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SHaping Inventory

Discover effective inventory management techniques in Chapter 3 of Dr. Tony Wild's guide, including ABC analysis and Pareto curves. Learn how to classify items by usage value and reduce inventory costs while maintaining efficiency. Dive into theoretical and actual inventory profiles to enhance stock control and maximize supply chain performance.

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SHaping Inventory

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  1. SHaping Inventory Chapter 3 Best Practice in Inventory Management Dr Tony Wild

  2. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Figure3.1 Pareto curve Effect % 20 30 40 50 60 70 80 90 100 10 Cause % Best Practice in Inventory Management Dr Tony Wild

  3. ABC Analysis Best Practice in Inventory Management Dr Tony Wild

  4. Figure 3.3 ABC Inventory Control Best Practice in Inventory Management Dr Tony Wild

  5. Figure 3.4 Example of Pareto Analysis Best Practice in Inventory Management Dr Tony Wild

  6. Figure 3.5 Classification by Usage Value Best Practice in Inventory Management Dr Tony Wild

  7. Figure 3.6 Summary of ABC Analysis Best Practice in Inventory Management Dr Tony Wild

  8. Figure 3.7 The Cumulative Pareto Curve Sequence of items Best Practice in Inventory Management Dr Tony Wild

  9. Best Practice in Inventory Management Dr Tony Wild

  10. Figure 3.5 Theoretical and Actual Inventory Profiles Number of lines Stock cover in weeks (or days) Best Practice in Inventory Management Dr Tony Wild

  11. Figure 11a ABC Stock Balance Best Practice in Inventory Management Dr Tony Wild

  12. Figure 11b 19% reduction in Inventory Value by more frequent A class supply Best Practice in Inventory Management Dr Tony Wild

  13. Figure 11c 5% reduction in Inventory Value maintaining similar workload Best Practice in Inventory Management Dr Tony Wild

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