Question

Calculate planning data

  • 6 December 2023
  • 4 replies
  • 64 views

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In the calculated planning data, the 'period' field holds a value of 12. Does this value refer to a past period or a future period in this context?

 

 

If the current period is November, what specific periods does this calculation encompass or refer to?


4 replies

Userlevel 6
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@Senthil Calculate Planning Data uses past transactions, so it’s looking into the past. Therefore the periods parameter tells the system how many periods back to consider.

More details on how this works exactly can be found at below page:

https://docs.ifs.com/ifsclouddocs/23r1/MaintainInventory/AboutCalculatePlanningData.htm?StandAlone=true

Even if it’s Cloud23R1 doc, there were no major updates on this functionality from Apps10 to Cloud.

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@Marcel.Ausan Thank you for your information; it has been very useful.

How to calculate Safety Stock in Inventory part screen with auto update using calculate planning data.

Could you describe the formula.

 

 

Userlevel 6
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Ouch… the only thing I could recommend is to not turn on the Auto Update of the Safety Stock unless you are 1000% sure that everybody does their work on time in IFS:

→ all POs are received on time and you don’t have cases where the goods phisically arrived and are already used in Production but the PO Line was not received 0> system will consider this as delayed delivery

→ all your Shop Orders are reported on time by the operators

If your transaction data is not 100% accurate, then the system will consider that suppliers delay their deliveries and will increase the safety stock. And these standard deviations from the formula is really considering each and every inbound/outbound transaction, so it’s quite difficult to 

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@Marcel.Ausan Thanks for your reply, and it is indeed very useful.

 

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