IMRC - Re-Order Point Calculation Management

New features added, version 7.5.1, 7.5.2, 7.5.3, 8.1, 8.6R1

See Also Programs

Program IMRC, Re-Order Point Calculation Management, is used to set up and calculate re-order point requirements.

The Include Non-Nettable flag in program SPMM, System Parameters/Default Maintenance, does not affect reorder point calculations. The inclusion of non-nettable locations, quarantine locations, and consigned locations in reorder point calculations is determined by the check flags in the available includes section of the screen.

 

The reorder point calculation can bypass the sales allocation amount calculation and use the allocation amounts from the item plant quantity record in program ICSS, Stock Status Inquiry, instead. This allows better performance if the complex rules for calculating the allocation are not important for the reorder point calculation.

 

See Also

Including Forecasting in the Re-Order Point Calculation

How Re-Order Point is Calculated

Calculating Re-Order Point

IMRC Action Buttons

 

 

Including Forecasting in the Re-Order Point Calculation

Program IMRC, Re-Order Point Calculation Management, can also include forecasting information that has been transferred to program MSFM, Independent Forecast Maintenance, as a variant.

In the reorder point calculation logic, when forecasts are included the program does the following:

The applicable forecast is calculated, including items in the selected product group.

If the forecast date plus the coverage days in the forecast record occurs entirely within the range of the re-order point date through the entered Forecast To Date, then all of the forecast is used.

If the forecast date plus the coverage days in the forecast record overlaps the re-order point range, the forecast is pro-rated, and a fraction is used.

First, the number of days that the coverage period overlaps the re-order point period is calculated.

The fraction of the forecast that applies to the period is calculated.

The pro-rated quantity that results is rounded according to the rounding rules specified for the item in program ICPM, Inventory Planning Data Maintenance.

The unconsumed forecast is calculated as the calculated forecast minus the quantity allocated to sales. If this results in a negative quantity, the unconsumed quantity will be 0.

The quantity available is then reduced by the unconsumed forecast quantity.

On the Calculation Results screen, the calculated forecast is displayed in the Forecast Qty field, and the quantity available less the unconsumed forecast quantity is displayed in the Available field.

 

How Re-Order Point is Calculated

Quantity Definitions

For each item with an order code of R - Reorder point that matches the user-selectable criteria, the following occurs:

Calculating the Re-Order Quantity

 

Calculating Re-Order Point

 

1. In the Single Item field, if you need to calculate the reorder point for a single item only, enter the item number in this field.

2. In the Calculation Date field, enter the calculation date.

3. Set the Stock Level to Plan for pop-list to the desired setting. The choices are Re-Order Point, Safety Stock, Re-Order Point + Safety Stock or ICEM Target Stock Quantity.

4. In the Demand Horizon Date field, enter the date after which the demand is ignored, if desired.

5. In the Forecast To Date field, the forecast date entered must be later than the reorder point calculation date, if you are including forecasts in the re-order point calculation.

6. In the Variant pop-list, select the forecasting variant from program MSFM, Independent Forecast Maintenance, if you are including forecasts in the re-order point calculation.

7. Set the Include Other Zero/Negative Items flag to the desired setting.

8. Set the Quicklook process flag to the desired setting.

9. Set the Trust POSE flag to the desired setting.

10. Set the Available Includes flags for: On Order, Allocations, Use Simple Allocation, Quarantine, Transfers, Consigned Locs, Approved Requisitions, Non-Nettable Inventory and Forecast to the desired settings.

11. In the Filter By Drop down, select filter by Planner, Buyer or Both. 

If Planner is selected, In the Planner Code field, enter the planner code for which the reorder point requirements will be calculated.

If Buyer is selected, In the Buyer Code field, enter the buyer code for which the reorder point requirements will be calculated.

If Both is selected, enter both the Planner and Buyer code in the appropriate fields.

12. In the Order Code field, enter the order code for which the reorder point requirements will be calculated.

13. In the Product Group field, if you want to calculate re-order point requirements by product group, enter the product group for which you are calculating the re-order point requirements.

14. In the Increase Plan To Qty By ___ Units or ___% field, enter the number of units you want to increase the re-order point calculation to include. Or you can enter a percentage of Increase you want to increase the re-order point calculation to include.

15. Press the [Calculate Re-Order Requirements] button. The program will calculate the re-order information according to the entered parameters.

16. Press the [Modify/Examine Calculation Results] button to view the calculation results for each item.

17. Set the Create Planned Orders pop-list to the desired setting. The choices are Replace Existing Planned Orders, Add to Existing Planned Orders, and Create New Approved Requisitions.

 

IMRC Action Buttons

Calculate Re-Order Requirements

Press this button to calculate the re-order information according to the entered parameters.

Create Planned Orders

Press this button to create planned orders according to the calculation results and the Create Planned Orders pop-list.

Modify/Examine Calculation Results

Press this button to examine the calculation results for each item and modify the order quantities before creating planned orders.

Status

Press this button to view stock status information, including on hand, available, and on order quantities for the selected item.

View Log

Press this button to view details about the re-order calculations.

Zoom

Press button to view detailed re-order information about the item.