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Introduction
This document provides instructions on how to set up the procedure to re-compute minimum and maximum stock levels for a number of days’ supply.
Procedure
There are two types of inventory that can be used in Optifacts, Usage and Min/Max inventory. Usage is a basic system that orders a lens each time one is used regardless of how many are actually in inventory. Min/Max manages the quantity on hand by looking at the number of days’ worth of stock instead of specific number of lenses. Minimum being the minimum number of days’ of stock to maintain in inventory, and maximum being the maximum number of days’ of stock to maintain in inventory. To determine the Min/Max levels, the system looks at the last 90 days usage as well as the usage from the same month of the previous year.
We use the configuration editor in menu: 9-1-1 and use the min/max calculation if you have order by usage or Min/Max computation set to M.
Note that this can also be controlled per-supplier in menu 9-1-3.
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