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    Min Max Planning

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    PJ1902
    This document describes Min Max Planning in Oracle Inventory. Min Max Planning specifies minimum and maximum inventory levels for items. When an item's inventory drops below the minimum, Oracle Inventory will suggest a purchase requisition, internal requisition, or job to bring the inventory back up to the maximum. The Min Max Planning report is run to generate replenishment orders for items below the minimum or above the maximum. Requisitions are then imported into purchasing and turned into purchase orders.

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    Attribution Non-Commercial (BY-NC)
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    Min Max Planning

    Uploaded by

    PJ1902
    5K views28 pages
    This document describes Min Max Planning in Oracle Inventory. Min Max Planning specifies minimum and maximum inventory levels for items. When an item's inventory drops below the minimum, Oracle Inventory will suggest a purchase requisition, internal requisition, or job to bring the inventory back up to the maximum. The Min Max Planning report is run to generate replenishment orders for items below the minimum or above the maximum. Requisitions are then imported into purchasing and turned into purchase orders.

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    Min Max Planning

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    This document describes Min Max Planning in Oracle Inventory. Min Max Planning specifies minimum and maximum inventory levels for items. When an item's inventory drops below the minimum, Oracle Inventory will suggest a purchase requisition, internal requisition, or job to bring the inventory back up to the maximum. The Min Max Planning report is run to generate replenishment orders for items below the minimum or above the maximum. Requisitions are then imported into purchasing and turned into purchase orders.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    5K views28 pages

    Min Max Planning

    Uploaded by

    PJ1902
    This document describes Min Max Planning in Oracle Inventory. Min Max Planning specifies minimum and maximum inventory levels for items. When an item's inventory drops below the minimum, Oracle Inventory will suggest a purchase requisition, internal requisition, or job to bring the inventory back up to the maximum. The Min Max Planning report is run to generate replenishment orders for items below the minimum or above the maximum. Requisitions are then imported into purchasing and turned into purchase orders.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 28
    At a glance
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    Min max planning is a technique used to determine the minimum and maximum levels of inventory items. It helps suggest when to replenish inventory by generating purchase requisitions, internal requisitions or jobs when inventory levels drop below minimum levels.

    Min max planning specifies minimum and maximum inventory levels for items. The minimum is the order point where a replenishment order is triggered. The maximum is the order up to level. Its purpose is to replenish inventory levels for an item using different document types like purchase requisitions when it drops below minimum levels.

    Inventory levels consider on-hand quantities, demand from sales orders, quantities on order from open purchase orders and requisitions, and work in process component demand. Demand includes unreserved and reserved sales orders as well as work in process component usage.

    Min Max Planning

    What is Min Max Planning?

     specify minimum and maximum inventory levels


    for your items.
     Minimum = “order point”.
     Maximum = "order up to" .
     When the inventory level for an item drops below
    the minimum, Oracle Inventory suggests a new
    purchase requisition, internal requisition, or job to
    bring the balance back up to the maximum.
     Purchase Requisition:-
     Item=Buy
     Source =Supplier
     Internal Requisition:-
     Item=Buy
     Source =Org/Subinventory
     Job:-
     Item=Make
     InventoryLevel = (on-hand quantity -
    demand) + (quantity on-order) .
     Where:
     Demand = unreserved sales orders + reserved
    sales orders + WIP component demand
     On-Order Qty = open PO + Requisitions + WIP
    jobs
     TIMING OF ORDERS
    Inventory Level < minimum quantity

     QUANTITY OF ORDERS
    Order quantity = Maximum Qty – Inventory Level
     Performed by running the Min-Max Planning
    report.
     Can perform at 2 levels:
     Organization
     Subinventory
     NOTE:-
    Subinventory level planning cannot generate jobs and
    does not consider WIP jobs as supply or WIP
    components as demand
     Org Level
     Uses item attribute planning modifiers
     Subinventory Level
     Uses values and parameters set at the
    item/subinventory level.
    Set Up

    Item Attributes:
     Inventory Item
     Stockable
     Costing enabled
     Inventory Asset Value
     Purchased
     Purchasable
     List Price (if Buy item)
     Inventory Planning Method: Set to Min-Max
    Org Level Set Up

    In Item General Tab,Enter:


     Min-Max Minimum Quantity
     Min-Max Maximum Quantity
     Source Type
     Inventory
     Subinventory
     Supplier
    Subinventory Level Set Up

     values can be set using either the Subinventory


    Items or the Item/Subinventories windows:
     Min-max minimum quantity
     Min-max maximum quantity
     Planning method set to Min-max planning
     Item sourcing details
     Inventory
     Subinventory
     Supplier
    Run Min Max Planning Report
    Process
    •Items Under
    Minimum qty
    •Items Over
    maximum
    qty
    •All Min Max
    Items
    = On hand + Supply +
    demand
     Now Go To Purchasing
     Run Requisition Import Process
     Go To Requisition Summary Window
    Your
    Requisition
    No.
    Auto Create The PO and follow the P2P
    cycle.

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