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Safety stock enhancements

Enhancement request to support safety stock solution at the following levels,

  1. Date range support - Ability to configure safety stock based on applicate date range. This allows the users to configure these ahead of time and does not rely on just in time system updates for safety stock to take effect.

  2. Channel specific safety stock - Currently, we have support for safety stock by delivery method , but this cannot be varied by the selling channel (web Vs retail). Need the ability to set high thresholds for web pickups than for pickup orders placed form instore (retail SOP calls for store associates to call the pickup store to confirm inventory availability).

  3. Node Type - We have different retail store types (outlet Vs full priced stores) and need the ability to setup different thresholds based on node type. (Node type, Node type - merchandising hierarchy (Dept/Class/Subclass/Style level) , Node type - SKU combination).

  4. Node Level - safety stock at node level that applies to location unless one is define for the SKU/Location level. Tis is to protect for the scenarios where specific stores that have a higher in store traffic and need to protect more units using safety stock.

  5. Merchandising hierarchy level - Define thresholds at merchandizing hierarchy level (Dept/class/subclass/style level). Either at the level or intersection of merchandizing level and node type/node combination.

  6. Supply type - configure different safety stock thresholds based on supply type. higher for in transit inv Vs on hand. Even within future supplies, the safety stock can be different for PO and PO ASN supply as ASN is much more firm in terms of qty that is shipped.

  • Guest
  • Nov 10 2020
What is your industry? Retail
How will this idea be used?

This enhancement will allow us to retire the existing custom safety stock solution (implemented on our existing OMS platform) and allow us to configure appropriate thresholds in the IV solution to protect against oversells.

  • Guest commented
    11 Nov, 2021 05:05pm

    It should also be possible to have Safety Factor both as Percentage and Absolute

  • Admin
    Sampson Wong commented
    10 Feb, 2021 04:32pm
    1. Date range support - Planned for future release

    2. Channel specific safety stock - Planned for future release

    3. Node Type - Future consideration

    4. Node Level - Future consideration

    5. Merchandising hierarchy level - Future consideration

    6. Supply type - Future consideration

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