This is a sophisticated but powerful tool designed for importers. The program's report evaluates each item's past sales history on either a 'weighted average' or 'seasonal average' basis (you decide which), per item. Using that evaluation, the program determines each item's days of surplus and expected usage, taking into consideration: lead time; order cycle; current customer orders; open purchase orders; minimum allowable reorder quantity/lot sizes; and inventory on-hand count. Finally, taking all of that information into account, the program makes a recommendation as to how many of each item you should be reordering, and by what date. This is a must-have for the importer who needs to make critical purchasing decisions where past historical data (even 'seasonal' history) should be considered when answering the question: How many should we be ordering now?
"Suggested Order Report" is part of the Oak Street line of products, developed by Industrious Software.
"Suggested Order Report" is part of the Oak Street line of products, developed by Industrious Software.