Calculating and setting Inventory/Stock need value

To understand the difference between items that sell frequently versus items with sporadic sales opportunities (frequent sales vs seasonal), Paladin has set a default value of 15%, meaning items that sold in less than 15% of the weeks in a year (8 weeks) should be considered sporadic sales opportunities and should be stocked at a lower level during their off-season.

If you want to reduce calculated stock needs (i.e. order less) on slow moving, semi-seasonal products, you can set the value to a higher number. 30% would establish the threshold at 16 weeks (52 * 30%). 40% would use 21 weeks, or less, per year as the threshold.

Note: This setting has no effect on products currently “in-season.” 

To access/change the stock needs value:

1. In Paladin, from the main menu, select File > Setup.
2. Select the Company tab.
3. In the Inventory pane, enter your weekly threshold percent in the Forecast Demand Active Weeks Threshold % field.
4. Click Save, then click Close.