2016-04-12 - Research - 24193 - 24194 - Safety Stock for LIDS #OrderEntry #US #MMPPSupport #stock

2016-04-12 - 24194 - Research - Safety Stock for LIDS

Requirement


Safety Stock for LIDS

Admin Info


Purpose
Safety Stock for LIDS
Requested by
Jeffrey Mau
Issue Date
04-01-2016
Resolved by

Resolved Date

Document Status
Hold

Detailed Problem Description

(Include Screen Shots if required )

Store Safety Stock specific to customer so that no other customer can steal the inventory.

Recommendations

(Include Screen Shots if required)


Following are the available solutions to address the requirement/issue -

BMS Suggestions

Strategy
Description
Pros
Cons
Rescheduling
Execute rescheduling daily to confirm quantities only for these materials so that LIDS orders are confirmed inventory first. This requires LIDS to have highest delivery priority. The strategy still requires careful demand planning and safety stock calculation.
Fully automated and assures all available stock will go to LIDS first
Order Confirmations cannot go out till rescheduling is completed.
Manual Stock Reallocation
Controls can be put in place at order confirmation and ARUN to make sure selective materials inventory levels are controlled. This involves manual steps to make a decision as to who the inventory should go to. The strategy still requires careful demand planning and safety stock calculation.
Meets primary objective of assigning stock to LIDS first
Manual process requiring effort (cost) and subject to error
Stock confirmation via User Exit
Enhance ATP functionality using standard BADI to influence ATP results.
Meets primary objective of assigning stock to LIDS first
Buries business rules in custom code.
Consignment Processing
Set up Consignment Process - Stock is kept at the customer premises or at a reserved location - as the inventory is consumed, the customer is invoiced. The strategy still requires careful demand planning and safety stock calculation.
Segregates stock for LIDS and provides greater visibility and control to LIDS order fulfillment
Manual process to allocate excess stock to LIDS /non-LIDS customers in case of demand mis-match
Unique LIDS Safety Stock SLOC
Create a SLOC to hold LIDS safety stock in blocked status. If any LIDS orders fail due to inadequate unrestricted stock, stock can be assigned from here if available.
Allows planning and allocation for LIDS separately
1. Requires manual (or user exit) steps to release stock from blocked SLOC.
2. Separate Independent demand and production required
Min-Max Replenishment
Consider min-max strategy for replenishment. Whenever stock goes below a certain minimum, replenishment orders are generated. No demand planning used.
Assures automatic replenishment
Strategy is not forward (demand) facing and generally rejected by current inventory strategists
Dynamic Safety Stock
Consider dynamic safety stock to arrive at the number. This automates safety stock calculation by reacting quickly to demand volatility - thus reducing chances of stock outs or over production.
Lesser chances of stock outs; no need to calculate static safety stock
Does not guarantee all available stock will go to LIDS first; may not be AFS compliant (checking)

NEC Suggestions

Resolution



Release Information


Provide link here to Release Notes if Technical Objects were changed

1. Requires manual (or user exit) steps to release stock from blocked SLOC.
2. Separate Independent demand and production required