An Easier Way to Conquer Your Safety Stock Challenges
Today’s erratic demand patterns can make maintaining suitable inventory levels a challenge. Carrying too much inventory ties up cash. Not having enough inventory gives you costly stock-outs. In this interactive webinar, you’ll learn about:
the role of safety stock in your company
the challenges of maintaining the right safety stock level
the effects of underestimated safety levels
how our Safety Stock Data Loader can quickly and easily help you proactively manage safety stock levels in QAD to achieve the desired results: maintaining a healthy inventory flow and expertly responding to the dynamic needs of your business
Which transactions are captured by this Data Loader?
The out-of-the-box Safety Stock Data Loader uses Issue to Sales Order, Work Order, Unplanned, Cycle Count, and Recount transactions. However, we can remove any of these built-in transactions you may not and add other transactions that you may use in your company.
How many prior comments are maintained by QAD?
Comments are saved in QAD user workfile. There is no limit to the number of comments that can be saved.
How do changes made to Safety Stock in QAD via this Data Loader impact MRP?
It is important to remember that changing the safety stock value in QAD’s MRP explosion process has significant ramifications. Safety Stock is a buffer against variations in customer demand and supplier source inventory. However, Safety Stock modifies the “Projected Available Balance” in the MRP calculation and forces MRP to NEVER consume that safety stock. In addition, Safety Stock in the middle levels of the bills of material can significantly modify the planned order releases of your mid-level WIP assemblies, causing unforeseen changes in your plan to schedule the shop.
Our MRP webinars in January and February 2024 will cover this more extensively. Watch for more information on this webinar series to better understand how MRP and Safety Stock operate together in manufacturing.
by Cathy Helmers | on 20th October 2023 | in Blog, Webinars