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The most cost-efficient quantity of product to purchase when replenishing stock. The EOQ balances the cost of carrying inventory with the cost of replenishing the inventory and considers more than just the cost of the product to determine the best quantity to buy. For more information, see How the System Uses the Economic Order Quantity.
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An application that helps you analyze your business data in a variety of formats. The system includes a standard set of formats with the product. In addition, the system provides user-defined formats, or templates, for you to design graphs to meet your business needs.
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A companion product that you can use to set up an electronic trading relationship with your customers and vendors. EDI enables your company to conduct routine business transactions through an automatic computer-to-computer exchange of business documents. For more information, see Electronic Data Interchange (EDI) Overview.
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A vendor from whom a branch may procure needed stock in an emergency.
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Sales of a product in a quantity far above the average quantity sold. Exceptional sales can distort the demand calculation. The system ignores sales manually marked as exceptional. The system also allows you to set a parameter to eliminate exceptional sales from the demand calculation.
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