Min/Max Update Runs
Overview
While many Readysell customers already enjoy the benefit of Readysell’s “average weekly sales” demand prediction algorithm for purchase runs, some of our customers prefer to use min/max for reordering products. The new min/max update run feature lets you take advantage of the best of both worlds. We’ll scan your product file for cases where you believe your min/max value could be adjusted to increase efficiency. You can then tweak the levels and update all your min/max values in one go.
When extracting the min/max run. There are a number of statistical measures that can be adjusted to get the result you need. See: Readysell Statistical Measures
This feature is not available in Readysell Lite.
Getting Started
Essential Reading
Readysell Statistical Measures
Reference
Buttons
Refer to Common Buttons.
| Image | Field | Description |
|---|---|---|
 | Extract Products | Extract prices to be manipulated into this price change run |
 | Finalise | Update the products with the New Min and Max |
 | Reverse | Reverse the update actioned by the Finalise button |
| Attach File | Attach a file to the run |
Fields
| Field | Name |
|---|---|
| Type | This is the transaction type for Min/Max Update Runs (MMURUN (Min/Max Update Run)) |
| Number | The transaction number of the run |
| Status | The status of the run |
| Date | Create date and time-stamp |
| Name | Description of the run |
Lines tab
| Field | Description |
|---|---|
| Product | Product ID and name for that line |
| Site | Site of the product location |
| Cur Min | The current minimum qty |
| Cur Max | The current maximum qty |
| Rec Min | The recommended minimum reorder quantity by the system based on the specified criteria |
| Rec Max | The recommended maximum reorder quantity by the system based on the specified criteria |
| New Min | The new minimum reorder quantity which defaults to the Rec Min but can be overridden by user |
| New Max | The new maximum reorder quantity which defaults to the Rec Max but can be overridden by user |
Message tab
This contains the summary of the update
Details tab
| Field | Description |
|---|---|
| Count of Weekly Sales | is the average number of sales per week over the date range that contained at least one line with the product in it. |
| Quantity of Weekly Shipments | is the average weekly each quantity of products shipped over the date range ie., Quantity Of Shipments / Weeks |