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Forecasting: Suppliers Vendors

Distributor steps for adding a Suppliers Vendors record in Encompass and setting forecasting defaults (Forecast Group, lead time, target and max DOI) that products inherit. Requires v22.01+.

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Written by Bailey Naas-Thornton

Minimum Version Required: 22.01

Steps

How to Add Suppliers Vendors Record

1. Navigate to the Suppliers Vendors table.
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2. Click Add Suppliers Vendors.
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3. Enter the required info. When complete, click Add Record.
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Forecasting Information on Suppliers Vendors
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A Forecast Group can be set on a Suppliers Vendors record. Once set any Products under the Supplier will inherit the Forecasting information set on this table. It can be overridden at the Inventory level as needed.
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  • Lead Time Days: Number of days required for the Supplier to fulfill an order. This value will establish the Deadline in the Forecasting tool.
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  • Target DOI (Days of Inventory): Desired minimum number of days of inventory left on the floor after a given week. Once inventory drops below this value, an order will be triggered in the Forecasting tool. The amount ordered will equal the amount needed to reach this value.
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  • Max DOI: Maximum allowable DOI for product. Estimated Order quantities will not exceed Max DOI in the Forecasting tool.

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