Other Tools (Execution and Monitoring)

LS Replenishment is a fully integrated module designed to support the purchase department with proposals, what to order for the warehouse(s) and the stores, to avoid out-of-stock situations, and to have the right items at the right place at the right time.

The LS Replenishment suite in LS Central can be divided into four major areas:

In the area of Other Tools LS Replenishment supports the following processes:

Process	Function
Budgets	To create sales and purchase budgets and compare actuals with the budgets. See: Retail Sales Budgets and Retail Purchase Budgets
Open-to-Buy	To calculate and view Open-to-Buy values for purchases planning and stock monitoring. See: Open-to-Buy
Lifecycle Management	To track the sell-through of items within a season and to easily take action. See: Lifecycle Planning
Stock Requisition	To create Stock Requisitions.
Buyer's Workbench	To distribute and view the Replenishment related documents and tasks in a special view for teams with multiple purchasers or purchaser groups.
Lifecycle Planning Worksheet	To track the sell-through of items within a season and to easily take action. See: Lifecycle Planning
Out of Stock	To calculate Out-of-Stock days. See: Out of Stock Days
Store Capacity	To determine how items are being allocated in stores based on the defined store capacity goal and actual used capacity. See: Store Capacity Management
Stock Coverage	To calculate how long a store is able to continue selling items or groups of items given a sales history and inventory. See: Stock Coverage Management
Vendor Performance	To track the accuracy of vendor shipments, if they are on time and meet expectations.

Other Tools (Execution and Monitoring)

See also