Introduction to Edit Arena
The Edit Arena is a powerful feature within Foresight AI designed for advanced inventory management. It allows users to manage virtually any product attribute, either for individual SKUs or by making bulk changes across groups of products.
Changes made in the Edit Arena will take effect after the next daily data calculations.
What is the Edit Arena used for?
The Edit Arena can be used for various advanced inventory management tasks, including:
Adjusting lead times and purchase order periods on a SKU level.
Setting expiration dates for fresh or perishable products.
Defining predecessors for new products that replace older models, allowing Foresight AI to utilize historical sales data from the old product for the new one.
Defining specific transfer and assembly rules.
Other customization possibilities for inventory parameters.
What product attributes can you manage in the Edit Arena?
You can set and modify various product attributes and business rules within the Edit Arena, either for a single SKU or a group of SKUs:
Minimum order quantity (MOQ): Set the smallest number of products you must order from a supplier in one purchase. If a replenishment recommendation is below the MOQ, Foresight AI will increase it to meet the minimum.
Packing size: Define how products are ordered (e.g., cartons, boxes, pallets). Foresight AI will automatically round up purchase order proposals to be a multiple of this number. For example, you are ordering wine from a wine producer and in packing you have to have 6 bottles of wine, so ForesightAI would allow 30, but not 32.
Order:Allow ForesightAI to suggest an optimum purchase quantity. If you would like to stop ordering just set Order to No. If you uncheck an item from Order, Foresight AI will not replenish it and will eventually forecast zero sales for it once it runs out.
Visible: Completely exclude items from Foresight AI. These items will not appear in lists, reports, forecasts, or purchase order proposals.
Minimum inventory: Set a baseline inventory level you wish to maintain for a product, ensuring the stock never falls below this number (e.g. set as 1 to always keep a display item). This essentially redefines zero for that item's stock level.
Expiration in days: Specify the shelf life of products with short expiration dates (e.g. dairy products). Foresight AI will optimize inventory to cover this specific period, helping to eliminate write-offs due to expiration.
Purchase period: Set a specific purchase order period for an individual SKU, even if it differs from the overall supplier settings. This period defines how long the ordered inventory should last until the next purchase.
Lead time: Set a specific lead time for an individual SKU, which can differ from the lead time set for the entire supplier. Lead time is the interval between placing an order at your supplier and its delivery to your warehouse.
Weight and Volume: Define the weight in kilograms and volume in cubic meters (m3) per SKU. This prepares for future features allowing Foresight AI to create purchase orders that utilize containers efficiently.
Predecessors: Link new products with no sales history to existing, similar products (predecessors) to allow Foresight AI to use the predecessor's sales history and create reliable forecasting from day one.
How to use filters in the Edit Arena
The Edit Arena offers advanced filters to help you select specific SKUs or groups of products for editing. You can work with available filters in several ways:
Direct Pick from a List: Select products directly from a displayed list.
Full-text Search: Search for products by name, sales category, supplier, and more using full-text input.
Mathematical Operations: Apply filters using mathematical comparisons (e.g., greater than, less than).
Yes/No: Filter based on binary attributes (e.g., whether an item is visible or can be ordered).
Bulk Edit: After filtering, you can change a parameter for all selected SKUs simultaneously by inputting the desired value in the first row and confirming the change. You can also set an automatic rule for future edits with that SKU.
Show/Hide fields
There are a lot of fields that you can manage in the Edit Arena. You can show/hide different fields to make sure you view only the fields that matter to you.
Select Show/Hide to see all the fields you can add or remove from the Edit Arena.
You can then enable or disable the different fields.
Close the window to save your changes.