Stock Replenishment

Stock Replenishment Types

This type of replenishment will help give you a visual overview of your stock as well as to provide a quantity that should be purchased when making a purchase order. Inventory replenishment takes into consideration the following factors when providing a quantity forecast:

To utilize inventory replenishment within your SKUSavvy account you can go into a warehouse > inventory > stock replenishment. If you have not set par values for any inventory items this table will look empty so in this guide you will learn how to fill it up!

Bin to Bin Replenishment

Note that stock replenishment is different from bin to bin replenishment. Bin replenishment refers to the process of rebalancing inventory across two or more bins that contain the same item. For instance when you have pallets stored and singles stored of one item and you plan to replenish the pick bin from your pallets.

To turn on bin replenishment for your account head into your company configuration settings and go down to 'Inventory' and turn on bin to bin replenishments.

Set Up Par Stock Levels

Anytime you add new inventory to a warehouse this inventory can be enabled with stock par values which is your minimum desired inventory level and maximum desired inventory level for any given item. Once you click into an inventory item from the inventory table you can scroll down to 'Replenishment' and turn the setting on for the item.

• 1) Select an inventory level within any given warehouse

• 2) Scroll down to view and turn on 'Automated Replenishment'

• 3) Set a minimum par value and see the current inventory level

• 4) Set a maximum par value for the inventory item

• 5) Set a default lead time (this will adjust and become more accurate as you make purchase order within SKUSavvy)

View Stock Replenishment

Once par values are set on inventory items you can view your inventory ranges from the stock replenishment tab under a warehouse > inventory > stock replenishment.

• 1) Click into your inventory > stock replenishment

• 2) Filter by in-range, out-of-range, or all ranges

• 3) Red: out of range products

• 4) Blue: in range product

Automate Purchase Orders

Once you have set up par values for your inventory, SKUSavvy can use these to suggest a quantity during the purchase order creation process. Assuming  you already have vendors assigned to variants, when you go to create a purchase, any item with par values set will show a suggested quantity. This can be adjusted or ignored.

Set Up Bin Replenishment

To set up bin replenishment you will need to find the inventory item within a warehouse and click into it. On the bin locations for that inventory item (must have more than one bin with stock) you'll need to set up a minimum quantity for both bin levels then create the bin adjustment.

You must have the same stock item in more than one bin location to create a replenishment rule.

• 1) Create bin replenishment which pulls up a modal

• 2) Bin from/to selection (requires two or more current bin locations for the inventory item)

• 3) Current bin locations as well as on the map

• 4) Current inventory quantity in each bin

• 5) Set the min/max inventory levels for the bins you want to create a replenishment. The replenishment is initiated on the 'to' bin when it gets below the min level set for this bin

• 6) Current bin replenishment automations set up

Run Bin Replenishments

When you've set up bin to bin replenishments for inventory items, you'll be able to view all and take action on the replenishments required.

• 1) Click into your inventory > bin replenishments

• 2) View bin replenishments needed with the 'From' and 'To' bins denoted as well as the quantity in each bin

• 3) View the current and minimum quantity expected in the 'to' bin. Click the transfer icon to enter quantity and transfer stock

4) Select the bin you are 
5) Enter the quantity you are transferring

Savvy Support

Click the Savvy Support Chat icon in the bottom right of this page to ask all your SKUSavvy questions.