The Automated Add days feature is used to add days to the order point for a set period of time.
To get to this screen follow the path below:
Far left tabs > Jet Plane > Automated Add Days
Adding days to the Order Point is a ‘self-scaling’ method, meaning products will get an increase in their Order Point based upon how much they sell in a period.
The Automated Add Days feature is often used by clients who do speculative buying. An example of speculative buying and how it works with automated add days follows:
The price of product A is going up in a few months. The supplier will not let you stock up on it, they have limits on how much you can buy. With the Automated Add Days feature, you can add extra days to the Order Point slowly so the suppliers will not catch on that you are building up inventory. To them, it looks as though your sales are increasing. Three months later, the price goes up on Product A. The difference in what you paid and the new price is the profit and the reason for speculative buying.
Let’s walk through an example of how to set up the Automated Add Days feature.
From the initial screen select Add Automated Add Days.
Once in the Add screen, the first field we have to define is the Record Type.
If you choose the All Locations option, the specific product or supplier will add the specified days to all of its locations.
The Location option appears based on what you selected for the Record Type.
Enter the date you would like to begin adding additional days in the Begin Date field.
Periods is where to set the number of periods to add days to the order point.
Period Type gives the option to have added days occur monthly or weekly.
Once you have entered all the required fields the Add Automated Add Days option in
the bottom right corner will become functional. Click on that to Add the entry.
Last updated on 9/7/18