KNOWLEDGE LIBRARY

Category

MOST READ

12Jun

Unit Fill Rate (UFR)

The unit fill rate (UFR) for an item is the portion of the total number of units...

27Jun

Warehouse Occupancy Percentage

Optimal storage utilization helps enforce healthy inventory management. In our early work with Honda their...

02Jun

Efficient Procurement Inventory

Efficient procurement inventory (EPI) is often required to realize steep discounts when a special opportunity...

26Jun

Inventory Activity Profiling & Data Mining

Suppose you were sick and went to the doctor for a diagnosis and prescription.  When...

27Jun

Inventory Performance Measures

Inventory performance measures include financial, productivity , quality, and response time indicators for evaluating the efficiency and...

Customer-SKU Activity Profiling & Data Mining

The customer-item sales activity profile is a joint distribution revealing the amount of $ or unit sales accomplished in nine or more segments of business.  The profile reveals the amount of sales accomplished on A items going to A customers, A items going to B customers, …, C items going to C customers.  It highlights the dramatic differences in the logistics activities in different channels of the same enterprise.  For example, there are typically very few customers, very few items, high volumes, high revenues, and intense competition in the AA segment.  There are typically very many customers, very many items, low volumes, low revenues, and little to no competition in the CC category.  The logistics strategy should reflect these stark contrasts.

Leave a Reply

Your email address will not be published. Required fields are marked *