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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
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ABOUT THE AUTHOR
Additional documents from author: 23
Business Excellence Professional with more than 20 years of experience in Manufacturing Operations, Quality Assurance & Improvement and Resource Management across diverse industry verticals. Expertise in managing production activities, streamlining processes / procedures to facilitate smooth production process & enhance productivity.
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Inventory Management Logistics Supply Chain Analysis Visual Workplace Stakeholder Management Warehouse Management
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