How to create project safety stock?

Hello ​@ronhu 

Here are a few thoughts (some of which you may have already reviewed) 

1. By Definition, a project is a temporary -time - limited - period for conducting a set of activities. However some projects do last longer ( more than a year or two). In general this may be reason behind the thought about safety stock
2. I would suggest, to keep Safety Stock at the site level per inventory part, and not project specific, as it is an inventory overhead. By adding project specific safety stock , this will only add to the overall cost of inventory handling. As long as the part is commonly used across projects as well as for general consumption ( a standard part) , it’s planning should be outside projects ( order planning or general MRP)
3. For Project specific inventory, the estimated requirement, when estimating depending on the part , and the potential “seepage” of parts while consumption, increase the % of stock you would like to purchase/manufacture. Thus you increase the demand, as well as by controlling them as “Project Inventory” , you can ensure no one else uses this.
4. Physically make a sperate area within warehouse as project dedicated , thus isolating the parts specific for the project.

Even after all these, if you believe this particular project is huge/significant and deserves its own inventory planning and safety stock, then you have to setup a site within IFS, replicate the parts within this site, and adjust the safety stock. This is per-se not recommended for generic project execution as the project specific inventory controls are sufficient. 

Regards

Vivek

​@VivekBhandiwad Appreciated your input, very informative. 

i agree with you, for current IFS version, we have to keep the safety stock at site inventory part level. but I am think of seperating it from standard manufacturing parts. maybe a Remote Warehouse should be capable to handle this requirement.

Thank you.