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Period End Checks

Period End Checks. Customer Conference 2011. Agenda. The 5 W’s of PE Checks Supplemental batches and reports K3S Recommendations Group Discussion. What is a Period End event?. The system selects products that did not perform as expected. When does a Period End event occur?

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Period End Checks

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  1. Period End Checks Customer Conference 2011

  2. Agenda • The 5 W’s of PE Checks • Supplemental batches and reports • K3S Recommendations • Group Discussion

  3. What is a Period End event? The system selects products that did not perform as expected. When does a Period End event occur? Occurs at the end of every forecast interval

  4. What are PE checks? • The system produces batches of items that did not perform as expected and categorizes them by priority.

  5. What are the PE categories? • PE 1 = Items in which the demand is greater than expected (also known as a demand filter high check) • PE2 = Items in which the demand is less than expected (also known as a demand filter low check) • PE3 = Items in which the demand is increasing over time • PE4 = Items in which the demand is decreasing over time • PE5 = Service level requirements have not been met

  6. How are PE1 and PE2 checks decided? PE1 - Demand Filter High Check 200 5 MAD’s Deviation 20% 100 40 3 MAD’s PE2 - Demand Filter Low Check

  7. Trending Products How are PE3 and PE4 checks decided? + + + + + 100 _ -

  8. Why does the system produce these PE checks? • K3S creates the PE checks so the buyer does not have to continually monitor every item they buy

  9. Where are PE checks found?

  10. Where are PE checks found?

  11. PE1 checks

  12. PE 1 check example

  13. PE 2 check example

  14. PE 3 check example

  15. PE 4 check example

  16. PE 5 check example

  17. PE checks summary What is the purpose of the Period End Event? Who should review the PE batches? When should you review your PE batches? Where will you find your PE batches? Why is this critical?

  18. Batches and Reports • There are several supplemental batches and reports to help the buyer, K3S lead, manager and company monitor and maintain items and performance

  19. Batches • Batches are found at the Select Records Review (Option 5 from the main menu) • Select add new batch and a window appears with the list of available batches to run. • Add your criteria (varies by batch type) • Run your batch and within seconds, a new batch will appear for your review.

  20. Batch selections examples • Obsolete Products Batch (OBS) • No on hand or on order (OUT) • Lead Time Exceptions batch (LTM) • Seasonal Profile may need to be added (ZNW) • Seasonal Profile may need a change (ZCG)

  21. Reports • Reports are found by selecting option 7 from the main menu • Select which report you would like to run • Enter your criteria • Submit your job and a report runs to where you have designated it

  22. Report Examples • Overstock Analysis Report • Ranking Report • Purchase Adjustments Report • Forecasting Accuracy Report

  23. K3S Recommendations

  24. Group Discussion

  25. Questions?

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