Safety Stock

When a valid Inventory Item is selected in the Inventory Management program and the Safety Stock option is selected, the system activates the Safety Stock Lookup and it loads the Lookup with the safety stock records that have been created for the selected item. The Safety Stock Lookup program allows you to view and maintain the safety stock quantities for a specific inventory item in each of your inventory locations.

Safety Stock is used to reserve inhouse inventory quantities in order to meet obligations you have made to your customers.  For example, you may guarantee that you will have at least quantity 4 of a specific item on hand at all times for the customer.    This situation can be handled by creating a safety stock record for a quantity of 4 for the customer and item combination.  When safety stock is defined for an item, the system will never allocate below the defined safety stock level for the item.  This ensures that the safety stock quantity remains in the warehouse, and it allows you to manually allocate the safety stock quantity to the appropriate customer(s).  When Safety Stock is defined for an item, the safety stock quantity must be manually allocated to the orders for the item.

The Safety Stock Lookup allows you to.

•      View the Safety Stock details, (customers and quantities) for the selected inventory item.

•      View and Edit the Safety Stock records for the selected item in the selected warehouse.

The Safety Stock Lookup program is part of the Order Processing  (OP) System and it is completely described in the doucmentation for that system. You may access more information about the program by accessing it and using the Help key to display the primary documentation for the program.

More:

Depreciate Stock