Item Lifecycles
The Item Lifecycles section covers the elements used in LS Replenishment for lifecycle planning and how those are set up. Lifecycle Curves are used to change the Replenishment methods based on the item's age.
Goal
The goals of this step:
- Get an understanding, if the retailer uses a life cycle approach for items, to change Replenishment method during life cycle
- Set up life cycles and assign to items
Key questions / considerations
Item Lifecycle
- Do items change their Replen. calculation methods over during their life cycle?
- Does this rule apply to groups of items?
- What is the level for this grouping?
- Division
- Item Category
- Product Group
- Season
Output
Lifecycle list
(Click to enlarge)
Item - Lifecycle assignment
Setup considerations
Lifecycle Curve
Lifecycle Curves hold the definition about period type (day, week, month) and duration of a lifecycle.
For every period it is possible to assign a Replen. Data Profile, which itself holds replenishment parameters on how to calculate demand.
More information, how to set up can be found here:
Assign Items to Lifecycle Curve
Lifecycle curves need to be assigned to items to trigger the change for the Replen. Data Profiles.
More information about the assignment step can be found here: How to Assign to Items
Scheduler Job
To automate the update of the Replen. Data Profile a Scheduler Job can be used.
More information, how to update and set up the Scheduler Job can be found here: How to Update Data Profiles
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