Inventory Replenishment

Inventory replenishment is the process of ordering stock from suppliers in time to meet customer demand and avoid stock shortages.  Sandbox will calculate the order quantity based on the ordering controls on the product, on hand, and available to purchase (ATP), and on order. 

The ordering controls, Reorder Point and Maximum Quantity, serve as the Min/Max method and attempts to keep your on hand inventory within a specific range.  

Reorder Point is the lowest quantity you want to maintain on the shelf / ATP .  If the quantity reaches or goes below the reorder point then the product will show up in your replenishment to order.

Maximum Quantity is the maximum quantity of product to order.  This will factor in ATP and product already on order from a supplier to reach maximum quantity.  For example, if maximum quantity is 20, and there are 2 ATP, and 2 already on order then the quantity to be ordered will be 16.

To create a PO(s) from Replenishment;

1. Go to Inventory > Replenishment
   
2. Optional, search for product by Supplier * 
3. Select product to purchase by checking box to the left of product
   
4. Update quantities in To Order column, if required
   
5. Click Create (top right) to add product to PO(s)
   
6. Select supplier for all line items or individually
   
7. Click Purchase Order to create POs

Once created, PO #s can be updated prior to distribution to supplier(s).  You can go to each PO, update Payment Terms, edit/add line items, and submit for approval.   Replenishment POs require approval. 

Interactive Demo: Inventory Replenishment

* when searching the replenishment grid by supplier , the list will filter by product for the default supplier and alternate suppliers.  Alternate suppliers can be set up on the product record under the Suppliers tab.

 

• Related Articles

• Inventory Replenishment based on re-order levels

  If you navigate to Inventory -> Replenishment, you will see a list of all the items that need to be ordered. The quantity to order is [Reorder Point] minus [ATP] minus [On Order]. For example, in the item shown below, the quantity to order would be 0 ...

• Moving inventory

  Below are instruction on how to move inventory from one location to another.  Please click the link to view the tutorial. https://app.arcade.software/share/KLfMADWaraXaB4RSIM4R

• Inventory Counts

  An inventory count is the physical verification of the quantities and their condition in a location. There are four ways to create a count in Sandbox; Manual Count Go to Inventory > Inventory Count Create a count name Select a warehouse location Add ...

• Manual Inventory Adjustment

  Manual inventory adjustments can be made from the Product record > Current Inventory. The current on hand inventory will be displayed in the bottom grid by event. Any negative adjustment will be reduced starting at the oldest event. Positive ...

• Inventory Adjustments by Event

  If making an inventory adjustment that needs to be done for a particular event, this will need to be done from the Inventory > Storage Location. Select the Storage Location Toggle the Products/Lots To filter by procurements, click truck toggle Find ...