Benchmarking Success

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Please note you will receive a discount for any selection where you will provide your data. If you don't have your own data available now print this screen & complete again later.

Pareto Analysis of Inventory

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Description: Check if the time is allocated to managing an individual line item (finished goods) related to its sales or usage perfromance. (Use of the ABC analysis, i.e. 80% of sales come from 20% of items stocked)

Product Profitability Application to Inventory

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Description: Check if there is the product profitability method used to analyse and manage inventory

Customer Profitability Application to Inventory

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Description: Check if there is the customer profitability method used to analyse and manage inventory

Stock Turn Over- Finished Goods

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Description: The overall average annual stockturn for product sold (issued) to customers (finished goods). Annual cost of goods sold figure divided by the average month end finished goods inventory value (stockholding).
For supply operations this includes spares (include insurance spares) and general (consumables) items.

Stock Turn Over - Raw Materials

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Description: The overall average annual raw materials stock turn. Annual purchases of raw materials divided by the average annual raw materials inventory value.