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Shelf life and Inventory Management - The Fresh Connection. Themes. Shelf life Lot sizes in Production (same principle for Purchasing). The concept of Shelf Life. obsolete. Shelflife realisation= 85%. 85%. Shelf life agreement= 70%. Internal shelflife.
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Shelf life and Inventory Management - The Fresh Connection
Themes • Shelf life • Lot sizes in Production (same principle for Purchasing)
The concept of Shelf Life obsolete Shelflife realisation= 85% 85% Shelf life agreement= 70% Internal shelflife Shelflife is 20 weeks (start at the moment of bottling)
Chances of a stock-out situation – large batches Batch sizes in production and purchasing O Q • In case of large batch sizes, the company runs the risk of having an out-of-stock situation three times • But products are less ‘fresh’ Time
Chances of a stock-out situation – small batches Batch sizes in production and purchasing • In case of small batch sizes, the company runs the risk of having an out-of-stock situation ten times • But products are more ‘fresh’ O Q Time