Calculate ROP and OUL - Fishbowl Invenotry Tutorial
https://brandowconsulting.com/ How to properly create min and max levels plus a reorder point for better inventory planning. It's best to define healthy stock levels for your most popular parts. Your A class parts are you most popular parts. Set you ABC classes, then assign ROPs with a cushion built in to your A class parts. Assign ROPs without a cushion built into your B class parts. Don't assign ROPs to your C class parts. If the reorder point and min and max levels are defined, Fishbowl Inventory's production planning tools and purchasing tools become more powerful. Take the time necessary to setup Fishbowl properly and you will see your ROI much, much sooner.
https://brandowconsulting.com/ How to properly create min and max levels plus a reorder point for better inventory planning. It's best to define healthy stock levels for your most popular parts. Your A class parts are you most popular parts. Set you ABC classes, then assign ROPs with a cushion built in to your A class parts. Assign ROPs without a cushion built into your B class parts. Don't assign ROPs to your C class parts. If the reorder point and min and max levels are defined, Fishbowl Inventory's production planning tools and purchasing tools become more powerful. Take the time necessary to setup Fishbowl properly and you will see your ROI much, much sooner.