Release News
We are excited to share our latest release news where we added transparency to item card planning, a combined safety stock approach, where you can select the Max of safety stock units or statistical calculations.
Transparency to the Sales Plans in the Item card
For users planning demand through the item card, we brought to you clarity on user changes. While we were at it, we optimized the performance so you can expect the new plan tab to be amazingly fast.
Indication of a change
On the below image, the cell for May has a user override, indicated by the green bold line on the left side.
Transparency to the original value
To see the original overwritten value, the user can hover the mouse over the cell, and the value will appear to the side, see image below.
Safety stock new features
We added new functionality where users can hoose to use 'Max of ss statistical & ss units' available to subscribers of the Order Pro package
We then introduced global setting options to define the number of days to hold as safety stock. one to rule them all, another in line with each item's importance.
Safety stock days settings
The first option is under settings > forecast > safety stock policy. Choose Days > and fill in the number of safety stock days.
The global setting will be the default number of days if it hasn't been overridden on item level or through the ABC matrix.
Safety Stock Days ABC Matrix
The other setting option is in line with each item's importance via ABC classification.
Similar to how the statistical safety stock is globally set.
Navigate to Settings > ABC
At the bottom of the page, users can define how many days to hold as safety stock.
When an order is placed the safety stock days will calculate demand from the day of the order and x many days of demand looking forward.
Max of statistical and safety stock units
For subscribers of the OrderPro package we now offer a combined safety stock approach, where you can select the option to use Max of safety stock units or statistical safety stock.
This option will help in many ways, for example, a user sets 10 pcs as safety stock units on a new item, triggering replenishment needs, once the item starts selling the statistical safety stock kicks in and is likely to outgrow the units, securing agile safety stock re-evaluation as the item starts selling and hopefully trending.
Automatic transfer order adjustments
We introduce automatic adjustment to available stock This is part of the Order pro package
Available transfer stock is released under feature Flag, to activate: please contact our customer success team through the chat.
Adjust to available transfer stock
When internal locations, stores or sub-warehouses order from the main warehouse There is a chance that the warehouse has less stock than the stores need, to mitigate we offer the option to adjust order quantities to match what is available.
This only works on Scheduled orders in the daily job (for now). Later on we will add this to manual orders as well.
This feature is by default off. To enable the feature, navigate to settings > Orders > Automatic Order adjustments
There are three methods to distribute the available transfer stock.
Method 1. The replenishment need of each internal location is calculated into a ratio. The available stock is then divided by the demand ratio.
Method 2. The location with the highest demand gets all they need, if there is more stock to give, the next location get's their need fulfilled, etc.
Method 3. Available stock is divided equally between the locations, through one order multiple at a time, starting with the location with the highest demand.
Bug fixes
Value aggregation should be avg no sum on stock availability columns.
Bulk update shouldn't allow 0 for order multiple ( causes divide by zero errors)
Time zone, item chart, planner,
Other fixes and improvements
Minor changes were made in the system to improve stability, performance, and user experience.