The Default Order Cycle Settings screen is where you can set up the default rules for order cycles used in replenishment planning by StockIQ.
Most of the time, your default order cycle will be "none", that is to say, an implicit order cycle of 1 day, where other factors such as minimums, multiples, and EOQ's will implicitly determine the ordering frequency for an item.
Access this screen by clicking Admin --> System Configuration --> Default Order Cycle Settings
For overrides, see the Order Cycle Overrides section.
Settings
-
Cycle Type - The type of cycle rule you want used:
- None - No special order cycle (e.g. 1 day order review frequency)
- Fixed - The order/review cycle should be a fixed number of calendar days
- EOQ Based - An EOQ-style calculation will be run for the total activity for items from this vendor, trading off the usage of items at this vendor, their costs, and an EOQ result.
- Minimum-Based - An order cycle will be derived based on supplier minimums for this supplier/category/site combo. For example, if a supplier has a $10,000 order minimum, and it takes you approximately 20 days to have a large enough order that would represent $10,000, then your order cycle should also be about every 20 days.
- Fixed Order Cycle Length - If you selected the "Fixed" mode in your cycle type, here is where you enter the number of days for your order cycle.