Reorder Points and Desired QOH Levels
Reordering
HandiFox lets you define reorder points and desired QOH levels for
every item on every site. A Reorder Point is a specific level at which your products need to be replenished. In other words, it tells you when to place an order, so you avoid running out of stock. Based on this information, HandiFox can generate purchase orders to replenish your stock when needed (see Automatic Replenishment).
To assign these values for your items, go to Inventory → QOH Viewer and click Reordering at the top-right corner of the page. Select the Site for which you will be defining these parameters, then enter them in their respective columns. When you are finished, click Save.
- Reorder Point is the minimum quantity that you would like to have in stock at all times. Items that are below their reorder points will be included on the next purchase order you generate with HandiFox (based on reorder points and desired levels).
- Desired QOH is the quantity you want HandiFox to target when generating a replenishment purchase order (maximum QOH per item).
- Case Size comes in handy if your vendor supplies items only in batches of the defined quantity. For example, pens can be supplied only in packs of 100 pens. It means that the ordered quantity should be times 100. So, you may set the Case Size to 100 in this case and the ordered quantity will be rounded to hundreds. The way of rounding is specified in the Reorder Rounding column.
- Reorder Rounding allows selecting whether to round up or
down or to the nearest value when the item has a certain case size. As in the example above, the case size (pack) for pens is 100, meaning the quantity to be replenished will rounded to hundreds. There are three options:
- To nearest: Uses standard rounding. E.g., 150 will be rounded to 200, while 149 will be rounded to 100.
- Up to nearest: Always rounds up. E.g., 101 will be rounded to 200.
- Down to nearest: Always rounds down. E.g., 199 will be rounded to 100.