In the 2 nd volume of this series, we explored the four types of coverage codes: “Requirement”, “Period”, “Manual”, and “Min/Max.” All four types allow the use of a Minimum (safety stock) level, which is a value specified in the Item coverage. This blog aims to demonstrate how we can properly manage and use safety stock in Dynamics AX and get the most out of our inventory by discussing:įirst, let’s talk about what safety stock in AX actually does. Our goal as inventory managers and planners is to minimize the variance that attributable to these factors. There are many mitigating factors such as: unreliable vendors, weather delays to carriers, and unforeseen spikes in demand. This basic concept ensures that the majority of the time, you will not run out of inventory since you are holding the average usage of it in stock, and by the time you run out replenishment inventory will arrive. The golden rule you should follow is that the amount of inventory you should hold should be, at the very least, equivalent to the amount of inventory needed over an item’s lead time. We can apply the exact same question to your safety stock, or minimum inventory level. He was basically challenging that their military simply did not have enough supplies to last for the length of a potential siege. In the latest season, the character Blackfish asks an enemy “Do you have enough provisions to last two years?”. Multiple times throughout the series, characters talk about provisions. Since we already know how much I love analogies, I’ll going to steal from one of today’s most popular TV shows, Game of Thrones. Today, we’ll go into a feature set with one goal in mind: accurately setting up safety Stock. So far, we have gone through the main setups of Master planning and ensuring that you configure AX to match your company’s business processes and scenarios. Hello and welcome to our continuing series of blogs devoted to the world of Microsoft Dynamics AX Master Planning in AX.
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