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

Getting Started

Processing a Min Max Update Run

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

Min/Max Update Runs