Forum Discussion
mattlud
Mar 09, 2020Copper Contributor
Formula to calculate lead times using inbound, outbound and stock data
Hello everyone, I am getting in touch because I can't work out the correct formula I need to calculate lead times. Is it a nested IF, is it a COUNTIFS or is it something else entirely? All I need i...
mathetes
Mar 09, 2020Silver Contributor
Hi, Matt
I'm on the verge of understanding your need here, but want to ask a question or two.
- Do you have data on expected "inbound" quantities out through week 12? If so, why not show that (just to make the picture complete)?
- What does "Lead time" actually mean? I'm assuming that if it's 0, for example, there's no lead time needed, so you're able to ship out "item X" immediately. (I realize that the answer here is obvious to you, but I'd still like to make sure I'm grasping the picture clearly.) If, on the other hand, the number that one gets by going out to the future turns out to be 1, 2, 3 etc., that means the customer is going to have to wait 1, 2, 3 (etc) weeks before an outbound shipment can be created.
- You write that for week 2, just to give an example, If sum of balance + inbound > 0, then provide count (so 2 in this instance), BUT wouldn't it also depend on the size of the Outbound orders (assuming that "Outbound" represents known orders), or are you taking that into account in your "Stock" number [which is really what you mean by "Balance")?
Anyway, it would help to have those expected inbound figures for weeks 6-12 in order to test the formulas I (or someone else) creates.