| Oracle® Retail Advanced Inventory Planning Store and Warehouse Replenishment Planning User Guide for the RPAS Fusion Client Release 14.1 |
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| Oracle® Retail Advanced Inventory Planning Store and Warehouse Replenishment Planning User Guide for the RPAS Fusion Client Release 14.1 |
|
Previous |
Advanced Inventory Planning (AIP)
A suite of software products that are designed to manage the supply chain needs of large retailers, from interaction with its suppliers through various layers of warehouses down to individual stores and e-commerce sites. It couples time-phased replenishment and allocation algorithms to produce an actionable receipt plan over time. This is based on demand forecasts, replenishment parameters, and inventory availability at the numerous supply points within the supply chain. The suite is composed of Store Replenishment Planning (SRP), Warehouse Replenishment Planning (WRP), Order Management (OM), and Data Management (DM).
Alert
A notice that is displayed to system users that a value is above or below user defined limits (an exception).
Alert Manager
A window that displays the alerts that are assigned to you. This dialog provides a list of all identified instances in which a monitored data value fall outside a set of defined limits. You may pick an alert from this list and have the Alert Manager automatically build a workbook that contains the measure values that triggered the alert.
Alert Workbooks
Workbooks that display all of the alerts that have been issued to you along with the workbooks in which the alerts occur.
Availability Lead Time
This refers to the number of days from receipt that an order is prepared to be shipped to the next level in the supply chain. Valid values are 0 and 1.
Collaboration
A process of exchanging forecasted and actual sales, order, and other data between trading partners.
Commodity
The level at which plans are created for the stores. Commodity is synonymous with product and SKU.
Commodity Pack-Size
Numeric value that indicates the pack-size that may be ordered for a given commodity. Commodity Pack-Size is synonymous with SKU Pack-size.
Constrained Receipt Plan
The Ideal Receipt Quantity is modified to account for the availability of a product at the source location.
Corporate Acceptable Loss
The threshold for the amount of stock that is acceptable to lose due to spoilage. This amount is determined at a corporate level, and it affects measures, such as SRP Ideal Receipt Quantity.
Corporate Discontinuation Date
A date that represents when a SKU Pack-size is planned for discontinuation at the corporate level.
Coupled
An information only flag to indicate a placement lead-time is in effect for this SKU. The coupled flag in not used in any calculations and does not determine that the placement lead-time is used.
Data Modeling
When setting up a new element, such as a new store, the user can select a similar store and use most of the characteristics of that store as a model for the new store.
Decoupled
An information only flag to indicate a placement lead-time is not in effect for this SKU. The decoupled flag in not used in any calculations and does not determine that the placement lead-time is not used.
Delivery Calendar Exception
A delivery lead-time that is used instead of the normal delivery lead-time. The lead-time is a numeric value.
Demand Group
A grouping of similar SKU Pack-sizes used in DM to apply changes for all SKU Pack-sizes in the demand group.
Direct Supplier
A supplier that ships a product directly to a store, thereby bypassing layers of the supply chain.
Dynamic Replenishment Method
A replenishment method that attempts to replenish only the quantity that is required from one replenishment cycle to the next. This method is useful for minimizing the amount of stock on hand while preventing stock-outs. It considers the lead times of the product and forecast prediction intervals for the Safety Stock calculations.
Fixed Period
The future time period in which a user can no longer alter an order that has been placed.
Forecast Data
Information about a store's future demand. In SRP, this data is often referring to data that has originated from a Sales Forecasting System such as Oracle's Retail Demand Forecasting (RDF).
Hierarchy Information
Information from or about data structures (hierarchies), such as product, location, or time.
Home Warehouse
This is the warehouse within the profile that usually, but not always, supplies all of the products from the profile to the selected store. Usually, this is the warehouse geographically closest to the store.
Hybrid Replenishment Method
A replenishment method that is a combination of Dynamic and Time Supply replenishment methods. The main difference between the Hybrid and Dynamic methods is the calculation of Safety Stock. In the Hybrid method, two choices are available to calculate Safety Stock. The Safety Stock is calculated by summing the forecasted demand over minimum days of time supply or multiplying an average rate of sale by minimum days of time supply. The result is compared to the Safety Stock minimum level and adjusted up to the minimum level if required.
Ideal Store Receipt Plan
A receipt plan that is generated after the data is loaded. The parameters set for a particular replenishment method for a particular product/store combination are used to drive the calculations that generates the initial receipt plan. This process considers items; such as product life, rounding constraints, and pack-sizes to determine the ideal receipt quantities over time for each product/store combination.
In Transit
The number of items that have been ordered, picked up, and shipped, but not yet received at the replenished location.
Lead Time Cycle
A cycle of 1, 2, or 4 weeks that specifies the lead-time for an order group on a specific day of the period.
