The Replen. Coverage Days Profile provides a flexible way to set up the replenishment interval, so that the system can dynamically calculate and adjust the stock coverage days to accurately reflect the days until the next replenishment calculation, which in turn helps the system to propose a more accurate replenishment quantity and avoid an out-of-stock situation.
By using the Replen. Coverage Days Profile the calculation of stock coverage days will consider various factors like Location Closed Days, Inbound Location Handling Time, and Coverage Buffer Days. The Replen. Coverage Days Profile is only used with the replenishment calculation types Average Usage and Manual Estimate.
When a Wareh Coverage Days Profile is defined, the value in the Wareh Stock Cover Reqd (Days) field will no longer be considered in a stock coverage days calculation for the warehouse. The system works the same way for a store.
When a Store Coverage Days Profile is defined, the value in the Store Stock Cover Reqd (Days) field will no longer be considered in a stock coverage days calculation for the store. Instead, the stock coverage days will be dynamically calculated based on the next replenishment calculation date and the parameters defined in the profile. The parameters are:
To set up a Replen. Coverage Days Profile
- Navigate to Departments - LS Retail - Replenishment - Automatic - Profiles - Replen. Coverage Days Profiles.
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On the sReplen. Coverage Days Profile page, define a stock coverage days profile for the warehouse or store:
To set up stock coverage days calculation parameters
Consider Location Closed Days
If you select the Consider Location Closed Days check box in the Replen. Coverage Days Profile page, the location closed days will be determined by the date entry in either the Retail Calendar or the Base Calendar that is assigned to the store location, depending on the value you selected in the Closed Days Calendar field in the Replen. Worksheet Batch page. For more information see Replenishment Batch.
- The Replen. Worksheet Batch page:
Consider Inbound Location Handling Time
If you select the Consider Inb. Loc. Handl. Time check box in the Replen. Coverage Days Profile page, the value in the Inbound Whse. Handling Time field in the Location Card will be used in the calculation of stock coverage days.
For the calculation of warehouse stock coverage days, this field is referring to the inbound handling time of the receiving warehouse. For the calculation of store stock coverage days, this field is referring to the inbound handling time of the receiving store location.
- The Location Card:
Coverage Buffer Days
If the Coverage Buffer Days field in the Replen. Coverage Days Profile page has a value, this value will be used in the calculation of stock coverage days. This field specifies the buffer days to be added in the stock coverage days calculation.
- The Replen. Coverage Days Profile page:
Calculation example
A store is open from Monday to Saturday and has been set up to have 2 days of inbound location handling time and 3 coverage buffer days. The replenishment calculation is set up to be run every Monday and Wednesday:
Replenishment calculation on Monday:
Store Stock Coverage Days = No. of days until next calculation day - Store Closing Days + Inbound Store Handling Time + Store Coverage Buffer Days
= 2 – 0 + 2 + 3
= 7 days
Replenishment calculation on Wednesday:
Store Stock Coverage Days = No. of days until next calculation day - Store Closing Days + Inbound Store Handling Time + Store Coverage Buffer Days
= 5 – 1 + 2 + 3
= 9 days
Note: For Warehouse Stock Coverage Days, the replenishment calculation will refer to Warehouse Closing Days, Inbound Whse. Handling Time, and Warehouse Coverage Buffer Days instead.
See Also
Calculation Type – Average Usage
Calculation Type – Manual Estimate