Overview of the Policy Comparison Feature
The policy comparison feature automates the comparison of suggested policies with existing policies. You can set a threshold percentage for automatically accepting suggested policies and manually accept or reject the remaining, suggested policies.
Comparisons for Policy Types and UOMs
This table lists the policies that are compared for different policy types and units of measure (UOMs):
| Policy Type | UOM | Compared Policies |
|---|---|---|
| Min-max planning | Days | Minimum days and maximum days |
| Min-max planning | Units | Minimum quantity and maximum quantity |
| Fixed order cycle | Days | Maximum days |
| Fixed order cycle | Units | Maximum quantity |
| Reorder point (ROP) and order quantity | Days | ROP days |
| ROP and order quantity | Units | ROP quantity |
| ROP and economic order quantity (EOQ) | Days | ROP days |
| ROP and EOQ | Units | ROP quantity |
| Periodic automatic replenishment (PAR) | Units | PAR level and PAR maximum quantity |
Benefits of the Policy Comparison Feature
By using the policy comparison feature, you can avail of these benefits:
- Automatically accept suggested policies if the percentage of deviation between them
and the existing policies is within the threshold.
Therefore, you can avoid manually reviewing the suggested policies for millions of item-location combinations and improve the efficiency and accuracy of your policy-comparison process.
- Manually accept or reject suggested policies if the percentage of deviation between them and the existing policies is above the threshold.
- Use embedded analytics to review the policy-comparison process.
Points to Note About the Policy Comparison Feature
Note these points about the policy comparison feature:
- You can't use the policy comparison feature with the inventory rebalancing feature.
- When you use the policy comparison feature with the feature for end item
substitution and supersession, the last policy value that isn't null in a time bucket
is taken as the suggested policy value for that time bucket.
When the suggested policy values are accepted or adjusted, the measures are updated only within the effective dates for items in the substitution or supersession chains.