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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...

Domestic vs. Import Inventory Profile

This analysis looks at inventory turns and days-on-hand by ABC SKU popularity and inbound source (domestic vs. international). This profile highlighted the excess inventory for domestic. A SKUs. Notice that the inventory days on hand for A domestic SKUs is only slightly less than the inventory days on hand for A international SKUs, even though the domestic are only a few days away as compared to several weeks away for international sources. This observation led a significant change in the ordering frequency from domestic suppliers for A items and a nearly 20% reduction in overall inventory levels.

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