Safety Stock
The report can be found at the path Logistics > Warehouse > Management Prints > Safety Stock and allows the operator to perform checks in order to manage stocks correctly. In particular, it is possible, after appropriately filling out the item registry, to query the system to search for items that will go into understock in the future. It is also possible, once the procedure has been executed, to automatically issue purchase requests at the correct times for the items that are going into understock.
Tables and parameters
A series of settings of both pre-coded table nature and a correct parameterization of the base algorithms are recommended before proceeding with the execution of the understock:
- in Items register, it is necessary to fill in the Procurement tab, particularly the data for procurement.
- in the MRP Parameters of the items that you want to manage with understock, the management policy must be stock-based.
- the Minimum Stock must be less than or equal to the Reordering Point.
Procedure
The understock procedure uses an algorithm based on the average daily consumption calculated from the Procurement tab of the Items register.
Thus, it starts from the stock at the time of processing and checks whether, at the requested date, based on average consumption, it will go into understock or not.
(Minimum Stock - Reordering Point / Days for reorder
The procedure allows you to choose: ITEM (class, item code, description), any Variant only for items managed by variant, the Date limit until which you want to calculate understock. It is also possible to enable Automatic creation of purchase requests for items in understock. If this function is activated, it is necessary to specify the Type of document request and, optionally, a Note to be included in the purchase request header.
After entering these filters, press the Run button to process the data.
The result grid of the execution represents the list of processes carried out specifying Number and Elaboration date.
It is important to note that in the understock procedure how when the Purchase Request Document (RDA) is generated and availability is below the Reordering Point, if no Maximum stock value has been set for the item, the requested quantity will be equal to Reordering Point - Availability; whereas, if a maximum stock value is also present, the requested quantity will be equal to Maximum Stock - Availability.
It should be noted that in the case where the item is of procurement type Purchase, the purchase request will be created but not the job order, while if the item is of procurement type Production or Job Order, the relevant job order will be created.
For everything that is not detailed in this document regarding the common operation of print forms, please refer to the following link Preview and Print.