Calculate Par Lead Times
Security:
Set Up: Inventory
domain in the Inventory functional area.You can calculate par item lead times to help keep track of your quantity needs. Workday
doesn't include manually sourced goods when calculating the lead time.
- Access theCalculate Par Lead Timetask.
- As you complete the task, consider:
Option Description Supplier Start EventWhen you source goods from requisitions, select one of these transactions:- PO Issued
- Requisition Created
Supplier End EventSelect one of these transactions:- Receipt Approved
- Receipt Created
Inventory Start EventWhen you source goods from Inventory, select one of these transactions:- Stock Request Approved
- Stock Request Created
Inventory End EventSelect one of these transactions:- Shipment Closed
- Shipment Created
Previous Horizon DaysEnter the number of days before today that you want to track your par item usage. Workday uses your item usage data to calculate the lead time for the item.Preferred SuppliersEnables you to filter you lead time data to only your preferred suppliers.Source Inventory SiteWhen you don't select an inventory site for your item, Workday uses the default source inventory site for the par location on replenishment requests.
Workday calculates the par item lead times by recording the median number of days that it
takes your organization to fulfill and order to a par location, over the course of a
defined period of time.
Replenish your par inventory.