BENEFITS OF DOCUMENT
DESCRIPTION
The first law of inventory : The Day you put an item into stock it becomes the wrong item.
This presentation is prepared to assist during Cash flow improvement assignment while performaing Inventory Analysis, This is step by step analysis and understanding of Process in detail.
This can also be used as training material for Projects team.
This document content following
Replenishment Quantity
Dictated by replenishment time
Service Buffer
Demand Variability
Service Level Agreements
Service Level Confidence Interval Multipliers
Murphy (Risk) Buffer
Risk assessment dependent
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Source: Best Practices in Inventory Management PowerPoint Slides: Lean - Inventory Analysis PowerPoint (PPTX) Presentation, Nishil Josh
Inventory Management Warehouse Management Supply Chain Analysis Logistics 5S Stakeholder Management Risk Management Lean Management Process Mapping Order Management
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