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Question 307 - MB-330 discussion

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DRAG DROP

A company is implementing Dynamics 365 Supply Chain Management.

The company requires that historical transactional data from the current system be used to determine future inventory needs. Transactions that fall outside of a standard deviation must be excluded.

You need to configure the system to meet the requirements.

What should you configure? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.


Question 307
Correct answer: Question 307

Explanation:

Box 1: Safety stock journal Safety stock indicates an additional quantity of an item that is held in inventory to help reduce the risk that the item will go out of stock. Safety stock is used as a buffer in case sales orders come in, but the supplier can't meet the customer's requested ship date.

Safety stock indicates an additional quantity of an item that is held in inventory to help reduce the risk that the item will go out of stock. Safety stock is used as a buffer in case sales orders come in, but the supplier can't meet the customer's requested ship date.

You can to use the safety stock journal to calculate minimum coverage proposals based on historical transactions and then update the item coverage with the proposals.

Box 2: Demand forecasting

Key features of demand forecasting

Here are some of the main features of demand forecasting:

Generate a statistical baseline forecast that is based on historical data.

Use a dynamic set of forecast dimensions.

Visualize demand trends, confidence intervals, and adjustments of the forecast.

Authorize the adjusted forecast to be used in planning processes.

Remove outliers.

Create measurements of forecast accuracy.

Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/safetystock-replenishment

https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/introductiondemand-forecasting

asked 05/10/2024
Liam Derwin
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