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

Insights & Ideas:

Component Planning Overview