Difference between revisions of "Demand Planning - Basic Principles"
From Seggiano Docs
(Created page with "The basic principle is this: Generate a (future) demand plan based on past and/or future sales performance. Use the demand plans to generate supply plans. Use the supply pl...") |
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The basic principle is this: | The basic principle is this: | ||
| − | Generate a (future) demand plan based on past and/or future sales performance. | + | * Generate a (future) demand plan based on past and/or future sales performance. |
| − | Use the demand plans to generate supply plans. | + | * Use the demand plans to generate supply plans. |
| − | Use the supply plans to create purchase orders. In the case of assembly items, these will be 'Work Orders' - orders to cover all components of an item (for example jar of olives and the label item as well). | + | * Use the supply plans to create purchase orders. In the case of assembly items, these will be 'Work Orders' - orders to cover all components of an item (for example jar of olives and the label item as well). |
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| + | Before this can be done, all items need to have these fields correctly set: | ||
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| + | * Lead time (in days) | ||
| + | * Replenishment method ('Time Phased') | ||
| + | * Safety stock level (the minimum amount of stock deemed necessary for normal operations). | ||
Revision as of 08:01, 14 September 2017
The basic principle is this:
- Generate a (future) demand plan based on past and/or future sales performance.
- Use the demand plans to generate supply plans.
- Use the supply plans to create purchase orders. In the case of assembly items, these will be 'Work Orders' - orders to cover all components of an item (for example jar of olives and the label item as well).
Before this can be done, all items need to have these fields correctly set:
- Lead time (in days)
- Replenishment method ('Time Phased')
- Safety stock level (the minimum amount of stock deemed necessary for normal operations).
