MANAGEMENT FRAMEWORKS

Industrial Materials Management Frameworks

Practical management frameworks for inventory control, replenishment, material planning, purchasing, stores operations, MRO and performance management.

Inventory & Replenishment

Min-Max Inventory Control Reorder Point / Reorder Level Safety Stock Economic Order Quantity (EOQ) Reorder Quantity Two-Bin System Three-Bin System Kanban System Order-Up-To System Base Stock System

Inventory Classification & Analysis

ABC Analysis FSN Analysis VED Analysis HML Analysis SDE Analysis XYZ Analysis ABC-FSN Analysis ABC-VED Analysis Inventory Ageing Dead Inventory

Planning & Materials Management

Material Planning MRP Master Production Scheduling Gross & Net Requirements Lot Sizing Materials Management Total Cost of Ownership Value Analysis Value Engineering

Stores & Lean Operations

FIFO / LIFO / FEFO Put-away & Preservation Physical Verification Pull System Push System Just-in-Time Visual Management Value Stream Mapping Kaizen

Performance & Control

Inventory Turnover Ratio Inventory Days Stock Coverage Inventory Accuracy Service Level Fill Rate Stock-out Rate Vendor OTIF