Seasonal pattern for safety stock and demand

The seasonal pattern indicates the (expected) fluctuations in sales.

With seasonal pattern for safety stock you can prevent capacity problems during sales peaks and reduce the risk of obsolete inventory. The safety stock is adjusted to the seasonal factor for the current period. The adjustment in inventory is then added to the reorder point. Capacity inventory can be built by using systematic increasing the inventory.

The seasonal pattern for demand is used to forecast the demand for the item in the next few periods.

You can specify seasonal patterns in the Seasonal Patterns (tcmcs0116m000) and you can indicate how the demand varies during each period in the Seasonal Pattern Factors (tcmcs0117m000) session.

You can link the patterns to an item in the various item-ordering sessions, such as Item - Ordering (tcibd2100m000) and Item - Ordering by Site (tcibd2150m000) sessions.

If you use the forecast function, you must run the Calculate Demand Forecast (whina2202m000) session on the first day of a new period. Based on the forecast method, this session calculates the demand forecast for each item for the next period, in which the seasonal pattern for demand is read.

The result is that this pattern is incorporated in the item's reorder point. Depending on the value of the Lot Size Calculation Allowed check box in the Item - Ordering (tcibd2100m000) session, the Safety Stock and Reorder Point fields are filled with new values.

Note

If you use the DEM Content Pack with Infor LN, consider using the MPL1020 (Calculation of Time Phased Safety Stocks) wizard to set up safety stock calculation data. You can execute this predefined wizard from the Wizards by Project Model (tgwzr4502m000) session after you specified the business function model for your company.