How many parameters are needed for the time phase safety stock function?

The time phase safety stock function in Kinaxis typically requires four parameters. Understanding the need for these parameters is crucial, as they are essential for accurately calculating safety stock levels based on various factors.

These parameters typically include:

1. Service Level: This indicates the desired probability of not running out of stock during lead time.

2. Lead Time: The time it takes from ordering replenishment stock to its arrival.

3. Demand Variability: The fluctuations in demand that can occur, which affects how much safety stock is necessary to maintain service levels.

4. Supply Variability: The uncertainties in supply, which also impact how much safety stock is needed to accommodate potential delays or disruptions in receiving stock.

These elements work together to provide a comprehensive view of the necessary buffer stock needed to handle variability in both supply and demand, contributing to maintaining service levels effectively. Each parameter plays a vital role in ensuring that the safety stock calculation is tailored to the specific circumstances of the supply chain.