Other Tools (Execution and Monitoring)
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 Replenishment suite in LS Central can be divided into four major areas:
- Planning and Data Maintenance
- Automatic Replenishment
- Manual Replenishment
- Other Tools (Execution and Monitoring)
In the area of Other Tools Replenishment supports the following processes:
Process | Function |
---|---|
Budgets | To create sales and purchase budgets and compare actuals with the 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. |
Store Capacity | To determine how items are being allocated in stores based on the defined store capacity goal and actual used capacity. |
Stock Coverage | To calculate how long a store is able to continue selling items or groups of items given a sales history and inventory. |
Vendor Performance | To track the accuracy of vendor shipments, if they are on time and meet expectations. |
See also
Replenishment Implementation Guide