Hi What is difference between safety stock & minimum stock in IFS. Br//Ajith
Hi
In my understanding I would use the safety stock as the minimum stock cz it is the same thing.
Hello
I am writing on
“Thank you, Vimukthi,
It is based on our customer requirement.
They want to maintain minimum stock that they can purchase within short period of order. I include min. & max. stocks based on customer requirement in “Inventory Part Characteristics”.
But to ensure meeting this, I enter safety stock, higher quantity than the minimum.”
Order Point:
The point used to trigger the creation of an order proposal when the projected quantity on-hand falls below this point.
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