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EIDX/CompTIA Forecast/Planning Model IV
Replenishment Planned Shipments) Schedule
This is a forecast used in supplier-managed inventory. It
contains a replenishment schedule - the supplier's planned shipments
to the buyer. Forecast/Planning models are better understood
in the context of replenishment. The replenishment scenario
matrix shows how forecast/planning and order models interact to
form replenishment models.
Forecast/Planning IV Overview (Use-Case) Diagram
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Forecast/Planning IV Activity
Diagram
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| Step |
Description |
| 1. |
Supplier generates schedule of planned
replenishment resulting from netting out of buyer's Supplier-Managed
Inventory (SMI) data. |
| 2. |
Buyer receives replenishment schedule
sent by supplier and validates the plan against its own data. |
| 3. |
If needed, buyer sends back a response
to the replenishment schedule. Generally, a response
is sent if buyer's evaluation of the data indicates that a potential
problem may exist with the replenishment plan, such as a potential
for violation of target minimum and maximum inventory levels. |
| 4. |
If a response to replenishment schedule
is received, supplier evaluates the response. Adjustments
may be made to the current iteration of the replenishment schedule,
or partners may agree to wait for the next iteration of the
process, especially if the next iteration is going to be so
soon that adjustment of the current schedule is not cost-effective. |
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