The Stock Forecasting or Distribution Requirements Planning (DRP) module provides built-in stock planning and replenishment tools designed to put you in control of your inventory levels and your spend on stock purchases. In summary, it provides the following features:

Multi-Level Forecasts Definable Planning Calendar Multiple Forecast Plans
Definable Demand Formula Automatic Forecast Build Inventory levels setting
ABC Setting/Analysis Line Demand Analysis Safety & Review Stock

You can read an overview of the Stock Forecasting system and its functions, features & benefits HERE.

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Replenishment Settings

May 2, 2018 Inventory Control

Purpose This routine is used to maintain the Stock Replenishment system settings recorded for global use within the Inventory and Forecasting modules. The details entered here can be changed at any time during the use of Online Advantage. Data Input ­ Step 1 – Defaults Replenishment Method Replenishment Method is used in the calculation of […]

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Replenishment Overview

May 2, 2018 Inventory Control

‘Replenishment‘ is the term used to describe the processes of ‘restoring’ or ‘filling’ an inventory item’s stock position to the level required to be able to satisfy on-going demand.  We use the term  in Online Advantage to cover the functionality provided in the system to assist in the management of the inventory position of each […]

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Quantity Input

April 27, 2015 Inventory Control

Most Online Advantage Inventory transactions require the user to enter a product quantity. The entry of that quantity – and its associated data – can range from simple to complex. The degree of complexity is determined by how your business has decided to configure the system and the individual data elements like Products, Stock Locations, […]

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