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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...

Warehouse Location Inventory Profiling

The screenshot from LRI’s Inventory Data Mining System is an example warehouse location inventory activity profile – simply showing the inventory levels in units, dollars, cube, and days by warehouse location. The profile is used to reveal warehouse locations that carry excess inventory levels and have lower inventory performance as compared to other warehouses.

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