2 Posts found for Author: Thierry Catfolis

1. Are you able to break down your operating inventory into the three major categories when reporting levels—safety, replenishment and excess or obsolete stock?
2. Is your company using the most effective method to calculate your safety stock levels?
3. Do you recalculate safety stock levels on a regular basis to ensure they are up to date?
4. Who decides key inventory-related policy such as striking the right balance between

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Authors: Francois Faelli, Pratap Mukharji, Raymond Tsang, Ronald Fink, Sam Israelit, Thierry Catfolis | Source: Ten ways to improve inventory management | Subject: Operations Questions

1. Are you able to break down your operating inventory into the three major categories when reporting levels—safety, replenishment and excess or obsolete stock?
2. Is your company using the most effective method to calculate your safety stock levels? Are you using statistical formulas that incorporate the accuracy of sales forecasts, required production lead times, manufacturing schedule adherence and service-level data for each SKU? Or are

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Authors: Francois Faelli, Pratap Mukharji, Raymond Tsang, Sam Israelit, Thierry Catfolis | Source: Inventory management: 10 questions to diagnose your inventory health | Subject: Operations Questions