MTD 242-595A User Manual download pdf (Page 128)

Suggested Order Quantities Using Item History

Assume you are building a purchase order to replenish your inventory of

Porter Cable power tools and accessories. You select the Import Item Range

utility and enter the range of Porter Cable items you sell. However, you are

unsure of the quantities to order. By selecting the quantity option, Suggest

using item history, you can have the system determine whether you need to

purchase each item in the range and how much to order (based on past sales

of the item and a series of criteria you must enter).

For example, to order enough 4-½" Saw Kits to replenish your inventory for

the next three months, you can determine what to buy based on sales of this

item during these same three months last year or for the past two years (if

you retain item history on your system for that long).

Upon accepting the Import Item Range window when you have selected the

Suggest Using Item History quantity option, the Item History Import window

opens allowing you to indicate how many days of supply to have on hand

when you receive the items from the vendor. The number of safety stock

days, lead time days, and days supply desired are all used to determine this

information.

The safety stock days and lead time days are used in conjunction with one

another to verify whether the item needs to be ordered. The days' supply

desired is used for calculating how much to order. Before you enter these

values, decide how many days worth of inventory you want to have available.

As you enter a value in each field in the Item History Import window, a

running total is maintained and displayed in the Total days field, and cannot

be modified.

ECS Pro Page 120

Chapter 3: Purchase Order Features

Utilities Features

Item History Import

window

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MTD 242-595A User Manual Page 128