Do you count safety stock as part of your stock when calculating overstock? Some people don't include safety stock in their calculation since the safety stock serves an important purpose as a buffer agains supply risks (lead time variations), and is not inherently bad for the company.
Hi! Mmmh not really, slow moving KPI period should be taken according to your general inventory turnover. For example 3 months if your business has a quick turnover, or 12 if it is longer. And it is calculated on active products (not expired products or product not yet launched). So that period is not related to manufacturing date or expiry date
How do you track serialize appliances. I work for a distribution center and I mange appliances. Only thing I track is my cycle counts. I need help or recommendation
Thank you so much for sharing this video, Please keep this channel alive and post more informative videos on Supply Chain and Inventory Management
Thank you, I will!
Thank you sir...for deep knowledge about KPI of supply chain.
Amazing tutorial, amazing teacher!
Your channel is the perfect compilation of very key concepts in Inventory Management, thank you very much for the great content!!
You're very welcome Raul!
Great vídeo! I'm work with Slob and report de E&O here in Brazil.
Your videos are very helpful for SCM professional.
Do you count safety stock as part of your stock when calculating overstock? Some people don't include safety stock in their calculation since the safety stock serves an important purpose as a buffer agains supply risks (lead time variations), and is not inherently bad for the company.
Good Day, may I ask the starting date is the manuf date and the end date is expiry date? And the 90 days is the safety stocks cover?
Hi! Mmmh not really, slow moving KPI period should be taken according to your general inventory turnover. For example 3 months if your business has a quick turnover, or 12 if it is longer. And it is calculated on active products (not expired products or product not yet launched). So that period is not related to manufacturing date or expiry date
How do you track serialize appliances. I work for a distribution center and I mange appliances. Only thing I track is my cycle counts. I need help or recommendation
SLOB report is obligatory? What is the main goal of this report? And who are you reporting to? To stakeholders?
You're great
Thanks!
❤❤❤❤❤
Thank you for the support
Some goods became better and better in inventory.
🎉 not much clear dear...start date and end date couldn't get