Let's take a look at the Manage Button
Company Settings: these settings become your defaults for items in your catalogue that do not have their own set item or vendor level ordering parameters.
Lead Time: is how long it takes for an item to become saleable from the time you place the purchase order. This includes all assembly, manufacturing, and shipping.
Service Level: is the percentage chance you want to have of not going out of stock. For example, a 50% SL would recommend replenishment based solely on our sales projection with no added safety stock cushion. Service Levels can range from 50-99%, but be aware, the higher the SL, the higher amount of safety stock we are going to suggest.
By default, ForecastRx will send you confirmation emails to let you know when data Syncs and Forecasts have completed processing. If you’d prefer not to receive these emails, simply toggle these options off in your Company Settings.
Your Items are your active SKUs that you have stored in your data source. ForecastRx only pulls in active SKUs. If you ever want to sync previously inactive items in the future, simply reactivate them in your data source and we’ll be sure to grab them during the next scheduled sync. Each item can carry its own ordering parameters, which will trump any Company or Vendor settings you may have applied including Lead Time and Service Level. Additionally, you can configure MOQ, Vendor and Vendor Price for each item, so that your purchasing recommendations can be quantified monetarily to the highest degree of accuracy.
Vendors are the companies you purchase your items from. Each vendor can carry their own ordering parameters which would trump any Company settings you may have applied, including Lead Time and Service Level.
Quickbooks Users: Your list of vendors should pull in from your QuickBooks company file directly. However, we suggest using ForecastRx to apply specific settings that will improve the accuracy of your forecasts and purchasing recommendations.
All Other Users: You will use a pre-formatted CSV template to import data for the list of Vendors you procure your items from. Once imported you will be presented with the results in a management grid and have the opportunity to configure optional settings that will improve your forecasts and purchase recommendations.
For QuickBooks Users and Amazon Seller’s we don’t advise modifying individual demand records in ForecastRx. We pull these records directly from your datasource and will overwrite any changes you make to previously synced demand on your next sync. To modify demand for specific periods to account for stock-outs, promotions or other anomalies, you will have the opportunity later on to use our Manage > Advanced > Modify Item History features.
Take A Closer Look
For importing supply into ForecastRx, we require you to provide a PO Num, Item Name, Due Date, Vendor Name and Open Qty (Amazon ASC customers will also need to supply ASIN). If we aren’t syncing your purchase orders or warehouse quantities automatically from your datasource and you aren’t intending to use our in-app Create PO Wizard to build, track and reconcile your orders, us our downloadable CSV file and populate the cells under relevant column headers.
Take A Closer Look
If you would like to schedule a meeting with a member of our team—let us know, we are here to help!