The Infor® M3 Inventory Planning Workbench (IPW) is an online configurable spread-sheet style grid for viewing and/or simulating and editing inventory, demand, and supply across multiple variable time buckets. Filtering of items and color-coding of cells helps the user to focus on exceptions like low-stock, short coverage time, orders vs forecast deviations, expiring stock, and more. Configurable columns allow the user to add information about forecast fulfillment percentage, dynamic coverage time, planned re-classifications, and other measures and KPIs.
With M3 Inventory Planning Workbench, you can:
■ Plan and analyze scheduling proposals to meet inventory needs.
■ Simplify identifying issues with demand and supply, through color coding and filtering of items.
■ Directly release scheduling proposal into real manufacturing orders—directly from within the grid.
■ Plan across multiple warehouses to provide greater business insight.
■ Deliver role-based and configurable capabilities to production planning, customer service, buyers, and more.
The Inventory Planning Workbench is an essential tool for the company’s buyer, improving productivity and empowering informed decision-making and a strategic approach to planning replenishments. Other benefits for the buyer include the ability to see a time-phased view of planned replenishment, an overview of purchased items organized by group of items or supplier, a view of projected inventory levels and coverage time based on firmed and released purchase orders only, and the ability to filter purchased items by targeted minimum coverage days or safety stock.