AGR > Orders
Chapter 7
Orders
The system is designed to create order proposals based on the best available information.
The formula is:
Order Proposal = Forecast for Order Period + Safety Stock for Order Period - Stock – Undelivered for Order Period + Minimum Stock Level
Order period is lead time + order frequency
It uses an advanced statistical forecasting engine. It is possible to create order proposals for given products, product groups, vendors, warehouses and other preconditions selected by the user, controlled by the limitation of a report. The order proposals can be adjusted in the AGR module and, when accepted, they will be transferred into the ERP system.