Location Hierarchy
Pre-defined list of stores that is based on attributes; such as size of store, climate, and type of store. There is also a list of supply points.
Lost Sales
The estimated number of historical or projected sales that are lost due to stock outs. Lost sales are used in calculating SRP alerts.
Min/Max Replenishment Method
A simple, non-forecast-based replenishment method that should only be used when it is impossible to generate a reasonable forecast, such as a completely new type of product that cannot be modeled after anything else or for extremely slow-selling items where the minimum presentation levels constantly exceed the weekly demand.
Need
The quantity of a product that represents the inventory demand when considering the defined data at the location level.
Net Inventory
Inventory that has been committed to a replenished location. This includes items on hand, on order, and in transit.
Network Group
A grouping of profiles/warehouses that are used for monitoring the quantities of products that are flowing through the physical network. One profile can only be in one network group at any given point in time unless there are warehouse exceptions within a profile. A network group can contain many profiles.
No Replenishment Method
A replenishment method that is provided for cases when replenishment calculations need to be turned off for a specific SKU/store/day. This method is used for periods when a store does not want to have any replenishment performed.
Order Calendar
A calendar of how many days in advance an order must be placed to be received on a specific day of the period. This calendar is generally produced by repeating an order cycle.
Order Cycle
A cycle of 1, 2, or 4 weeks that specifies how many days in advance an order must be placed to be received on a specific day of the period.
Order Group
A group that has similar order placement/lead-time characteristics. These characteristics include order cycles.
Order Lead Time
The number of days between the date an order is placed and the date that the merchandise is available for sale in the store.
Pallet
A wooden platform that is used for handling, storing, or moving inventory throughout the supply chain.
Parameter Maintenance
The process that is used to set up or update the default values that are used to populate measures and exception thresholds.
Pattern
Patterns are used for placing and releasing orders to WRP and PKMS. Each commodity store combination is allocated a pattern. Patterns may change over time or as a result of switching the commodity to a different profile.
Placement Calendar
A schedule of the date that an order must be released by a store in order for the store to receive it by a certain date. The order must move through the entire supply chain (supplier to store).
Placement Cycle
A cycle of 1, 2, or 4 weeks that specifies how many days in advance an order must be placed from a store to a supplier for it to be received on a specific day of the period.
Placement Lead Time
The placement lead-time indicates that SRP cannot change the order plan after a specified number of days prior to the delivery day.
Planning Group
A single or a collection of network groups. Planning groups enable Network controllers to have a high level view of the volumes that flow through the supply chain and identify any capacity issues at warehouses.
Planning Horizon
The range of planning involved. This is typically expressed as a range of dates (for example, 1-35 days or 1-26 weeks).
Presentation Stock
The amount of stock that must be on store shelves in order to make the merchandise fixture look attractive. Presentation stock is not expected to satisfy consumer demand, but it can be used to do so.
Product
The level at which plans are created for the stores. Product is synonymous with commodity and SKU.
Product Type
All commodities products have a product type (specified in RMS, such as Ambient, Chill, Frozen, or Slow Moving goods), and the product types are linked to a chamber.
Profile
Grouping of products with similar ordering patterns. The profile assists in defining the sourcing rules for a commodity between store and warehouses.
Proportional Spreading
This refers to the ability to change a value at an aggregated level, such as class, and have that value spread to the lower levels of detail while maintaining the relationship that each one is to the total.
Ranging
To specify ranges of positions in a hierarchy over which you want to apply an alert. For example, you might only want one Sub-class of products (and not the entire product hierarchy) to be monitored by a particular alert.
Rate of Sale
An average measure of how fast inventory is sold over a specified time period. In time supply replenishment, ROS is multiplied by the minimum and maximum days of stock values to calculate stocking levels for the time supply window. Also see Time Supply Replenishment Method.
Receive Up to Level
The maximum value to which a chosen replenishment method raises the inventory when generating a recommended orders. Receive Up to Level is synonymous with Order Up to Level.
Recommended Order Quantity
The total number of units that the system suggests should be ordered for a given product/location combination.
Reconciliation Adjustment
The difference between the ideal order quantity and the constrained order due to product availability at the source.
Reconciliation Period
A period of time within the fixed period over which the reconciliation process occurs based on availability of inventory and demand.
Reconciliation Quantity
The suggested quantity to be allocated to each location or location group. This is based on the need and the defined quantity limits. This quantity can be over-written by the user prior to approving.
Regional Distribution Center (RDC)
A stockholding location that is used to distribute goods to stores or other warehouses within a given region. Also see Warehouse.
Release Calendar
A schedule of what date an order must be released by in order to receive it by a certain date. Same as a release schedule.
Release Calendar Exceptions
A release lead-time that is used instead of the normal release lead-time. The lead-time is a numeric value.
Release Cycle
A cycle of 1, 2, or 4 weeks that specifies how many days in advance an order must be placed from a store to a warehouse for it to be received on a specific day of the period.
