04/06/15 Les McDonald: Inventory Pulse 1

INVENTORYPULSE

-20

4060

80100

120

MANAGING YOUR INVENTORY

FOR

MAXIMUM RETURN ON INVESTMENT

MANAGING YOUR INVENTORY

FOR

MAXIMUM RETURN ON INVESTMENT

“We help you get your finger on the Pulse of your Inventory!”

04/06/15 Les McDonald: Inventory Pulse2

PRODUCT FORECAST

PLANNING PLAN FOR YOUR INVENTORY WHAT PRODUCTS DO YOU SELL? WHAT TYPE OF PRODUCT: THREE MAIN TYPES

– PRODUCTS YOU MANUFACTURE– PRODUCTS YOU ASSEMBLE– PRODUCTS YOU BUY IN TO SELL

SALES FORECAST STOCK FORECAST STOCK PERFORMANCE

04/06/15 Les McDonald: Inventory Pulse3

PURCHASING PLAN

PURCHASING PLAN OR DEMAND PLAN – BASE ON FORECAST

• LOT SIZES (Options)• COST (EOQ)• LEAD TIME• SAFETY STOCK LEVELS• SERVICE LEVELS (A.B.C. Analysis)• TARGET STOCKING LEVELS (Days cover)