Inventory Optimization > Scenario Results > Scenario Summary > Stocking Policy Page Overview > Reorder Quantity Inputs > Reorder Quantity Inputs (Fields)
Reorder Quantity Inputs (Fields)
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Field names with an asterisk () are included in the default display setting.
Field
Description
Carrying Cost
The percentage of part value equaling the annual cost to hold that part in inventory, including such things as the costs of depreciation, insurance, facilities, and time value of money.
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Your Carrying Cost increases as you order more inventory.
EOQ Override
The override value for the Economic Order Quantity.
Lot Size
The increments in which order quantities must be increased for compatibility with vendor packaging.
Max EOQ (slices)
The maximum Pre-Optimization override value for the Economic Order Quantity in terms of slices. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting maximum values set, the minimum of the maximum values take priority.
Max REOQ (slices)
The maximum Pre-Optimization override value for the Repair EOQ. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting maximum values set, the minimum of the maximum values take priority.
Min EOQ (slices)
The minimum Pre-Optimization override value for the Effective Order Quantity. This override can be entered in the following ways:
• On the SKU Overrides page
• On the SKU Detail Report page
• On these containers on the Stocking Policy page:
◦ SKU Overrides
• On these containers on the Inventory Collaboration page:
◦ Fill Rate by Stock Level
◦ SKU Overrides if an override already exists. New overrides cannot be added.
In general, if there are conflicting minimum values set, the maximum of the minimum values take priority.
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You will be asked to confirm any value entered that is greater than the value of the MEO_OVERRIDE_MAX_QTY global setting.
Minimum Order Quantity
The smallest quantity of this part that may be ordered at a time.
Part Cost
The unit cost of the part.
Procurement Fixed Order Size
The quantity of the procured part at the location that should always be ordered.
Procurement Order Cost
The sum of the internal overhead costs involved in the procurement of a part.
Procurement Packaging Size
The size of the packaging, in units, for the SKU for Procurement orders.
Procurement Pallet Size
The size of the pallet, in units, for the SKU for Procurement orders.
Repair Cost
The cost to repair parts throughout the network that are used at the location. For example: Location A has a stock max that will be supplied as follows:
• Repair 5 units at Location A with a Repair Unit Cost of $10.00
• Repair 5 units at Location B with a Repair Unit Cost of $100.00
• Procure 2 units of new buy
Therefore the Repair Need Cost for Location A is $550, and the Repair Need Cost for Location B is $0
Repair Fixed Order Size
The quantity of the repair part at the location that should always be ordered.
Repair Order Cost
The cost to process one repair order.
Repair Packaging Size
Size of the packaging, in units, for the SKU for Repair orders.
Repair Pallet Size
Size of the pallet, in units, for the SKU for Repair orders.
Replenishment Fixed Order Size
The quantity of the replenishment part at the location that should always be ordered.
Replenishment Order Cost
The sum of the internal overhead costs involved in the replenishment of a part.
Replenishment Packaging Size
Size of the packaging, in units, for the SKU for Replenishment Orders.
Replenishment Pallet Size
Size of the pallet, in units, for the SKU for Replenishment orders.
Sales Size
The smallest quantity to order when there is a need for at least one unit. If there is no value for Sales Size, then Lot Size and Lot Size Round are used to determine the smallest quantity to order when there is a need for at least one part.
Set EOQ (slices)
The constraint value in terms of slices for the Economic Order Quantity.
For example, if the Servigistics forecast predicts demand for 20 parts per slice for the next two slices, and Set EOQ is specified as 1.25 slices of forecast, then the EOQ will be 25 units. There may be any number of reasons for overriding an EOQ, such as the material is difficult to store (size, lack of room) or it may have a short shelf life (chemicals). Set EOQ impacts the value of Stock Max by overriding the calculated EOQ value.
Set REOQ (slices)
The constraint value in terms of slices for the Repair Economic Order Quantity.
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