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KNOWLEDGE LIBRARY

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MOST READ

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...

02Jun

Inventory Carrying Rate

The inventory carrying rate (ICR) is the percent of the unit inventory value used to...

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...

Inventory Activity Profiling

Inventory activity profiling (and data mining) is the process of collecting, presenting, and interpreting information pertaining to on-hand inventory. The goal of inventory activity profiling is to identify opportunities to reduce inventory and increase service at the same time. Inventory activity profiles include:

  • SKUOn-Hand Inventory Profiling
  • SKUPopularity Class On-Hand Inventory Profiling
  • SKUAge On-Hand Inventory Profiling
  • SKUStatus On-Hand Inventory Profiling
  • Warehouse Location Inventory Profiling
  • Customer Location Inventory Profiling
  • Supplier Inventory Profiling
  • In-Transit Inventory Profiling
  • Troubled SKUs Reporting
  • Demand Variability Profiling
  • Forecast Bias Profiling
  • Run and Purchase Quantity Profiling
  • Leadtime Variability
  • Leadtime

 

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