Suggested Replenishment
- Suggested restock reports, optionally by supplier and with re-order
quantities suggested by the system.
- Suggested restock quantities can be based on a variety of criteria
including minimum / maximum quantities and sales trends.
- Minimum and maximum stock levels can be re-calculated based on average
sales over any specified group of sales periods, eg the preceding 4
periods, last summer, Easter, etc. Note that min/max levels are only
part of the re-order calculation.
- For stock with low durability or high turnover, the Daily Restock
report shows daily quantity on hand and sales for the preceding week.
- Suggested orders can be generated, reviewed and then converted into
actual orders.
- Suggested restock quantities are automatically converted into supplier’s
units and take buying multiples and minimum order quantities into account.
- For low turnover items, the “number of days to sell” is
a good Replenishment indicator.