable demand.
Important: If the selling behavior of the items changes during time, it is important to revisit the fields Reorder Point and Maximum Inventory periodically and adjust them.
Common fields for all Calculation Types
The Replenishment data is stored in the Item, Item Store, or Data Profile Record.
See the Replenishment Data Hierarchy for a review of the storage and hierarchy of Replenishment data.
Below is a list of common Replenishment data fields that are described in Common Replenishment Data Fields.
- Reorder Point
- Maximum Inventory
- Vendor No.
- Purchase Order Delivery
- Transfer Multiple
- Purchase Order Multiple
- Exclude from Replenishment
| Field | Description |
|---|---|
| Reorder Point | If the stock levels go below the Reorder Point, the system will suggest a quantity that will raise it to the Reorder Point. |
| Maximum Inventory | If the stock levels go below the Reorder Point, the system will suggest a quantity that will raise it to the Maximum Inventory if the Maximum Inventory is filled in; otherwise, the inventory is raised to Reorder Point. Example: |
See Also
Calculation Process for Stock Levels - Stores - to learn more about the calculation process for stores.
Calculation Process for Stock Levels – Warehouse - to learn more about the calculation process for the warehouse.
Calculation Type – Average Usage
Calculation Type – Manual Estimate
Calculation Type – Like for Like
Calculation Type – LS Forecast