Industrial Case Study
Dead Stock Reduction
Practical case structure using data, methodology, controls, action ownership and KPI review.
Method
- Define the problem and business impact.
- Collect reliable transaction and master data.
- Analyze and segment the population.
- Calculate the relevant control parameters.
- Implement action with ownership and due dates.
- Review KPI movement and repeat exceptions.
Outputs
- Exception list
- Action owner
- Impact estimate
- Updated control parameter
- Follow-up KPI