Order Requirements (Employees)
Overview
Order requirements in retail are primarily shaped by customer demand, with the goal of maintaining efficient inventory levels, reducing costs, and maximizing profit. However, the unpredictable nature of customer demand introduces significant risks, making it challenging to balance stock levels and avoid both overstock and stockouts.
Consistent order requirements provide a structured approach to managing this uncertainty.
These are a set of rules that dictate when to issue daily or weekly replenishment orders and in what quantity or percentage. These guidelines help ensure that inventory levels align with store policies, supporting consistent and optimized stock management.
For example, if a store typically orders 10 units of a product each week from a manufacturer, the manufacturer might expect a minimum order of 50% (i.e., 5 units) even if customer demand is declining.
This approach helps manufacturers maintain a predictable revenue stream while also encouraging the retailer to manage stock effectively, potentially reducing unit costs through consistent ordering and maintaining strong supplier relationships, which ultimately supports long-term profitability.
This article provides an overview of:
What order requirements are
How to view order requirements.
Reaching "Order Requirements"
- Step 1: Log into Control Center
- Step 2: Choose Location (if you are assigned with multiple locations)
- Step 3: Choose Inventory
- Step 4: Choose Reorder
- Step 5: Choose Order Requirements
Figure 0.0 below will help you understand the navigation better.
Figure 0.0
Understanding "Order Requirements" Layout
Please refer to Figure 0.1 and the description of the buttons and fields below to understand the layout of "Order Requirements."
Figure 0.1
1. View: This button lets you view the order requirement.
1. Viewing Order Requirements
Please follow the steps mentioned below to view the consistent order requirement:
- Click
as highlighted in Figure 0.1.
- When the "View" button is clicked, it will display the predefined consistent order requirements.
- These requirements are defined by corporate users, are accessible to you, and can be used during purchase order creation.
Figure 1.0
1. General Information:
- Name: This is the name for the order requirement.
- Minimum Qty to Order / Min % to Order: Enter the applicable minimum order quantity or minimum percentage quantity, if any.
2. Manage Products:
- In this section, the list of selected products for the order requirement is displayed with their names and UPCs. Figure 1.0.
Action button:
- Click on the "Cancel" button to get back to the Order Requirements home page.
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