Lot sizes/DS profile

The lot-sizing procedure that is to be used in production planning calculations

Lot-size unit

The valid unit of measure

Procedure

Lot-for-lot order quantity

Use of the exact lot size in production planning calculations

Fixed lot size

Use of a fixed lot size in production planning calculations. It also specifies the quantity that is to be ordered or produced in the event of undercoverage

Periodic

Use of a period lot-sizing procedure and the associated type (day, week, etc.)

Reorder point

Use of a reorder point procedure and the type of procedure

Reorder days' supply

The number days the stock on hand and planned receipts of a material are to suffice to cover requirements existing at the time of planning

Planning calendar

The planning calendar for the period lot-sizing procedure

Number of periods

The number of short, medium, and long-term periods

Quantity and Date Determination

Quantity Determination

Minimum lot size

Minimum quantity for procurement

Maximum lot size

Maximum quantity for procurement

Target stock level method

The target stock level represents a value for the available warehouse stock/stock on hand that is to be achieved through planning.

Assembly scrap (%)

Scrap (as a percentage) incurred during production of the material (if the material is an assembly)

Rounding value

The value to the multiple of which the system rounds up the procurement quantity

Rounding profile

The key used by the system to adjust the order proposal quantity to deliverable units

Target days’ supply

The number days stock on hand and planned receipts of a material should suffice to cover requirements existing at the time of planning

Date Determination

Safety days’ supply

The number of days stock on hand and planned receipts of a material should suffice to cover requirements existing at the time of planning

Use period factor

The indicator for determining the availability date. You can choose between requirement date = availability date and the availability date from the period factor

Period factor

The point in time in a certain period at which the system is to generate receipt due dates/times. The validity relates to period lot-sizing procedures.

Stock Data

Safety stock

The quantity that is to satisfy an unexpectedly high requirement in the coverage period

Reorder point

The quantity that is to satisfy an unexpectedly high requirement in the coverage period

Maximum stock level

The quantity that is to satisfy an unexpectedly high requirement in the coverage period

Stock

The quantity of the unrestricted-use stock of this product at this location

Safety stock method

The method used to calculate the safety stock

Service level (%)

Percentage specifying the proportion of pending requirements that is to be covered by warehouse stock (stock on hand)

Relative forecast error for requirements (%)

Percentage describing the ratio of the mean deviation between requirement forecast and actual requirement to the requirement forecast. The lower the percentage, the more accurately the forecast agrees with actual requirements.

Relative forecast error in replenishment lead time (%)

Percentage describing the ratio of the mean deviation between the forecast and real replenishment lead time (RLT) to the RLT forecast. The lower the percentage, the smaller the deviation between forecast and actual.