Auto-calculate functionality for your Safety Stock levels in QAD
Determining appropriate inventory levels is one of the most important parts of operations in any company. If you have too much inventory, you’ll tie up your working capital and wreak havoc on your cash flow. If your inventory is too low, you’ll have shortfalls in raw materials or finished goods that threaten timely delivery and hamper your ability to serve your customers adequately.
To reduce the risk of shortfalls or stockouts, many companies keep an extra level of safety stock to ensure consistent production and the timely delivery of products.
Determining safety stock levels is a complex and ongoing task for inventory managers since so many rapidly changing variables need to be considered. Forecast changes or inaccuracies, fluctuations in customer demand, lead time variables for raw materials, tariff considerations, and your company’s cash flow situation all contribute to maintaining appropriate safety stock levels.
32 Soft’s Safety Stock Calculator helps you tame the Safety Stock Beast and gives you the power to conquer this crucial piece of the supply chain. Using real-time QAD data, this tool makes it easy to monitor, review, analyze and manage your safety stock levels.
Auto-calculate your safety stock levels!
Once you have your safety stock calculation to the point where you agree with all the new calculated levels of safety stock in the Data Loader template (e.g., no manual changes are required), this entire process can be fully automated on a regular basis—whatever frequency is relevant for your business. This process will run on autopilot, updating the safety stock levels in the background and providing you with the audit report for your records showing what was changed.
Contact us today
to schedule a private demonstration for your team
or request a complimentary 60-day trial of this Data Loader.
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