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KNOWLEDGE LIBRARY

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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 Value Analysis by SKU Type

The figure is an example of an ABC Inventory Valuation Analysis.  It is a little like drilling for oil, in that the analysis helps reveal where the pockets of excess inventory investment have accumulated.  The analysis considers A, B, and C SKUs; purchased domestically and internationally; cross-docked or moved through the warehouse; and located in-transit, in the warehouse, or in a retail store location.  This analysis helps reveal the most significant opportunities for reducing inventory investments.

 

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