Inventory control fields

Field definitions for inventory control fields.

Field name	Description	Usage information
Actual P/Order Lines	Average Total Purchase Order lines per year	The average number of unique purchase order line items in a year calculated over the last 2 years, based on the purchase order date field for Supplier ("SUP") lead-times.
Current P/O Lines	Expected Annual Number of Purchase Order Lines based on current reorder levels	The number of orders per year based on the average order quantity and the forecast annual usage.
Current Safety Units	Current Safety Stock in units	Calculated based on the Current Min or ROP.
Current Turnover	Current Stock Turnover Ratio	This value is calculated as Forecast Usage Value over Stock Holding Value.
Intransit SOH	In transit Stock	On Hand Extracted from the ERP - Quantity of Stock on Hand in-transit.
Lead Time Code.	Lead Time Code.	Used to designate which lead time value is adopted and displayed. For example, "A - Average" or "S - Stated".
Lead Time Sigma.	Lead Time Standard Deviation.	The number of units of an item that can be expected to be used during the time period represented by the lead time variability.
Lead Time Variance % Supplier.	Lead Time Variance %.	A measure of the degree of variability in the Supplier Lead Times.
OOB Reorder Point	Optimal/Optimal/Best Reorder Point (ROP)	Reorder Point based on "Optimal" Reorder Level Methods and "Best" Forecast Method.
OOB Reorder Quantity	Optimal/Optimal/Best Reorder Quantity (ROQ)	Reorder Quantity based on "Optimal" Reorder Level Methods and "Best" Forecast Method.
Overshoot	Average Reorder Point (ROP)	Overshoot When Stock on Hand falls below the Reorder Point due to a goods issue.
P/Order Lines	Expected Annual Number of Purchase Order Lines	Value based on the solution Recommended Reorder Point and Reorder Quantity.
Recommended AOQ	MIO Inventory Optimization Average Reorder Quantity (considers pack size)	Value based on the solution Recommended Reorder Point and Reorder Quantity.
Review Lead Time.	Administrative Review (Internal) Lead Time (days)	Clients defined lead time to take into account time taken to review a material requirement and process to a purchase order.
ROM	Reorder Method	The Reorder Method (ROM) field is used to determine what values are passed between the ERP and the solution during the Import and Export phases.
ROP Method	Reorder Order Point calculation Method.	A drop-down list of selectable parameters for example optimal, hold zero, hold one, define.
ROP Parameter	Re-Order Point calculation Parameter	User-defined parameter entered when using some of the non-optimal methods.
ROQ Method	Reorder Order Quantity Calculation Method.	A drop-down list of selectable parameters for example optimal, hold zero, hold one, define.
ROQ Parameter	Order Quantity Calculation Method Parameter	User-defined parameter entered when using some of the non-optimal methods.
Smoothed SOH	Smoothed Average Stock on Hand	This field allows the average stock holding to be tracked by smoothing the past and current stock holding.
Stock On Hand	Current Stock On Hand (SOH)	Extracted from the ERP.
Total Lead Time	Total Lead Time (days)	Calculated as Review + Selected lead time + Delivery leadtime.
Turnover Expected	Stock Turnover ratio	This value is calculated as Forecast Usage Value over Stock Holding Value based on Recommended Reorder Point and Reorder Quantity.