Optiply

This is a feature that allows you to recalculate the order advice

Adjust Order Size

Advised Reorder Period

An assembled product is a product that consists of multiple parts. It can be picked in multiple steps, or might have a production process.

Assembled and composed products

The supplier page shows a measured delivery time, this is measured on the basis of your WMS system.

Average Lead Time/ Measured Delivery Time

Optiply can plan backorder purchase orders based on the stock levels of your products.

Backorders

Dropshipping is a form of logistics in which products are sent immediately to the final address, without being stored in the meantime.

Cross-docking and Dropshipping

Dead Stock

The expected demand (per month) is the demand for the coming month, based on the forecast.

Demand (per month) or 30-day forecast

Optiply can plan extra emergency purchase orders based on the stock levels and lost sales expectation of your products.

Emergency & Preponed Orders (Avoid Lost Sales)

The expected delivery date is the date on which you expect a purchase order to be fully delivered and processed in your warehouse.

Expected Delivery Date

Export your data into a CSV or XLSX file.

Exports

Fixed order costs are costs that you incur with every order, regardless of the size of the order.

Fixed order costs

The cycle is the period for which you want to hold stock

Forecast (cycle)

Free Stock / Physical Inventory

History Length

Ignore

Inventory costs consist of interest, space, and risk. These costs affect how much inventory Optiply puts down.

Inventory costs

The stock value is the purchase-related inventory value, calculated by Optiply. This article describes how we calculate it.

Inventory Value/Growth Percentage

The delivery time deviation can be found in the supplier page, it is measured by us.

Lead Time Deviation

With the 'Lost sales' feature, you will receive an extra order if you are about to run out of stock.

Lost sales/ Emergency Orders

You can order with us by mail if you can only order certain items by outer carton or in lots.

Lot Size

The Minimum Order Quantity or MOQ indicates the minimum number of pieces that must be ordered.

Minimum Order Quantity/ MOQ

The minimum stock represents the desired lowest quantity of a product.

Minimum Stock Level

In Optiply it is possible to purchase the same product from multiple suppliers. Learn here how this works.

Multiple Suppliers

New-product label

The 'Order Up to' is the desired stock level that we recommend for a cycle.

Order Up to Value

If a product is phased out, Optiply will no longer advise this product to buy until you receive backorders.

Phasing out

Predecessor and Successor Products

In this page we explain the indicator of reliability

Reliability

Defined period between two orders, in days for products and suppliers

Reorder period/ (Manual) ordering period

The safety stock is the stock that Optiply thinks it needs to deal with unexpected events.

Safety stock

This page describes the concept of seasonality in Optiply

Seasonality

The service level is an indicator of the delivery reliability of products.

Service levels

Snoozing a product makes sure that we will not purchase the product, until your next order moment or the next date you define.

Snooze

The stock position is the physical stock added up with the incoming stock

Stock position

On this page we'll explain how the 'Stock time' works

Stock time

Lead time is time it takes from ordering a product at a supplier, until it is in stock at your warehouse.

Supplier Lead Time and Product Lead Time

Time-dependent stock position allows you exclude deliveries out of your cycle period

Time-Dependent Stock Position

Trend

The turnover time can be seen in the Optiply dashboard and it shows "how long a euro has been on the shelf".

Turnover time

Wholesale setting

Carla Domingos

Ricardo Guerreiro

Joren Straatman

Wiki

Optiply App

Find answers and get help from Intercom Support and Community Experts

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