Tag Archives: Enterprise Resouce Planning

Effective Replenishment Parameters, Part 5: The Economic Order Quantity (EOQ) & Buying to Minimize Total Inventory Cost

Posted on February 22, 2012 by gmiles

In our final segment, we will discuss The Economic Order Quantity (EOQ) & Buying to Minimize Total Inventory Cost The Economic Order Quantity (EOQ): You do not have to develop graphs to determine the EOQ for every stocked product. The … Continue reading →

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Effective Replenishment Parameters, Part 4: The Carrying Cost

Posted on February 21, 2012 by gmiles

Effective Replenishment Parameters, Part 4:  The Carrying Cost The cost of carrying inventory (or “K” cost) includes all of the costs you incur by stocking material in your warehouse: • Moving material from the receiving dock to the proper bin … Continue reading →

Posted in Enterprise Resource Planning (ERP) Systems for Wholesale Distribution, Entreprise Resource Planning (ERP), ERP, Microsoft Dynamics NAV 2009 ("Navision") Enterprise Resource Planning (ERP), Warehousing and Distribution, Wholesale Distribution Software and Services, Wholesale Distribution Software and Solutions | Tagged , , , , , , , | Comments Off

Effective Replenishment Parameters, Part 3: Target Orders and Review Cycles

Posted on February 20, 2012 by gmiles

Effective Replenishment Parameters, Part 3:  Target Orders and Review Cycles If you reorder a product when its replenishment position reaches or falls below the minimum quantity you will avoid most stockouts.  Often a distributor has to place an order of … Continue reading →

Posted in Enterprise Resouce Planning (ERP) Wholesale Distribution Software and Solutions, Enterprise Resource Planning (ERP), Enterprise Resource Planning (ERP) for Wholesale Distribution, Wholesale Distribution and Manufacturing Software, Wholesale Distribution in Microsoft Dynamics NAV | Tagged , , , , , , | Comments Off

Effective Replenishment Parameters, Part 2: Safety Stock

Posted on February 17, 2012 by gmiles

Effective Replenishment Parameters, Part 2: Safety Stock The minimum quantity is equal to the anticipated demand during the lead time. But will we always sell one piece per day? Will the lead time occasionally exceed the longest normally anticipated lead … Continue reading →

Posted in Enterprise Resouce Planning (ERP) Wholesale Distribution Software and Solutions, Enterprise Resource Planning (ERP), Entreprise Resource Planning (ERP), ERP, Safety Stock, Wholesale Distribution Software and Solutions | Tagged , , , , , , , , | Comments Off