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In the members area, you will find
1. Webinars - ABC Classification: In this video tutorial, I will show you how to make an ABC Classification for inventory items.
By using Excel, I will show you in detail all the steps to take, from a list of inventory items to the final ABC Classification and ABC Pareto Chart.
EOQ: in this tutorial, I will work out an example of EOQ , Economic Order Quantity, the most simple inventory system.
Understanding EOQ is very important to understand the more complex and real life inventory models.
2. Interactive Worksheets
- Online EOQ Calculation
- Online Mean and Standard Deviation Calculation of a Normally Distributed Demand.
- Online Safety Stock and Reorder Point Calculation: enter your own data!
3. Animated Presentation - Inventory Models: continuous review, periodic review, two bin system ...
4. Recommended Resources: resources I have discovered through many hours of browsing the Internet. - Article "ABC Analysis as an Inventory Control Technique": when ABC analysis is applied to an inventory situation, it determines the importance of items and the level of controls placed on the item. By dividing a company’s inventory into different classifications– A, B, C; managers can focus on the items that account for the majority of the inventory.
- Video Animation: 2Bin System Introduction
- Inventory Reduction White Paper
- self-diagnostic tool
- case examples
- 12 step action plan
More Content (animations, presentations, videos, tutorials, white papers, articles, links...) will be added regularly. You can have access to this content and all the other content on the Supply Chain Coaching website (browse the menus to see all the content) - as a subscription ($ 15.95 / month)
- for 6 Months ($ 69.95 One Time Fee)
Click Here to Register
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Inventory Management
