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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...

SKU Activity Profiling & Data Mining

The SKU Stock Keeping Unit – a number or set of alpha numeric characters that reference a unique part or item, sometimes called a part number activity profile ranks and classifies items based on $ and unit sales.  The A category is typically comprised of the top 5% of items and they normally account for approximately 80% of sales activity; the B category the next 15% of items normally accounting for approximately 15% of sales; and the C category the remaining 80% of items accounting for the last 5% of sales.  These three categories often makeup natural dividing points in the creation of a segmented customer service policy.

 

 

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