This is a simulation page that displays the output values of the In-Transit Stock (R), Average Cycle Stock (R), Safety Stock (R) and Total (R) for all the Product - Location combinations at various service levels.
Use the right-hand context selector dropdown to select a product and location combination.
Pie Chart – Cycle & Safety Stock
The graphical representation of the Average Cycle Stock (R) and the Safety Stock (R). If the safety stock is higher than the cycle stock, the volatility of the demand is higher.
Pie Chart – All Inventory Types
The graphical representation of the In-Transit Stock (R), Average Cycle Stock (R) and the Safety Stock (R).
Parameters
The Edit Parameter panel shows all the default safety stock parameters. Additionally, the Effective Parameter panel shows the current effective safety stock parameters.
| Parameters | Values |
| SIM Service Level Type | Determines the nature of the service level. That is, if the service level is 95%, then setting this to Fill Rate then the service level means 95% of the demand will be met; if this parameter is set to Cycle Service Level, then the service level means 95% probability of not stocking out in the period. |
| SIM Target Service Level | The desired service level, in % terms, and defined by the Service Level Type parameter. |
| SIM Default Lead Time | The lead-time, in number of periods. |
| SIM Default Review Frequency | The frequency, in periods, with which inventory is reviewed/ordered. This will determine the cycle stock. |
| SIM Input to Safety Stock | The measure of variability, which the safety stock needs to protect against.
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| SIM Plan For Safety Stock Calculation | You can choose between the type of plan that's used for safety stock calculation. |
Additional information
Notes:
- Designed for inventory investment analysis only.
- Inventory policies and lead times are determined by the parameter settings and are implemented for all products and locations, regardless of the system's master data.
