LS NAV - Replenishment - How to use

http://help.lsnav.lsretail.com/Content/LS%20Retail/Replenishment/Replenishment.htm?tocpath=Retail%7CReplenishment%7C_____0

• Process Overview

o   Define Replenishment Rules per item per destination location

o   Define Transfer Templates

o   Run Transfer Template manually or automatically to suggest transfers from a specific location (usually Warehouse)

§  Create Transfers

§  Pick and Ship transfers to consume stock

o   Define Purchase Templates

o   Run Purchase Template Manually or automatically to suggest purchases from a specific location, (warehouse or store)

§  Create Purchase Orders

§  Receive and Put Away purchase orders to increase stock

• What are the different Replenishment Types?
• Set on Retail Item Card>Replenishment Control Data
• Automatic-From Data Profile=Use Replenishment Data Profile Settings
• Average Usage = Historical sales based on rules set in Replenishment Sales Profiles
• Manual Estimate = Use Manual Estimated Daily sale field (used for new items with no history)
• Stock Levels=Only use Reorder Point and Maximum Stock for simple replenishment
• Like for Like=Replenish in the same pattern that is sold (auto-replace stock sold,sell 10, buy 10)
• Demand Plan=Integrated to Demand Plan Module (Calculates Daily forecast based on historical sales plus other rules, requires lots of history, stable products)
• Most commonly used menus
• LSRetail>Replenishment>Automatic>Purchase Replenishment Journal
• Add items to journal
• Create Purchase Orders
• LSRetail>Replenishment>Automatic>Replenishment Templates
• Template = collection of filters used in Purchase Replenishment Journal
• Retail Item Card>Replenishment Control Data
• Define general replenishment rules for this item for all locations and all vendors
• Retail Item Card>Replenishment Control Data>Replenishment Information Setup>Item Store List
• Define Vendor-Item-Store specific replenishment rules
• What are the profiles for?
• Replenishment Item Profiles
• After filling in info, click Update to apply replenishment settings to all relevant items (Updates their Replenishment Control Data)
• Replenishment Data Profiles
• Can be used on Item Category
• Defines Replenishment defaults for entire category if none explicitly set on item
• Replenishment Sales Profiles
• Defines how Average Sales are calculated when using Average Usage Replenishment Calculation Type on Replen. Inf. Data
• Replenishment Forw. Sales Profiles
• If defined, allows additional comparison to future period to adjust for upcoming seasonal future changes based on historical sales
• Used in Replen control data setup
• Where do i set lead times for vendors?
• Retail Item Card>Ordering>Safety Lead Time (30D,3M)
• Define Default Lead times if no others defined
• Retail Item Card>Vendors>Item Vendor Catalog
• Define Lead times by vendor
• How do i see slow moving items?
• Replenishment>Stock Turnover
• Average Stock: Shows average stock for time period selected
• Turnover Avg Inventory: Sales / Avg Stock
• Turnover: How many times Avg. Inventory was sold (Sales/Avg. Inventory)
• Waiting Time: How long it would take to sell all stock in days
• Should be modified to add custom turnover calculations, filter on turnover value, filter on item division,group,category, last date purchased, last date sold
• How do i see obsolete stock?
• Item Age Composition - See old stock, should be run periodically, should add filter for only old stock
• Worst Selling Items
• Items without Sale
• How do i see out of stock report?
• Retail Item Card>Replenishment Control Data>Factbox-Out of Stock>Replen Out of Stock Days
• View should be saved, or report built using this data
• Automated Replenishment is recommending too much/little stock. How do i fix it?
• RCD = Replenishment Control Data
• Review RCD>Reorder Point (Suggested amount is increased to reorder point if it exists)
• Review RCD>Maximum Inventory (Suggested amount is increased to max inventory if below reorder point)
• Review RCD>Store Stock Cover (Suggested amount is increased to cover this many days' worth of sales)
• Review RCD>Sales history Adjustment (Fix anomalies or errors in history that cause miscalculations, has no financial impact)
• Useful Reports?
• LSRetail>Backoffice>Reports&Analysis
• Lifecycle curve
• Trend report
• Does this work with Blanket Orders?
• No.