Safety-Stock and Lot-Size Simulations are licensed SAP ERP bolt-on tools that can help your organization better manage lot-sizing and safety-stock inventory. This inventory control tool allows a system configuration to automatically maintain and update the material master as organization conditions change.
Functional highlights of the Safety-Stock and Lot-Size Simulations tool include:
- Identification of the most efficient lot-sizing measures for each item.
- Using various methods to identify ideal safety-stock levels down to individual items.
- Optional automation of updates to the material master for safety-stock levels.
- Evaluations of what-if scenarios can be simulated by changing the parameters of lot-sizing and safety-stock algorithms.
- Cost schedules of the lot-size simulations are presented in graphical representations.
- Analytical determination of the impact on customer service level and vendor delivery performance.
