This post is the continuation of our previous post were we discussed about the functions of Statistical Re-Ordering using the re-order threshold method.
In this Blog we will focus on the Statistical reordering through Periodic processing method.
The New Stuff : X3 Commands for Dynamic Changes
Periodic Processing: The periodic replenishment method is used to determine a variable quantity suggestion for a date set according to certain criteria.
During the calculation, the system proposes a suggestion that is based on the following elements:
- Date of the last process
- Maximum stock
- Physical stock
- Stock with status Q
- Allocated stock (global, detailed, shortage)
- Stock on firm order
Let me explain you with example on how the suggestion is calculated: Consider a Product “Bike” at Site D22, Maximum Quantity: 5000, Periodicity – 7 calendar day.
Maximum stock = 5000; Re-order frequency = 7 calendar days; Reorder mode = By Period.
Now here, Available Stock is calculated as [Stock with Status ‘A’ – (Allocated SO + Shortage) + Stock with Status Q] which will be equal to 300.
There will be a suggestion when the date of the last process + periodicity (i.e. Re-order frequency) is greater than the current date. Refer the below Screenshot for Suggestion Log received after running the Statistical reordering function.
As you can see a Purchase Order Suggestion (POS) # WOSO26208 has been generated which displays the quantity as 3200 (Maximum stock – available stock – stock on order).
In order to view the Purchase Order suggestion that are generated you will have to navigate through to (Manufacturing->Planning->Workbench).
I’m sure that the Statistical Re-ordering function can help you in reducing your efforts of manually checking and setting up re-orders from time to time.
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