Logistics and retail

Demand forecast

Weekly demand, a six-week forecast and the order suggested by the replenishment policy.

Demo with fictional companies, documents and data. · Meridian Supply Co.

Interactive demoMeridian Supply Co.

On hand1900 units

Stock cover4.4 weeks

Reorder point2168 units

Suggested order2010 units

Order exceptions

Answers only from the documents below and cites them.

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Documents the assistant can read (5)

Replenishment PolicyEach product keeps a safety stock of 2 weeks of forecast demand. A purchase order is raised when stock on hand covers less than the supplier lead time plus the safety stock.
Supplier Lead TimesStandard lead time is 3 weeks for domestic suppliers and 6 weeks for overseas suppliers. Expedited domestic orders arrive in 1 week at a 12% surcharge.
Late Shipment EscalationA purchase order more than 3 days late is escalated to the buyer. More than 7 days late, the buyer contacts an alternative supplier and informs the sales team of possible stock-outs.
Returns HandlingCustomer returns are inspected within 2 business days. Undamaged items go back to stock; damaged items are recorded and claimed from the carrier when the damage happened in transit.
Warehouse Cut-off TimesOrders received before 14:00 ship the same day. Orders after 14:00 and on weekends ship the next business day.

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