Data history
Data history is the history of an item or SKU (Stock Keeping Unit) within a certain time period, a year for example. Usefulness history data to see patterns of sales of goods (trend) that can be made approximate (forecast) how goods at a time when they will come.
Lead time
Lead time is the span of time required in the procurement of goods ranging from document creation order until the goods arrived in the city or branch concerned.
Lead time components comprise at least:
• Preparation of documents
• Order Submission
• Preparation of picking and dispacthing
• Delivery of goods
• Acceptance and receipt processes into the system
• Put away
DOI (Days Of Inventory)
DOI (Days Of Inventory) is the number of days stock which should be no city or a particular branch. DOI alculations are based on the stock of goods as compared with average sales of a certain period. DOI accurate calculations will greatly assist management in reaching a decision on the value of inventory in total.
Safety stock
Safety stock is stock that must be available at least on a branch. This stock as a guarantee that for goods shipped from a central warehouse / principal, the sale can still be done. Safety stock is usually the same with the lead time procurement.
DOI (Days Of Inventory) is the number of days stock which should be no city or a particular branch. DOI alculations are based on the stock of goods as compared with average sales of a certain period. DOI accurate calculations will greatly assist management in reaching a decision on the value of inventory in total.
Safety stock
Safety stock is stock that must be available at least on a branch. This stock as a guarantee that for goods shipped from a central warehouse / principal, the sale can still be done. Safety stock is usually the same with the lead time procurement.
ROP (Re Order Point)
ROP (Re Order Point) is a point where the branch condition of stock they will already have done prior to allocation of stock replenishment and in the best economic boundaries. Determination of ROP does require in-depth analysis covering 13 moves science this inventory forecasting. Just a suggestion, ROP usually set up 2x lead time.
Stock level
This is the goal of science inventory. How to determine the stock of the safest, most economical and most strategic sector in the city / branch. Stock levels are the availability of stock which point there should be a sector in the branch. This stock level is a translation DOI globally in the form of units of SKU / item of goods.
Delivery
Delivery is a technical factor that can not be determined by an inventory officer. The success of this delivery are more determined by the accuracy of the transporter are used.
Delivery of goods plays an important role in improving inventory management. The higher accuracy of delivery of goods the lower the risk of errors and double work stocks of goods.
Delivery is a technical factor that can not be determined by an inventory officer. The success of this delivery are more determined by the accuracy of the transporter are used.
Delivery of goods plays an important role in improving inventory management. The higher accuracy of delivery of goods the lower the risk of errors and double work stocks of goods.
Marketing vs. Supply Chain
The two parts are almost always not have the same view. Marketing / sales wanted the stock as much as possible while the supply chain have plans to restrict the availability of stock within certain limits. The equation they are achieving maximum sales value.
Forecast should be made by the supply chain and in perfected by Marketing. a marketing that has real sales targets, while the supply chain depends on the analysis of data has occurred.
GIT (Goods In Transit)
GIT (Goods In Transit) sometimes become an unexpected factor in the planning inventory. GIT can occur on two sides, namely principal and into the branches. The lower GIT is the better quality stock values are available.
GIT (Goods In Transit) sometimes become an unexpected factor in the planning inventory. GIT can occur on two sides, namely principal and into the branches. The lower GIT is the better quality stock values are available.
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Thanks foor posting this
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