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Implementing Manufacturing and Materials Management: From Empty Plant to Costed Work Order · Module 11 · Inventory Management

Min-max planning and replenishment

Lesson 116 of 188 · 12 min

Set min-max levels at organization and subinventory level, run the min-max planning report, show the resulting requisitions or transfer suggestions, show replenishment for a subinventory, and show the interaction with the wider planning application at a boundary level. Min-max is the simple option for consumables and low-value items where full planning is overkill — fasteners, gloves, cutting fluid. Scope honestly: full supply planning is a separate application and a separate project. This is the lightweight alternative for a defined class of items. Min-max levels need reviewing as demand changes. Another item for the client's runbook — and, like every other runbook item in this course, it needs a name against it.

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In this module: Module 11 · Inventory Management

  1. 1Inventory as a controlled asset
  2. 2Transaction types and reasons
  3. 3Receipts, issues and transfers
  4. 4On-hand, availability and reservations
  5. 5Lot control
  6. 6Serial control
  7. 7Cycle counting
  8. 8Physical inventory
  9. 9Min-max planning and replenishment
  10. 10Period close and what breaks
  11. 11Lab: transact, count and close