Download Inventory stratification is the process of ranking inventory items based on relevant factors applicable to the business environment. The pu...
Download Inventory stratification is the process of ranking inventory items based on relevant factors applicable to the business environment. The purpose is to classify items into a certain number of categories (typically less than five) so that
Download Inventory stratification is the process of ranking inventory items based on relevant factors applicable to the business environment. The purpose is to classify items into a certain number of categories (typically less than five) so that
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Download B. PAPI KOSTICK (Perceptual and Preference Inventory Test). 1. Sejarah dan Teori. Tes PAPI kostik dibuat oleh guru besar psikologi industri asal Massachusetts, Amerika. Dr. Max Martin Kostick pada awal tahun 1960an. PAPI Kostick menguk
Download Managing your inventory is an important part of the success of your business. An emphasis should be placed on creating and maintaining systems so that costs and revenue can be properly calculated. Simply put, what you put in, is what you
Download Managing your inventory is an important part of the success of your business. An emphasis should be placed on creating and maintaining systems so that costs and revenue can be properly calculated. Simply put, what you put in, is what you
Inventory Management Objectives Good inventory management is a careful balancing act between stock availability and the cost of holding inventory
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Download Managing your inventory is an important part of the success of your business. An emphasis should be placed on creating and maintaining systems so that costs and revenue can be properly calculated. Simply put, what you put in, is what you
Download INVENTORY. Summary. Address. Telephone Number. Schedule. Type of Property. Appraised Value. A Real. B Leasehold. C Tangible personal. D Corporate stocks. E Bonds, notes, mortgages, debts due to the decedent. F Bank accounts, savings an
Download INVENTORY. Summary. Address. Telephone Number. Schedule. Type of Property. Appraised Value. A Real. B Leasehold. C Tangible personal. D Corporate stocks. E Bonds, notes, mortgages, debts due to the decedent. F Bank accounts, savings an
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Download Intensive Inventory Management Program deals with the STOCK processes such as inventory stratification, forecasting and replenishment. Inventory stratification is the process of classifying items into a certain number of categories so th
Inventory Management Systems is a key instrument for businesses when ... Inventory Management System extends outside of just inventory levels. It can
Download Intensive Inventory Management Program deals with the STOCK processes such as inventory stratification, forecasting and replenishment. Inventory stratification is the process of classifying items into a certain number of categories so th
Download Intensive Inventory Management Program deals with the STOCK processes such as inventory stratification, forecasting and replenishment. Inventory stratification is the process of classifying items into a certain number of categories so th
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Inventory Stratification
Research Project
Best Practices H Actionable Results H Education
Distributor Process Framework SUPPLY CHAIN PLANNING
SOURCE
SUPPLIER
STORE
STOCK
SELL
SHIP
CUSTOMER
SUPPORT SERVICES
INVENTORY PROFITABILITY
Stratification Model
Education & Roadmap
Optimizing Distributor Profitability
A B
Best Practices to a Stronger Bottom Line
C D INVENTORY MOVEMENT
Sample Results $41.3 MM
100%
$188.1 MM
$39.6 MM
$16.3 MM
$5.1 MM
$23.3 MM
80%
$14.5 MM
$ 54.4 MM
60%
F. Barry Lawrence • Senthil Gunasekaran • Pradip Krishnadevarajan
$5.2 MM
$10.3 MM
$8.5 MM
40% $10.3 MM
$81.3 MM $16.7 MM
20% $3.7 MM
0%
$4.3 MM
$12.8 MM
$2.3 MM
AVG. INV ($)
TOTAL SALES ($)
TOTAL GM ($)
D C B A NEW
Inventory stratification is the process of ranking inventory items based on relevant factors applicable to the business environment. The purpose is to classify items into a certain number of categories (typically less than five) so that working capital can be managed optimally.
Representative Project Outcomes
“Through knowledge learned from the inventory management program, attended by all our management and key salespersons, we have reduced our total inventory levels by over 20%.”
Brent A. Burns, Vice President, ISC Building Materials, LP
“We collaborated with Texas A&M on an inventory stratification project which has resulted in a successful classification of our inventory based on item level profitability. We have already seen a significant reduction in capital employed and expect to benefit from further decreases.”
Key Take-Aways Reduce obsolescence and right-size inventory investments Maximize your ROI on inventory
Kevin C. Reid, Vice President - Procurement, ThyssenKrupp Materials, N. A.
Balance customer service Optimize safety stock investment
“I was impressed with the overall program at TAMU. When I look back to the program, I was impressed with the Item Stratification segmentation of Critical (A&B) Items and (C) Items.”
Minimize total relevant cost Manage item-level profitability Effective use of IT & human resources
Randy Thomas, Regional Manager, Wilson Supply
INDUST RIAL DI ST R I BUT I O N P R O G RA M 204 Fermier Hall, 3367 TAMU, College Station, TX 77843-3367
