Stock Classes
Stock classes are automatically calculated by Planufac on a weekly basis. The system updates the classes in the early hours of Monday morning (GMT).
The classes can be seen in the Inventory & Forecasting pages as well as the Cycles page
Classes are calculated like this:
The system will multiply the number of units sold in the period (see setting below) by the product MAC (Moving Average Cost)
It will then assign the top X percent as A, the next X percent as B and everything else will be C
If there are no sales then only the MAC is used therefore higher values items will have a higher rating than lower valued items
Stock is categorised as either A, B or C and is performed using the settings described below.
- The first setting chooses which stock take cycles method should be used.
- The second setting chooses how many days of sales history should be used to calculate the class
- The third and fourth setting dictate the percentage splits of products in each class. In the example above the top 20% of products will be class A, the bottom 20% of products will be class C and therefore the middle 20-80% of products will be class C
- The fifth, sixth and seventh setting dictate how often each of these classes should have a stock take performed. These settings are not used if the default stock take cycles method is used.
These settings can be updated within the Misc Settings section of Planufac
Note: Stock classes are calculated both globally and on a per location basis. When viewing the inventory or forecasting pages you will see the global classes. When viewing the Inventory by Location, Forecasting by Location or Stock Take Cycles you will sere the localised class.