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Showing posts from March, 2013

Min Max Planning

PURPOSE This document is meant to assist in the successful completion of the Min-Max Planning Report  SCOPE & APPLICATION The intended use of this document is for the casual user beginning to use the Min-Max Planning feature of Oracle Inventory. MIN MAX PLANNING & REPORT Min-Max planning is a type of order point replenishment system where the minimum is the order point, and the maximum is the "order up to" inventory level. The order quantity is variable and is the result of maximum minus available and on-order inventory. An order is recommended when the sum of the available and the on-order inventory is at or below the minimum. Oracle Inventory enables you to perform min-max planning at two levels: A. Organization B. Subinventory To perform organization-level min-max planning for an item, you must specify organization-level minimum and maximum quantities. To perform subinventory-level min-max planning for an item, you