- Average Daily Sales
- It indicates the Average Sales value of the product under evaluation based on Sales History.
- Maximum Daily Sales.
- It indicates the Average Sales value of the product under evaluation based on Sales History.
- Average Lead Time.
- It indicates the Average lead time the product under evaluation takes to reach its destination based on Purchase History data.
- Maximum Lead Time.
- It indicates the Maximum lead time the product under evaluation takes to reach its destination based on Purchase history data.
- Suggested safety stock.
- Suggested Safety stock is calculated from Average Lead Time, Average Daily Sales, Maximum Lead Time, and Maximum Daily Sales.
- Suggested Min quantity.
- It suggests the Minimum quantity of product under evaluation that should be ordered to avoid an Out-Of-Stock situation.
- It suggests the Minimum quantity of product under evaluation that should be ordered to avoid an Out-Of-Stock situation.
- Suggested Maximum Quantity.
- It suggests the Maximum quantity of products under evaluation that should be ordered to avoid Over Stock situation.
Terminologies
Terminologies
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