I can't answer for the 'hundreds' of other features in 2016 that Jim is missing. But this one was left out inadvertently in the migration to the new UI, and the ongoing process of making all XLs look and feel the same. In Win XL the reorder series functionality has always lived in the Select Data dialog.
← Excel for Mac Ability to reorder chart series In previous versions, you were able to rearrange the order in which series appeared in a chart or graph by reordering them in the 'Select Data source' box.
In Mac XL, it was in the Format Series dialog. The Format Series dialog was replaced with the Format Task pane matching Win XL. Unfortunately, Reorder Series was missed.
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There are plans to add it back, but no schedule yet as to when it will be available in a public update. Currently, the only work-around is to edit the Series formula.
How little is too little? That’s exactly what your Reorder Point will help you determine. Let’s talk about the concept of reorder points, safety stock, and how to put those numbers together to make sure you have the right amount of stock on-hand. When you start your business off you’re probably making orders based on your gut instinct and the money you have on hand, but your reordering can be even more efficient with a reorder point formula. This post will show you what that is, and what numbers you’ll use to come up with a reorder point. How to calculate reorder point The thing to know about a reorder point is that it’s not a static number. It’s based on your own purchase and sales cycles, and it varies on a per-product basis.
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However, once you have a handle on patterns in your purchase and sales orders for a particular product, you’re ready to start putting the variables together. The reorder point formula is: Calculating average daily unit sales Take the case of Archon Optical and their Ghost glasses. Here are the sales of the Ghost over the last three months: If we total those numbers, we get 190 total units sold over the past 90 days.
That means that the daily sales for the Ghost is 2.11 per day. Calculating average delivery lead time Average delivery lead time is simply the amount of time it usually takes for your shipments of a particular product to arrive. You’ll want to have a couple of purchase orders on-hand to check the numbers for this, as the delivery times can vary based on the quantity you order, as well as when you order it. There are a few different ways to calculate this, but averaging things out over the past few months can help provide some context. In the case of Archon Optical, here are a few purchase orders for the last three month of Ghost shipments: If you add the total delivery time (15 days ) and divide it by the number of orders (3 orders), then that’s an average lead time of five days for the product to arrive.
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Quicken essentials for mac upgrade. How to calculate safety stock quickly The idea of safety stock is similar to the idea of a reorder point, which is the stock quantity at which you will generate a new purchase order for that product. A reorder point can be the same as your safety stock number, but it’s usually higher to factor in the lead time.
Some numbers you’ll want to take into account as you decide on a safety stock level are: average daily sales and the daily average that product used in work orders (if applicable), as well as the lead time. but for this article, we’ll keep things simple by calculating based on two weeks of extra demand (14 days). Since the average daily sales for the Ghost are 2.11 (as calculated earlier on this page), that means the safety stock for Ghost is about 14 x 2.11 = 29.54. Or 30 if you round the number up.