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Component Planning Overview

Assembly and kitting create special challenges for buyers.  Difficulties determining component replenishment quantities and their timing often results in stock-outs and/or pockets of excess inventory. 

 

The Component Planning application automates the calculation of component requirements and builds the results into Demand Planning’s purchasing plans.

 

Component requirement calculations

·        Parent demand forecasts are exploded to create initial component plan

·        Support for multi-level bills-of material

·        User defined setting for component safety stock levels

·        ‘Nets’ initial plans against parent, component and sub-assembly inventories

·        Planning can be done daily, weekly, semi-monthly or monthly time windows

 

Inquiries and reports

·        Plans:  review planned work orders, purchase orders and warehouse transfers

·        Demand:  Drill up and down through bills to understand sources of demand

·        Availability:  Review current inventory, planned purchase orders and their allocation to forecasts

·        Planning Errors: Drill into asset-up and timing errors generated by the planning tool

 

OverDrive’s Component Planning software can work with any ERP solution, and offers pre-existing integration with the following ERP solutions:

 

Infor’s Application Plus (A+) ERP Software for Distributors

Infor’s NxTrend ERP Software

Chempax ERP Systems

SAP’s Business One ERP Software

Exact’s Macola Progression ERP Software

Epicor’s Vantage Software

Any Other ERP Software

 

Contact us to explore how OverDrive can help with your Component Planning. 1.702.476.0878  info@overdrivesolutions.com