Planning Time Fences

 

Using a planning time fence can help improve how NetSuite suggests supply orders. Planning time fences help to prevent short term changes to existing material plans by protecting existing orders on the material plan within the time fence. A planning time fence, like a lead time, can be setup for purchasing materials. The NetSuite supply planning engine will look at the time fence to ensure that any system suggested orders (purchase or work) are outside the time fence. Using planning time fences ensures production planning and purchasing users are given adequate time to react to material needs within the realistic time constraints of the production process and/or vendor supply times.

To setup and manage time fences:

Tip Image 1

Click image to enlarge

To setup a lead time and planning fence on an individual item:

Tip Image 1

Click image to enlarge

When the NetSuite supply planning engine runs it will use the lead time and/or planning time fence settings at the item level first and will look at the Inventory Management Preferences if no item settings exist.

The same concept of Time Fences can be applied to the demand side by utilizing the Demand Time Fence field. Demand Time Fences can improve short term planning because instead of utilizing sales forecasts, actual sales orders are used to calculate demand within the Demand Time Fence. Sales Forecast data is still used to calculate demand outside the Demand Time Fence. Similar to the Planning Time Fence, the Demand Time Fence can be setup at a system level on the Inventory Management Preferences page or at the individual item level.

Using both the supply side Planning Time Fence and demand side Demand Time Fence allows you to refine the planning functions within NetSuite to fit the specific needs of your business.