Summary
Supply Order De-Expedite Recommendations are suggestions from StockIQ on how you might be able to prevent excess inventory by de-expediting or canceling supply orders. This article walks through how these are calculated.
Applies To
StockIQ can only make recommendations for de-expediting orders that appear to be un-shipped! This means we must have some information about shipment quantities in the supply order and/or incoming shipment data feeds. If StockIQ is saying all orders appear to be shipped, contact us to ensure your data feeds are complete.
Process
These de-expedite recommendations are primary accessible from the Current Excess Screen and Projected Excess Screen.
The list of de-expedite recommendations is presented in a grid. You can decide which of these recommendations to take and make phone calls or adjustments with your suppliers.
The starting point for the list of de-expedite recommendations is the list of open orders in your system.
All orders are shown, whether or not they can be de-expedited, with an associated De-expedite Action. The possible actions are:
- Delay - StockIQ will try to delay the order first, either in whole or in part, out to the displayed new expected ship date, dock date, and receipt date.
- Cancel - If it appears that receiving this order is a problem that will NEVER be solved, such as in high multiples and very low usage items, StockIQ will recommend you cancel the order entirely.
- Reduce - If delaying the order is no good, StockIQ will see if you can simply reduce the ordered quantity in order to avoid the excess situation.
- None - No action recommended for this order. Usually this is because the order has already shipped, and no de-expedite action can be taken.