Redwood: Use a Default Page Layout to Review Replenishment Plans
Welcome to the demo of the update 25B, use a default page layout to review replenishment plans in supply chain planning, replenishment planning. With this feature, you can use a page layout with a default set of tables and graphs related to replenishment plans.
You can use this page layout as an example that you can tailor to your business needs to perform a day in a life planner flow. This will result in enhanced planners productivity and makes the plan analysis easier.
This demo will show you how you can use a default replenishment plan analysis page layout to analyze your replenishment plan results. You can identify the issues and take actions to resolve those issues. Let's review the stock-out by segment pie chart. It shows the percentage of item location stocked out by segment.
Let's review the high cost segment that has around 29% stock-out. Let's drill down to stock-outs by item location to find out which items are having stock-outs. You will notice that the item with stock-outs are arranged in the descending order of revenue. We will first concentrate on the top revenue item.
Let's drill to Replenishment Workbench to understand supply and demand picture of this item, and why this item has shortages. You can see the Replenishment Workbench that shows time phase plan data of all the important planning measures. You can check supplies, demands, inventory level, and min/max policy values of this item location.
We can observe that this item has stock-out starting from 111. This is primarily due to sudden increase in the demand on these two days. One of the ways to resolve this stock-out is to increase min and max policy values. Let's increase the min value first.
We will select these cells. We will then click on the Edit icon. A drawer will open. We can provide the new min value as 75 units and apply the changes. The min value gets updated here.
We will now increase the max values. We will select these cells. And we'll click on the Edit icon. In the drawer, now we can specify the new max quantity value as 120, and then apply the changes. We can see that the max values got updated. We need to save these changes by clicking on the Save button.
We'll now run the simulation plan. Click on the More Action button. And then click on the Plan Action. Click on the Run Plan Action, I mean. The Run Plan drawer opens. Here, we would like to run the plan in the simulation mode, so we will select do not refresh with current data option. And since we would like planning to calculate replenishments based on the newly provided policy overrides, we will select Calculate Replenishment checkbox. And then we'll click on the Run button.
You will notice that a confirmation message is displayed here. And you will also notice that the badge, which shows that the Plan Run status is now processing. Once the plan is completed, the badge changes to completed status. We can now review the new plan results. We can observe that the stock-out situation is resolved.
We will now navigate back to Replenishment Plan Analysis page. The current stock-out percentage for this segment is 29% This was before the plan simulation run. Let's refresh this chart. We will now notice that due to the actions performed by us, the stock-out percentage has reduced from 29% to 26.7% This is how planners can use the new Redwood user experience and various analytics to perform their daily planning process and resolve the planning issues. With this, we conclude this demo. Thank you for listening.