Planning concepts

Planning concepts are collections of settings that can be associated to different groups of parts. Some default planning concepts are:

• Non Stock
  Used for items that are phased out or non moving.
• Just in case
  Used for slow moving items, especially when they are expensive. This planning concept contains slow moving models like the Typical Demand Quantity. Also the statistical demand distribution is catered for slow moving demand patterns.
• Lean
  Used for expensive fast moving items. Similar to wholesale.
• Proactive
  Used for non moving items that can still contain future reservations that need to be covered. This planning concept uses proactive demand forecasting.
• Wholesale
  Used for cheap fast and medium moving items. Involves the more traditional forecasting and inventory models, similar to retail.