RMS 13.1 Business Essentials: Replenishment and Investment Buy
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RMS 13.1 Business Essentials: Replenishment and Investment Buy
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Description
The course describes how to setup replenishment parameters at Item and Supplier Level. It will focus on key replenishment features like the stock categories and order control that determine the type of replenishment and replenishment outputs that RMS offers retailers. The course will also describe essential concepts that interplay in the replenishment process like review cycle, lead time, scaling, rounding, due order processing, buyer worksheet and Investment buy.
Learn To:- Replenishment Types
- Buyer Worksheet
- Investment Buy
- Review Cycle
- Lead time
- Replenishment concepts
Audience
- Application Developers
- Business Analysts
- End Users
- Technical Consultant
Course Topics Replenishment overvi…
Frequently asked questions
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The course describes how to setup replenishment parameters at Item and Supplier Level. It will focus on key replenishment features like the stock categories and order control that determine the type of replenishment and replenishment outputs that RMS offers retailers. The course will also describe essential concepts that interplay in the replenishment process like review cycle, lead time, scaling, rounding, due order processing, buyer worksheet and Investment buy.
Learn To:- Replenishment Types
- Buyer Worksheet
- Investment Buy
- Review Cycle
- Lead time
- Replenishment concepts
Audience
- Application Developers
- Business Analysts
- End Users
- Technical Consultant
Course Topics Replenishment overview
- Providing an overview of the replenishment process
- Explaining the replenishment outputs
- Reviewing replenishment outputs
- Explaining replenishment methods
- Discussing the system options used to configure replenishment
- Explaining Inventory Management levels
- Explaining Activity and Delivery Schedules
- Describing Supplier Replenishment Attributes
- Describing Item Replenishment Attributes
- Describing a Virtual Warehouse
- Describing Stock Orders and Order Control
- Explaining the relation between Review Cycle and Lead Time
- Explaining Service Level, Safety Stock and Lost Sales Factor
- Constant
- Min/Max
- Floating Point
- Time Supply
- Dynamic
- Explaining the uses and functions of the Buyer Worksheet
- Explaining the options related to the Buyer Worksheet
- Explaining Rounding
- Explaining Scaling
- Explaining Truck Splitting
- Providing an overview of Due Order Processing
- Defining investment buy
- Explaining what can be purchased with investment buy
- Explaining the types of investment buy output
- Providing an overview of the investment buy process
- Explaining the setting of investment buy parameters
- Explaining the Batch Processes involved in replenishment
- Explaining the various important System Parameters in replenishment
Course Objectives
- Explain Replenishment
- Describe key concepts in replenishment like scaling, rounding, trcuk splitting and due order processing
- Explain the methods of replenishments
- Describe Buyer Worksheet
- Explain Investment Buy process and types of investment buy outputs
- Describe system variables in replenishment
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