Term | Tab | Feature | Definition |
Lead Time Demand | Planning | Recurrency Recommendations | The quantity of a product or service that is expected to be demanded |
Order Cycle Demand | Planning | Dynamic Recommendations | The total quantity of a product or service that is expected to be |
Safety Stock Demand | Planning | Dynamic Recommendations | The quantity of inventory held as a buffer against unexpected fluctuations in demand or supply lead times. Safety stock is kept on hand to protect against stockouts and ensure that customer demand can be met even during periods of increased demand or longer-than-expected lead times. |
Economic Order Quantity | Planning | Dynamic Recommendations | The Economic Order Quantity (EOQ) is a calculation that helps you determine the optimal maximum order quantity, minimizing excess inventory and stockouts. |
OK | Planning | Item Status | Items that do not require immediate attention as there is no meaningful deviation between Recurrency recommendations and Current Min/Max or Order Point values. |
Needs Review | Planning | Item Status | Assigned to items when the Recurrency recommendation deviates from your current Order Point or Min/Max values. Learn more about |
Excluded | Planning | Item Status | Items that you have manually excluded and do not want to focus your attention on at this time. |
Min/Max Replenishment | Planning | Dynamic Recommendations | Replenishment Method. When the inventory level drops below the minimum threshold, a replenishment order is triggered to bring the inventory back up to the maximum level. |
Order Point Order Quantity | Planning | Min RecommendationDynamic Recommendations | Replenishment Method. It involves setting an order point (OP), which is the inventory level at which a replenishment order is triggered. Additionally, a fixed order quantity (OQ) is specified, determining how much inventory is ordered each time a replenishment order is triggered. |