Various Supply Chain Metrics 1

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Other Metrics

Setting Goals

Supply Chain Acronyms


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Various Supply Chain Metrics:

Inventory Months of Supply:
 Inventory On Hand / Avg Monthly Usage
(the Avg M
onthly Usage is typically the yearly forecast divided by12)

Inventory Rationalization:
An analysis that categorizes your inventory by various categories. Examples-
- Current Inventory levels of A,B,C products
- Inventory turns of A,B,C
- Value of Slow Moving product (those products you may have more than "x" number of weeks worth)

Material Value Add.
- Sell price minus material cost divided by material cost.

Upside Flexibility:
 The ability of a manufacturer to meet additional demand requirements. This is usually compared as a percentage over the original order. This is protection for the buyer. It allows for the actual demand to be higher than the forecasted quantity.

 

 

 
 

 

 

Others to be added soon.....

Our goal is to guide companies that are looking to optimize their Supply Chain. Originally, we intended on answering questions about Inventory Control, Sourcing, Manufacturing, Distribution and Supply Chain Metrics. However, we currently do not have the resources to answer individual questions.
 If you want to contact me, email me at:
john@supplychainmetric.com

 

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For information on Inventory Turns, Fill Rate Measurement, Backorder Reporting or any other Supply Chain Metric, click on the links to the left. The text that appears on this website is the opinion of the webmaster. Metrics may or may not be uniform across all industries. All data listed here may be used as a general guide, but it's accuracy is not guaranteed. Please consult a qualified Supply Chain professional for more details on Supply Chain Measurements.  Other Supply Chain Websites
This site is owned and maintained by Michelle Taras & John Taras CPIM, PMP

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VendorManagedInventory.com -  information on Vendor Managed Inventory
InventoryTurns.com - additional information on how to calculate inventory turns or inventory turnover.
SupplyChainManagementNews.com - News stories about Supply Chain Management
SupplyChainDefinitions.com - various definitions of supply chain terms
SupplyChian.com - various supply chain info (yes, i know it's mis-spelled)
SupplyChainPurchasing - a new site Michelle is developing. All about Supply Chain Purchasing.

Inventory Definition - a basic overview of inventory terms.

other...
DangerousTricks.com - video's of people doing extreme stunts.
GermTherapy.com- a website that gives an overview of germ therapy...and cancer treatments.