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Forecasted in Inventory Inquiry (Read 4445 times)
podell
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Forecasted in Inventory Inquiry
07/16/10 at 12:50:22
 
I just noticed that there is a place for Forecasted parts to show up on the inventory screen!!  Where do you input the information in order for it to show up?
 
Also noticed on the Inventory Inquiry - two different buttons on the bottom of the screen, one is RM and the other SR - when I press on them it says empty file. What are these for?
 
Thank you
 
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Penny O'Dell, Office Manager
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Re: Forecasted in Inventory Inquiry
Reply #1 - 07/16/10 at 18:28:58
 
Forecast is entered in MR-A and there is a setting in MR-M (Evo-ERP Admin menu) to include the forecast in stock status.
 
RM is RMA and SR is Service/Repair orders
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Lynn Pantic
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Re: Forecasted in Inventory Inquiry
Reply #2 - 07/20/10 at 07:23:48
 
Thanks Lynn for the info.  We changed the default - enter the forecast amount-but it doesn't seem to be showing up.  Are we missing something?
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Re: Forecasted in Inventory Inquiry
Reply #3 - 07/20/10 at 10:50:05
 
Have you actually entered Forecast quantities in MR-A?
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Lynn Pantic
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Re: Forecasted in Inventory Inquiry
Reply #4 - 07/20/10 at 11:06:17
 
Yes, we have entered an item in the forecast MR-A - does not show up on the IN-A screen.
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Penny O'Dell, Office Manager
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Re: Forecasted in Inventory Inquiry
Reply #5 - 07/20/10 at 12:24:27
 
Same situation here.
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Re: Forecasted in Inventory Inquiry
Reply #6 - 08/10/10 at 16:56:32
 
might want to adjust the logic for the stock status invoving the Forecast quantity. currently it set to subtract. which if the Top Level item like the W-100 Red Wagon, the forecast quantity is actuall a PLUS, while It's components are a Minus.....
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Re: Forecasted in Inventory Inquiry
Reply #7 - 08/11/10 at 04:48:04
 
So, how is this supposed to work? The forecast is forecasted sales, yes? Do you want those subtracted from the Available to show shortages in availability? Or are they forecasted builds that you want added to availability? The help file seems to be telling me that forecasts would show up like sales orders, which should subtract from available stock and affect MRP accordingly.
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Re: Forecasted in Inventory Inquiry
Reply #8 - 08/12/10 at 05:11:53
 
That is how I understand it.  Forecast is treated like a sales order and deducted from Units on hand.  However, I found out the only type of inventory it works for is "F" - finished good.  Does not work with purchased items - which would be perfect.
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Re: Forecasted in Inventory Inquiry
Reply #9 - 08/12/10 at 05:41:37
 
You forecast sales for items other than finished goods? Sounds a bit odd, but...
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podell
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Re: Forecasted in Inventory Inquiry
Reply #10 - 08/12/10 at 06:24:31
 
I guess I thought I could use the Forecast based on forecast usuage of a part and not actual sales??  I dont' know.
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Penny O'Dell, Office Manager
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Re: Forecasted in Inventory Inquiry
Reply #11 - 08/12/10 at 06:46:17
 
Usage of parts trickles down from forecasted sales through BOMs. You forecast selling 100 doodads and MRP tells you how many parts you need (and when) so you can make those doodads. You can also set a reorder point (safety stock) for individual parts so that you will have a few extra in case of scrap, repairs, late vendors, etc. The bear is entering lead time and other MRP info for the hundreds of parts that going into the dozens of items that you forecast... or the thousands of parts that go into the hundred items in your forecast  Shocked
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Re: Forecasted in Inventory Inquiry
Reply #12 - 08/12/10 at 07:07:00
 
We don't use this at all (although I would love it if sales would do some forecasting) - however, it may not be a good assumption that ONLY finished goods are sold and forecasted (if we mean type F parts).  About 35% of the parts we sell are type F, where we build a finished good from multiple parts.  The other 65% are purchased complete and are tagged as type R parts.  Is there a chance that the utility ignores type R parts?
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Mike Nessen
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Re: Forecasted in Inventory Inquiry
Reply #13 - 08/12/10 at 09:53:55
 
My understanding of the system would suggest that OEM stuff (purchased ready for sale) should be class F. We have a few items of that sort.  
 
And yes, the help on forecasting states plainly that it operates on type F only.
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Re: Forecasted in Inventory Inquiry
Reply #14 - 08/12/10 at 10:15:16
 
Yeah, this is something we have been doing here for 10 years - not saying it is correct.  Perhaps Lynn could let us know if having R parts that we sell could be a problem or manifest itself in strange ways.
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