Vendor Managed Inventory (stock level monitor)



1. Introduction 

Learning Content

This learning unit shows how to use the VMI monitor in order to monitor the stock level and to trigger new orders from the customer. 

Learning Targets

You can use the VMI Monitor to monitor the stock level and to trigger new orders.

Prerequisites & Cross-References 

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2. Presentation 

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3. Recording area

[pic]

[pic] Click the Logistic tree entry.

[pic] Click the Forecast/VMI tree entry.

[pic] Click the VMI button.

[pic]

[pic] Click the Details button.

Here you get an overview of some basic outline data:

- your material number

- the current consignment stock level

- the agreed lower and upper limit for the stock level at the customer’s warehouse

 

A traffic light gives directly a short indication:

Red traffic light: The current stock is out of limits

Green Traffic light: Sufficient material on stock

Yellow traffic light: Critical stock level

 

ATTENTION: This traffic light only refers to the current stock level without taking any planned/ordered quantities or customer requirements into consideration!

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[pic] Click the vertical scroll bar.

Adjust the time frame according to your needs!

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[pic] Click the Enter order button.

After you interpreted the table / the graphic you can trigger yourself the required orders to be created via [pic]in the respective column.

You won’t get any quantity proposal!

Calculate the quantities with respect to

- current stock level

- min.- und max.-stock level

- already posted orders

- customer forecasts

- Handling unit quantities

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[pic] [pic]Enter 250 in the field quantity.

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You can confirm your entry either by using [pic] or ENTER.

[pic]

[pic]

[pic] Click the Save button.

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[pic] Click the Create order button.

[pic] [pic] Instantly with the newly planned delivery the graphic will change.

[pic] [pic] Now you see a new table line Preview Current Stock.

[pic]

[pic] Click the Save button.

When saving your entry you trigger the creation of an order in the system of the respective FST company.

After a short delay you will find these order items among the received orders.

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[pic] Click the OK button.

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[pic] Click the OK button.

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[pic] Click the Reload button.

[pic]

[pic] Click the vertical scroll bar.

With the reloading the system now uploaded the new order. Now the line Preview Current Stock is gone again but the quantity of “orders” has been increased.

[pic]

Propose further customer orders to ensure a stock level in accordance with the agreement.

[pic] Click the Enter order button.

[pic]

[pic] Enter 150 in the field quantity.

[pic]

[pic] Click the Save button.

[pic]

[pic] Click the Create order button.

[pic]

[pic] Click the Save button.

[pic]

[pic] Click the OK button.

[pic]

[pic] Click the OK button.

[pic]

[pic] Click the Reload button.

[pic]

[pic] Click the vertical scroll bar.

[pic] Via the tab „goods receipt“ you can display the received quantities at the customer’s warehouse.

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