I just a question In Regards to Phase in Criteria we are Using ADP and our Current stocking Criteria is 3 in 9 (Which is 3 months with sales/demand in 9 months
Someone suggest... 3 sales/demand regardless how many months with sales as long as its within the 9 month period
Example: Parts No. 123 in one month we sold 3 pcs. to different customer you this parts will phase in or we sold 1 in one month then we sold 2 in the following month..
Is this possible?
Thanks,
Manny
Phase in Criteria
Re: Phase in Criteria
I would not suggest that. You will be bombarded with new parts you shouldn't stock.
Mine is set at (both phase in and phase out) 3 in 12.
If you want to modify yours use function IRO.
Mine is set at (both phase in and phase out) 3 in 12.
If you want to modify yours use function IRO.
Re: Phase in Criteria
Gotta agree with Tim. Phase in should reflect a consistancy of demand over time to predict reliable future demand. There are too many possibilities for a one time unusual demand which may never be repeated.
Re: Phase in Criteria
partking wrote:Gotta agree with Tim. Phase in should reflect a consistancy of demand over time to predict reliable future demand. There are too many possibilities for a one time unusual demand which may never be repeated.
It's a shame GM never heard of that theory
Re: Phase in Criteria
Thanks Guys I really appreciate the input. That's what I thought.. But, is it possible to set up in ADP (base on sales only)?
Re: Phase in Criteria
The only other factor besides sales that drive demand are lost sales. If youre on drive and you really wanted to ,you could make the weight put on lost sales 0.
Re: Phase in Criteria
Thanks ScottF...I really monitor the lost sale for it is a great factor..