Itemplanning ITEM – fields and calculations – LINES

Itemplanning – ITEM – fields and calculations

ItemPlanning – Item gives a precise time-phased overview of the projected item inventory availability situation. In other words to tell “When can we deliver and how many”

When the unexpected happens (e.g. a purchase order being delayed) it also offers the opportunity to simulate the impact of deviations to the planned.

ItemPlanning can be setup as a simple or complex solution depending on the requirements the company requires using it.

ItemPlanning – Item is also the solution to use when data are NOT all 100% accurate. Because of the intuitive display, the planner is able to see any inaccuracies right away.

The ItemPlanning solution produces a true time-phased projected item inventory availability using various precise calculation methods at your choice and needs:

The heart of the solution is to use 1 or more of 4 projected availability columns:

• Projected inventory – To be used by the company using sales forecasts and do not use “hard” reservations in availability calculations.

• Projected inventory exclusive reservations – To be used by the company using forecasts and want to keep out any “hard” reservations quantities in availability calculations.

• Projected inventory exclusive forecasts and reservations – To be used by the company not using forecasts and want to keep out “hard” reservations in availability calculations.

• Projected inventory exclusive forecasts – To be used by the company not using forecasts and “hard” reservations in availability calculations.

Here is an example with 2 projected availability columns selected.

One column with forecast involved and one column without.

Now looking at the 2 columns you have the following information available to make decisions:

The first column is a picture of sales not selling all of their own forecast, and inventory will be built up.
The other column is a representation of sales selling all of their own forecast.

The truth is that the right answer probably will be in-between the 2 columns.

This is what we call proper decision support. .