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[Music] hi in this video we want to show you how we easily select the reorder point for our materials with this great and free excel file the first sheet reorder point Theory there is the model we use it is a simplified module and you can docHub it understand the theory destruction of our software is very very easy just to fill the orange cells and read the results on the green cells if you go on the other point software it is just the summary of the formula we are using and if there is a field description you can fill with SKU SKU 1 2 3 2 3 for example then you have to select the major unit could be peace and starting period you wanna select for example 30 October 2016 then you have to set the historical quantity if you have this data or an eye policies quantity for the good number which 24 to have a docHub amount of data so lets do 100 year 120 year and so on now the software give you at the bottom the average demand in 24 months and the standard deviation this is for PC status
