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Showing posts with the label Supply chain Management

SCM Metrics II – ABC Analysis

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In my earlier post SCM Metrics I – back orders , I covered on how we can track back orders in Dynamics GP for efficient SCM. In this post, I’ll cover yet another powerful Analysis functionality, ABC Analysis available in Dynamics GP. ABC Analysis in Dynamics GP is easier to implement with several options available for us to choose from. Common categorization is A – 80%; B – 15%; C – 5%. ABC Analysis is in its simple form, a way to categorize or group the products. Most common method is to categorize items based on Annual Quantity usage. Dynamics GP ABC Analysis functionality not only provides to categorize items based on Annual Quantity Usage, it also gives other other methods to choose from. Usage quantity (the number of units consumed over a period of time) Usage value (usage quantity times unit cost) On-hand inventory value (on-hand quantity in the Items Quantity Maintenance window times unit cost) Unit cost (the current cost or s...

Item Purchasing Controls

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Most of the mid-size and large-size companies would be interested to have an efficient control on their purchasing processes. Among such common controls are the ability to restrict the Order quantity by Minimum order quantity and maximum order quantity. Minimum order is the minimum quantity of an item that can be ordered. Maximum order is the maximum quantity of an item that can be ordered. Some vendors require that items must be ordered at least the minimum quantity specified by them. In these cases, having a restriction in terms of Minimum order and Maximum order helps efficient purchasing process in any organization. Dynamics GP has many such controls available as part of its Purchasing and Inventory series. Some of the salient features of Item Resource Planning in Dynamics GP include 1. Ability to restrict purchase order by Minimum and Maximum orders 2. Calculate the Average Lead time automatically 3. Suggested Purchase order generator 4. Selection of Vendors based ...