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Monthly Demand calculation in ABC Inventory

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timjea View Drop Down
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    Posted: 12 Nov 2011 at 12:42pm
Is the field Monthly Demand located in the Inventory Master screen populated for some calculated source?  How does it get populated? Does the value in that field affect recommended purchase quantities in the Suggested PO process?
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BillD View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote BillD Quote  Post ReplyReply Direct Link To This Post Posted: 12 Nov 2011 at 2:02pm
1) Yes, the Monthly Inventory Demand can be recalculated. Follow to the Purchasing Utilities (Orders/Purchasing/Utilities menu), tab #6.
 
2) Yes, it is used a projected consumption to create purchase orders ahead of time.  Follow to the Purchasing Utilities (Orders/Purchasing/Utilities menu), tab #7. If you do not input dates at the top, the calculations will be done based on today's "in stock" and "committed" quantities. However, if you set the End Date to some point in the future, the projected consumption will be added based on demand multiplied by number of months of supply.
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timjea View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote timjea Quote  Post ReplyReply Direct Link To This Post Posted: 17 Nov 2011 at 4:56pm

Great - thanks for  the detailed response.

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