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invent!ory ULTRA 2013 Help |
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Reset Reorder Point Based On Actual Usage Main
Menu| Utilities| Reset Reorder Point |
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Admit
it. Your Reorder Points are a guess-timate. That’s
because when you set up a supply item initially, you had only a rough feel
for how many units of the item you
would use regularly. But
if you add a REORDER FACTOR value to the item, the system can calculate how many Units you
use daily on average and reset the Reorder Point accordingly. |
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Reorder Factor: What
Is It? Simply
put, reorder factor is your
estimate of the number of days worth of stock (based on Average
Daily Usage) you wish to set as your reorder point treshhold.
For example, if it takes you two weeks to get new stock of an item into your
warehouse, set reorder factor to 14. You may edit
the Reorder Factor in either Main Menu|Supplies|Edit ( Editing Supply
Items) or
in the Single Item Update screen (Single Item Update
of Supplies).
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Click
this button to see NEW Reorder Pt calculated on average daily usage x the
reorder factor. Tip: Don’t use this utility unless you have
at least 6 months of log out history for a particular item. |
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As you can see
(above), the NEW Reorder Points differ substantially from your guess-timates. Click Yes and the new
reorder points will be posted. |
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Restoring
Original Values
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The
old Reorder Points (50 units) were restored (below).
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Copyright 2017, Koehler Software, Inc. |
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