Release Date
The date that store order goods must leave the warehouse in order to arrive at the store as planned.
Release Schedule
A schedule of the date that an order must be released in order to receive it by a certain date.
Replenishment
A pull method of deploying merchandise to locations that is used for staple products that have a predictable demand, a frequent reorder period, and a base inventory level.
Replenishment Cycle
The set of events that make up one iteration of the replenishment process. For instance, Order Lead Time followed by Review Time followed by Inventory Selling Days.
Replenishment Parameters
Values that are stored to populate measures and exception thresholds specifically related to replenishment.
Replenishment Plan
A unique set of data (calculated according to demand forecasts), replenishment parameters, and inventory availability that gives retailers the ability to project their demand and share these projections with their suppliers whenever it is appropriate.
Retail Demand Forecasting (RDF)
Oracle Retail's statistical and causal forecasting solution. RDF uses state-of-the-art modeling techniques to produce high quality forecasts with minimal human intervention. Forecasts produced by RDF enhance the retailer's supply-chain planning, allocation, and replenishment processes.
Retail Merchandising System (RMS)
Oracle Retail's transaction system that serves as the focal point for information flows throughout the Oracle Retail Product Suite. This has key functions; such as inventory management, purchasing and receiving, price/ promotion management, and replenishment.
Retail Predictive Planning
New generation planning suite that provides solutions that are easy to use, flexible, and in support of all aspects of an organization's planning process.
Review Time (RT)
The amount of time (measured in days) that represents the amount of time between days on which an order may be generated.
Rule
The foundation for USAs is based on the need that defines the data to determine the individual store need based on user-defined rules. Rule modifiers can be applied to the selected rule to further increase the accuracy of the need calculation. There are four Rules to choose from:
Sales History
Forecasted Orders
Forecasted Sales
Manual Index
Rule Modifier
A defined set of data that enables a more accurate calculation of allocation quantity (for example, time definition).
Safety Stock
The number of units to have on hand in order to ensure that enough items are ordered to cover deviations from forecasted demand.
SKU
Stock Keeping Unit. A SKU is a number that is associated with a product for inventory purposes. Also see Product.
Source Switching
The process of moving a supply point for a product/store combination. Switching is used to balance the quantities of commodities that are flowing through the system (for example, Christmas). It is also used for resolving Warehouse supply problems. There are two types of switches: temporary and permanent.
Store Forecast Demand Data
Information about a store's future demand. In SRP, this data is often referring to data that is originating from a Sales Forecasting System such as Oracle's Retail Demand Forecasting (RDF).
Store Format
A grouping of stores with a similar layout. Examples include Local, Supermarket, and Super Center.
Store Placement Lead Time
The time that a product takes to get from the supplier to a store from the order date.
Store Release Lead Time
The time that a product takes to get from a RDC to a store from the order date.
Store Replenishment Plan
A unique set of data (calculated according to demand forecasts) replenishment parameters, and inventory availability that gives retailers the ability to project their demand and share these projections with their suppliers whenever it is appropriate.
Store Replenishment Planning (SRP)
A component of the Oracle Retail Advanced Inventory Planning solution. It uses a set of parameters and calculations on loaded static and dynamic data to produce a replenishment receipt plan at the store level.
Store Shipping Lead Time
The number of days between the date an order is shipped and the date it is expected to be received in the store.
Supplier
The top level in the Retailer supply chain. This is the first level, which is not always owned and operated by Retailer.
Time Supply Horizon (TSH)
An optional measure that determines the number of days used to calculate the rate of sale from forecast data. If a TSH is not specified, forecasts are simply summed over the minimum and maximum days of supply.
Time Supply Replenishment Method
A replenishment method that allows users to maintain a minimum and maximum amount of stock in terms of days of supply. This method is useful for replenished items where the objective is not necessarily to reduce the inventory on hand, but to prevent stock-outs and maintain a constant inventory within a specified range.
Unconstrained Receipt Plan
The Ideal Receipt Quantity based on the current inventory position, the Receipt Point, and the Receive Up to Level allocation boundaries.
User Specified Allocation (USA)
A component of the Store Replenishment Planning (SRP) solution that allows for system users to push inventory to a given store or a group of stores.
Value Added Product
A promotional product that includes an addition amount of the product for the same price as the un-promoted product.
Warehouse
A stockholding location that is used to distribute goods to stores or other warehouses within a given region. Also see Regional Distribution Center (RDC).
Warehouse Chamber
Grouping of products with the same storage characteristic or distribution channels (WH-CH). For example, Ambient, Chill, Frozen, or Slow Moving goods.
Warehouse Replenishment Planning (WRP)
A component of the Oracle Retail Advanced Inventory Planning solution that determines the orders between depots and suppliers while constraining each depot's orders based on product availability at its source. Supplier orders are not constrained.
